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DC Ranch Condo – BANK OWNED! VIEWS-VIEWS-VIEWS

June 19, 2010

Seeking a private sanctuary in an upscale neighborhood with great mountain views?  Well this could be it!

This 2-story 2-bedroom/2-bath townhouse in DC Ranch is close to DC Ranch Marketplace and across from the Village Athletic Club. Features include a spacious family room with fireplace, master suite with dual sinks, separate shower and tub,  walk-in closet [...]

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Mortgage Fraud Arrests and Crackdown Strikes Phoenix

June 18, 2010

Finally!  In cased you missed the article in today’s Arizona Republic, arrests and prosecution of those committing mortgage fraud are on the rise. Since the beginning of March, there have been 51 Arizona indictments with 13 convictions.
Meanwhile, a recent Businessweek article reported that a man from Henderson, Nev., was recently sentenced to 1-2.5 years in [...]

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From the Mailbag: Tips On Buying A Bank Owned Property

June 7, 2010

I was checking my emails this weekend and I received an interesting note from someone needing help in Indiana.  He writes:
“On Thursday, I made a full price offer on a foreclosure listing.  The listing agent told me there were two other offers and that I needed to send him my best offer.  I raised my [...]

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ASU: Phoenix Real Estate Market Returning to Normal

May 19, 2010

In his monthly Phoenix housing market report Jay Butler, associate professor of real estate at ASU, said that the market isn’t back to normal yet, but it’s getting there. You can read the April Phoenix Realty Studies report here, and listen to an interview with Jay Butler here.

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For Sale By Owner? The Value of a Phoenix Real Estate Agent

May 13, 2010

I was talking the other day with a prospective client who’s currently what we call a “FSBO” – meaning he’s listed his home as “For Sale By Owner.” His Scottsdale home has been on the market for 8 months (about 2 months longer than the average active Scottsdale home listing), so he’s wondering if there is a better way.

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Huge Anthem Home at a Small Bank Owned Price!

May 12, 2010

Ready for a newly painted bargain?  Then check out this great Anthem opportunity. 
 
This well-maintained 2168-SF home features 5 bedrooms, 3 bathrooms, downstairs master suite with large walk-in closet, dual sinks, inviting family/dining room with entertainment center, spacious living room, inside laundry, great kitchen with granite countertops, maple cabinets,  tile floor and breakfast bar.  We’ve repainted [...]

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10 Low-Cost Ways to Spruce Up Your Phoenix Home for Sale

May 10, 2010

While the Phoenix housing market is bumping along its way to recovery, there’s no doubt that it’s still a strong buyer’s market in Phoenix.  That means sellers have to work extra hard to sell for the listing price and in a reasonably short amount of time.  The list below is 10 easy and inexpensive steps [...]

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Case-Shiller by the Numbers: Phoenix Home Prices Down Slightly Again

May 6, 2010

Prices of Phoenix homes fell slightly in February according to the S&P/Case-Shiller Home Price Index, released on Tuesday. Let’s analyze what’s been going on in the Phoenix and Scottsdale real estate market. The S&P/Case-Shiller Home Price Index released April 27, 2010 (and covering through February 2010) had mixed news for the Phoenix real estate market.

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Buy or Rent Your Scottsdale Home? Ask the Calculator!

May 4, 2010

There was a great article in the New York Times the other day about how buying, in a lot of real estate markets, makes much more sense now than renting. I’ve blogged about the rent v. buy decision before, but this article gives some great new insight to the decision making process.

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ASU-RSI Report: Prices of Phoenix Homes Higher in March 2010 than March 2009 – Finally!

April 29, 2010

“For the first time in three years, the ASU-RSI (Repeat Sales Index) is showing an increase in residential prices: preliminary data for March show that year-over-year, prices for homes in the lower-price and foreclosure segments in Phoenix turned positive.”
That’s according to the latest ASU Repeat Sales Index, which reports sales of homes in Phoenix AZ.  [...]

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