Well if you are a buyer in today’s market, then you know this oh too well. The foreclosures are stabalizing and inventory is way down. As a matter of fact, in the Metro Phoenix marekt place there is only a 3 month supply of homes for sale. Of those only about 12% are foreclosure homes….Read More→
FORCLOSURES STABABLIZE IN METRO PHOENIX REAL ESTATE MARKET
Arizona Legislators Sell Public Assets? Is this the right time?
With the residential real estate market beginning to recover, this is not the time for an investor to liquidate homes. Of course, that depends on the situation. Why is the Arizona Legislature even considering selling state properties? The commercial market is in FREE FALL right now. It is the next problem we have to deal…Read More→
HOUSING IS ON THE RISE, VALUES RISE FOR FIRST TIME IN 3 YEARS
It is about time the truth is revealed! I show property values up 8.3% here in Metro Phoenix market since March, according the data from the ARMLS. We are seeing bidding wars, it is crazy out there. But some homes aren’t selling. Well look at the ones that are selling, are they priced even close???…Read More→
HVCC H.R. 3044 JUST KILLED ONE OF MY HOME SALES
I just went through a major appraisal issue. It was really disappointing. I know what happened in the past was ridiculous, but why must we replace ridiculous with PATHETIC??? What I just experienced was an appraiser that took an inferior home adjusted it for that reason and came to a value above sales price….Read More→
CASH FOR CLUNKERS
If you have not seen, there is a great deal out there called Cash for Clunkers. It is part of the stimulus package and there is $1 billion for it. It works like this, bring in your gas guzzler, average of 18 mpg or less, and buy a new efficient car. The government pays $4,500…Read More→
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