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Below is a link to an article by CCN-Money about purchasing a home in 2012. It basically discusses the national real estate market but it also has a few words about Phoenix. Economists are expecting home prices to start rising by a small amount nationally this year. In Phoenix this has already started happening...
As we have been reporting, the inventory of homes in a lot of the Phoenix metro area is about half what it was last year. The inventory of foreclosure homes for sale is about a quarter of what it was a year ago. This has caused competition among buyers and home prices are starting...
Mike Orr was quoted in the Arizona Republic as saying that he believes the housing market in the Phoenix area hit bottom in September of 2011. Mike Orr is the Director of the Center for Real Estate Theory and Practice for Arizona Statue University. We are seeing multiple offer situations for many properties priced...
The article below is about the National Housing Market. The good news is that this also holds true for the Great Phoenix area real estate market. The inventory of existing homes for sale is about half of what it was a year ago. Some Good Signs for the Real Estate Market. TweetFacebookLinkedInTumblrStumbleDiggDelicious
Many people are recognizing that now is a good time to buy a retirement home. Even thought the inventory of homes for sale in the Greater Phoenix area is about half of what it was a year ago, many condos and town homes are still available for less than $100,000. With the decrease in...
Freddie Mac is offering an incentive for a limited time for owner occupant buyers of it’s foreclosure homes. They will pay up to 3% of the final sales price towards buyer’s closing costs . They will also provide a two year home warranty. Contract must meet all requirements including being accepted by January 31,...
Home affordability is at an all time high. With interest rates at historical lows, now is a great time to buy or to refinance. Realty Times – 30-Year Fixed-Rate Mortgage Averages 3.99 Percent. TweetFacebookLinkedInTumblrStumbleDiggDelicious
Realty Times – The Joys of Homeownership. TweetFacebookLinkedInTumblrStumbleDiggDelicious
Realty Times – Choosing a Condo. TweetFacebookLinkedInTumblrStumbleDiggDelicious
Housing Affordability at Highest in 20 Years. TweetFacebookLinkedInTumblrStumbleDiggDelicious
