Finally the numbers are coming out! But this is from December. Come on! Why can’t they get the January and February numbers. They are easily available to access. Inventory of single family homes for sale in metro Phoenix continues to drop. We are on track to drop over 10% from the end of February to…Read More→
LOAN MODIFICATION IN METRO PHOENIX – WHAT A JOKE!
Yes, I said what a JOKE! But let me go further and say after meeting with executives from Wells Fargo, Bank of America and Chase; they feel the same way. The biggest problem with loan modifications is that they give false hope to people. The second biggest problem is that 70% that get approved are…Read More→
FLOPPING HOMES IN ARIZONA – SHORT SALE SCAMS
I have seen many attempts at flooping by these guys. I get at least 1 email every 10 days with a request to get involved. I believe this is wrong and many times fraudulent. I have seen many homes on the market, way under priced, but the agent tells me they have a low offer…Read More→
Housing recovery threatened by 'strategic defaults' Bankers: Credit will tighten as people bail on mortgages
This is the big unknown question moving forward regarding our housing market. The market is recovering, but what will strategic defaults do to the future of housing? Housing recovery threatened by ‘strategic defaults’ Bankers: Credit will tighten as people bail on mortgages By Catherine Reagor – May. 23, 2010 12:00 AM The Arizona Republic Homeowners…Read More→
Phoenix home sales show promising trends Long-term buyers return
Thank you Catherine for your comments on the real estate market. I can’t believe some of the comments I see from readers. They really have no clue what is happening, or they are sick of the good news not really being good. Who knows? As usual, I wonder why the Republic waits until late May…Read More→
Foreclosure sales dominate Valley
Catherine Reagor and the Republic, reported today that home prices fell .006% from December to January. Tomorrow, I will be working on the March numbers and have a report for you after the holiday weekend! Keeping you up to date on the numbers for today, NOW! I am really looking forward to seeing what the…Read More→
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