Phoenix Real Estate-Phoenix Homes For Sale

Phoenix Real Estate-Phoenix Homes For Sale

Phoenix Real Estate Search

Posts tagged as:

Scottsdale Real Estate

Refurbished Scottsdale Gem – 4 bed – 2 bath – corner lot and more

July 8, 2010

Talk about a great home on a great lot!  Experience the best that North Scottsdale has to offer at this home with outstanding features.  Your new private paradise sits on a large corner lot and features 4 bedrooms, 2 baths, custom travertine tile, new paint, new kitchen, new counters, new cabinets, new EVERYTHING!  All this [...]

Read the full article →

Are Bank-owned Homes in the Phoenix Real Estate Market Really a Bargain?

February 16, 2010

Here’s a question for you: If a significant number of Phoenix homes are bank-owned (“foreclosure properties”) and the bank sells them for less than “market value” (meaning, less than similar homes in the area have sold for), does that pull down the price of non-foreclosure properties in Phoenix? So in the end, the new “market value” – the price at which Phoenix homes sell – is the lower foreclosure price?

Read the full article →

More Phoenix Real Estate Strategic Default News from Bob Stahl

February 10, 2010

The latest Phoenix foreclosure report showed that the Phoenix real estate market seems to be rounding the corner in terms of the number of foreclosures, though I predict a new wave of foreclosures in higher-end markets, like for Scottsdale homes. But given that the number of Phoenix foreclosures is still relatively high, what does that portend for strategic defaults?

Read the full article →

Phoenix Real Estate Market Set Foreclosure Record in 2009

February 9, 2010

Lenders foreclosed on 41,000 Phoenix homes in 2009, according to the latest ASU Realty Studies report. That’s a new record and accounts for 35% of existing home transactions in the Phoenix real estate market.

Read the full article →

Phoenix Real Estate of Affairs: Strategic Mortgage Defaults

January 29, 2010

I’ve realized, as strategic defaults have blown onto many a front page recently, that I’ve been blogging about strategic mortgage defaults in the Phoenix real estate market long before “it was cool.” Check out the Phoenix Real Estate Blog Strategic Default Timeline.

Read the full article →

REALTOR.com® Featured Blog on the Value of Homeownership

January 28, 2010

On Tuesday REALTOR.com® featured a blog post I wrote called “Beyond Motherhood and Apple Pie: The Value of Homeownership.” With all the talk of people choosing to walk away from their homes because they owe more than the homes are worth (“strategic defaults,” which I’ve written a lot about) I got to thinking about the underlying value of homeownership.

Read the full article →

Phoenix Rent-to-Own Agreements 101

January 25, 2010

I’ve written a lot about homeowners who owe significantly more than their homes are worth and decide to default on their mortgage – to cut their losses and walk away.  That decision has a big impact on a person’s credit score – whether it’s a series of late payment, a foreclosure, or a short sale, [...]

Read the full article →

Phoenix Home Prices Up for 5th Straight Month

January 21, 2010

The S&P/Case-Shiller Home Price Index released December 29, 2009 (and covering through October 2009) had more good news for the Phoenix real estate market: prices increased for the fifth month in a row.
National-level highlights
 

While home prices in the 10-City and 20-City composite indices were still down – 6.4% and 7.3%, respectively – compared to a [...]

Read the full article →

Phoenix Real Estate Economist Elliott Pollack Says the Glass is Half Full

January 15, 2010

In its fourth quarter 2009 forecast the Greater Phoenix Blue Chip panel found good reason to be optimistic about residential real estate in the coming year.  Phoenix real estate economist Elliott Pollack reports that “Single-family permits are expected to be up almost 38 percent in 2010 and another 41 percent in 2011. The 2011permit forecast [...]

Read the full article →

Phoenix Real Estate Market: 2010 Will be a Year of Transition

January 14, 2010

Here’s an interesting fact about the Phoenix real estate market: there was a record number of transactions in 2009 – nearly 2,000 more Phoenix home sales than in the previous record-holding year (2005).  According to ASU’s online magazine Knowledge@W. P. Carey, “As it happens, the two years are book ends around a historic run up [...]

Read the full article →
Page 1 of 212»