I have had a few calls and emails about the changes to the First Time Home Buyer Tax Credit. There are income limits for the buyer specified below. This credit is expected to add up to an additional 400,000 home purchases. Many of those buyers will be purchasing Foreclosure Homes or Short Sales in poor…Read More→
HUD WAIVES 90 DAY FLIP RULE – GREAT IT IS A POORLY DESIGNED RULE!
HUD WAIVES 90 DAY FLIP RULE – GREAT IT IS A POORLY DESIGNED RULE! Thank you, someone is listening. This rule would have helped more in the crazy run up days. But now that we are at or near of past the bottom of the real estate market, depending on your neighborhood here in Metro…Read More→
NEW BANK OWNED REO FOR OUR ELITE BUYER GROUP
Here is your advanced notice. Are you looking in North Phoenix? Do you want a 5 bedroom 3.5 bath house with Granite Counters, upgraded Cabinets, Stainless Steel appliances and mountain views? Take a look and call us to get the first opportunity on this home…It is not available to the rest of the market at…Read More→
HVCC: Housing Industry working with Cuomo on Appraisal issue
If you have not heard, the new law HVCC is destroying property values. Now the Realtors and lenders are working with New York attorney general Andrew Cuomo to fix this WRONG! http://www.newsgeni.us/articles/154/Housing_Industry_Pleads_for_Appraisal_Reform.html Any time a job can be done with no accountability it will lead to poor work. HVCC gives no accountability to appraisers. Yes,…Read More→
"BUT SHORT SALES AREN'T A LONG SHOT ANYMORE…"
ARTICLE IN THE ARIZONA REPUBLIC ABOUT SHORT SALES This morning in the Arizona republic’s article “Fast? No. A sure Thing? Not Likely But short sales aren’t a long shot anymore, real-estate agents say” discusses a few of the realities about short sales such as: they take a long time, currently the best deal for buyers,…Read More→
Crdit Suisse "Monthly Survey of Real Estate Agents"
This is a monthly survey I participate in for Credit Suisse. I wanted to share the information. Every thing shows a real estate market improving. The comment below that there is pressure on the high end as entry level home prices increase, is exactly what we are experiencing here in the Phoenix real estate market….Read More→
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