ACTIVE WITH CONTINGENCIES – HOW THIS CATEGORY AFFECTS THE REAL ESTATE MARKET Many years ago Realtors were having a problem with showing homes that were already closed. Agents held off on “Pending” a home in the MLS, Multiple Listing Service, until after inspection, appraisals and sometimes until the home closed escrow. The board tried levying…Read More→
Investor Choices in Metro Phoenix Real Estate: Which is a better decision to buy? by Jeff Cameron Realtor MRW Homes
I wanted to share this email I sent to an investor a few minutes ago. I am comparing the choice between a single family home purchase around $73,000 and the choice to buy 2 condos that together cost $73,000. Since we have not seen these homes, I don’t have repair and fix up calculated. Here…Read More→
When will Prices Rise? Phoenix Real Estate Market Report – Credit Suisse – August 2011
When will Prices Rise? Phoenix Real Estate Market Report – Credit Suisse – August 2011 I listed and sold a home this last week. We had several offers and sold it for Full Price with my “Premiere Home Launch System.” Some might ask, why didn’t you price it higher? My seller wanted to price higher,…Read More→
GOOD NEWS: HOME PRICES ARE FINALLY RECOVERING
I was emailed this article and thought I should share it with you. It is an interesting perspective, but supports my position that the housing market has bottomed and is moving higher. You can check my other blog postings to support this position. Basically, I am seeing tight supply and bidding wars. We still have…Read More→
Karl Stauffer's Real Estate Market Update – Metro Phoenix Real Estate Sales for June 2011
I just received this email below from Karl Stauffer a local real estate broker. I posted it to show other sources supporting my numbers and exactly what is going on in the real estate market here in metro Phoenix and Scottsdale. Karl runs Capital Asset Managers. You can see by the numbers he has that…Read More→
FHA LOAN LIMITS ARE CHANGING HERE IN THE METRO PHOENIX REAL ESTATE MARKET
What will this mean? Currently most of the livable homes sold between $90,000 and $350,000 are being purchased with FHA financing. FHA is more forgiving than conventional financing. For example a home buyer with a Short Sale can purchase a home 2 years after the Short Sale with FHA and it is 3 years for…Read More→
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