June Real Estate Market Report for Metro Phoenix and Scottsdale by Jeff Cameron Realtor Below is a compilation of my market reports for June 2011. I posted these in Active Rain earlier this year. I have a report on: Metro Phoenix Home Sales Scottsdale Home Sales Bank Owned / Foreclosure Home Sales Short Sale Home…Read More→
MAGNETAR – THE DEVIL IN DISGUISE
More NEWS on Magnetar. Magnetar was the hedge fund that singlehandedly extended the financial crisis another 2 years. I don’t want to try and explain it all when I can just it from the source: goo.gl/hossN Update Oct. 29th, 2010: This story has been corrected in response to a recent letter from Magnetar. Read their letter,…Read More→
FootHills Neighborhood in Phoenix – Home Sales Report for Septbember 2010 by Jeff Cameron Realtor
Foothills neighborhood at Tatum and Bell in Phoenix – Home Sales Report for September 2010 Inventory up to 34 Homes for sale from 27 or a 26% increase. Pending homes sales increased to 23 from 20, a 15% increase. Closing dropped to 5 last month from 11 the prior month, that was a Huge decrease….Read More→
AMAZING STORY ABOUT THE BANKS: JPMorgan Halts Foreclosures, "Robo-Signers" Appear Commonplace
This is interesting. So, I guess you have to review the file before you just sign off and send someone to foreclosure. Wow! Doesn’t that make sense. It appears the banks have set up a kind of conveyor belt of processing delinquent loans to foreclosure. The law states they have to read the file and…Read More→
Has the Foreclosure Wave Begun? Foreclosure Starts Hit Highest Level Since January: LPS
We have been hearing for several years about the wave of Foreclosures. Yet, they continue to hold steady. Now that Fannie Mae, Freddie and big banks like Wells Fargo are going to be strict about giving a extension on a Foreclosure date, maybe the wave has begun. Foreclosure Starts Hit Highest Level Since January: LPS…Read More→
HOT NEWS ON THE REAL ESTATE MARKET – WELLS FARGO, FANNIE MAE AND FREDDIE MACK MAKE MAJOR CHANGE!
I hope this video is helpful to you. The banks are changing again. With this change we will see a huge increase in Foreclosures over the next 6 months. So basically Wells Fargo, Fannie Mae, Freddie Mac and other large banks are changing their policy on extending foreclosure dates and close of escrow dates.
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