In yesterday's New York Times David Streitfield commented on the millions of American homeowners whose negative equity will keep them underwater for years to come, "a modern variation of the Victorian debtor's prison that is freezing a large ...
[Read More] Surprise – a growing city or stumbling subdivision? The Surprise bond election on November 3rd will answer one of the most important questions we as a city have to decide. Will Surprise move on towards a fully integrated community where there are ...
[Read More] Subprime loans were problem, but overall, broader economic woes contributed to pain Home-foreclosure activity has spilled across every geographic and socioeconomic border this year, proving that no community was too cautious, clever or well-funded to remain ...
[Read More] • 1,867 sq. ft., 2 bath, 2 bdrm single story - MLS® $344,900 Trilogy at Vistancia, Peoria - Lovely Libertas in Trilogy. Featuring the best private lot with mountain views currently on the market! NE/SW exposure offers lovely morning sunrise views ...
[Read More] A Historic Time to Buy Young people just starting to invest and buying their first homes are potentially the winners in this recession. First-time homebuyers, most between the ages of 25 and 45, accounted for about 45 percent of home sales from January ...
[Read More] Signs advertise available retail spaces in the Chandler Mercado shopping center at the northwest corner of Arizona Avenue and Warner Road in Chandler. Feb. 10, 2009. No improvement seen for retail real estate Store closings will continue to outpace openings ...
[Read More] Home prices in Arizona fell less than forecast Sept. 29 -- Home values in 20 U.S. metropolitan areas declined less than forecast in the year ended in July, a sign the housing slump that led to the worst recession in seven decades is abating. The S&P/Case-Shiller ...
[Read More] Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.04 percent with an average 0.6 point for the week ending September 24, 2009, unchanged from last week ...
[Read More] A win-win equity sharing solution for those who, along with their lenders, got caught up in the pricing escalation of 2005-06 was proposed in yesterdays Inman News by Alex Perriello. His basic proposal is to have the homeowner and the lender reach an equity ...
[Read More] Washington Report: Tax Credit Changes The first major change to the $8,000 home buyers tax credit began moving through Congress last week, giving hope to real estate and building groups pushing for extension of the entire program before it expires Nov. ...
[Read More] Anti deficiency ARS 33-814 provides protection to the borrowers in some cases against a deficiency judgement when their property has gone through a foreclosure or short sale. In many cases, it appears the lenders are recognizing the limitations this statute ...
[Read More] Valley home prices holding steady 3-month trend indicates 27-month freefall may have come to an end, ASU expert says After a record-breaking 27 months of decline in the Valley's median home price, some of the most influential local real-estate analysts ...
[Read More] Trilogy at Vistancia, Peoria - Announcing a price reduction on 27989 N Trilogy Blvd, a 2,935 sq. ft., 3 bath, 3 bdrm single story. Now $430,900 - Base Price! Just one of many terrific floor plans offered, all at a savings! Trilogy has reduced base prices ...
[Read More] Purchases of new homes in the U.S. climbed 11 percent in June, the biggest gain in eight years, adding to evidence the slump that began in 2005 is stabilizing. Sales increased to a 384,000 pace, higher than any forecast of economists surveyed by Bloomberg ...
[Read More] Mike Horton, Realtor with Century 21 Arizona Foothills, is ready to help homeowners with mortgage problems to short sale their home. This is a complex process that requries experience and knowledge about credit, taxes and lenders. Many Realtors have limited ...
[Read More] Two new reports show slow improvement is being made in the East Valley's new and existing home markets. Home sales increase, median price down Housing market may be changing course Last month, new-home construction permits reached 1,018 across the ...
[Read More] In June 2009, 11,820 resale homes recorded as being sold, while there were 9,980 recorded sales in May and 7,840 sales for a year ago. Foreclosure activity in June 2009 represented 34 percent (4,060 transactions), while there were 7,760 traditional market ...
[Read More] The number of U.S. households on the verge of losing their homes dipped in May from April, and the annual increase was the smallest in three years. But as layoffs, rather than risky mortgages, become the main reason that borrowers default on their home ...
[Read More] I just read this Article from from USA Today and thought I would share it with you. Has the market leveled out or will we re-test the lows? What is your thoughts? — The number of U.S. households faced with losing their homes to foreclosure jumped ...
[Read More] Do you know what your home is worth in Arizona? SEARCH FOR YOUR ZIP CODE BELOW A house near 44th Street and Southern Avenue in Phoenix sold last month for $33,000. It's in zip code 85042, in Southeast Phoenix, where the price per square foot dropped ...
[Read More] Pending home sales jump 3.2% Buyers defy expectations with an increase in sales contracts signed during March. Pending home sales rose in March for the second consecutive month and are up year over year. The Pending Home Sales Index from the National Association ...
[Read More] Indicators of Recovery You may not be quite ready to accept the idea that housing on a national basis has moved beyond bottoming out and is now in slow recovery mode. But think about this: Even if you're bearish on the market, you've got to notice ...
[Read More] What: Home Ownership 101 Presented by: Phyllis Borchardt, RealEstate.com, REALTORS® Cheryl Armenta, Wells Fargo Home Loans Where: Dino's Greek & Italian Restaurant 14960 W Indian School Rd # 380, Goodyear, AZ When: Saturday, May 2, 2009 9:30 ...
[Read More] Where: Dino's Greek & Italian Restaurant 14960 W Indian School Rd # 380 , Goodyear, AZ When: Saturday, May 2, 2009 9:30 – 11:30 a.m. Why: The how’s and why’s for home buyers & first time homebuyers about purchasing a home, ...
[Read More] In March, foreclosures fell, sales in some areas hit record highs For the first time in years, there's good news coming out of metropolitan Phoenix's housing market. In March, home sales soared to levels not seen since 2005, foreclosures fell for ...
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