For Home Owners

Interest rates have fallen to the lowest level since tracking began in 1971.  The average rate for a thirty year fixed rate home loan is 4.69%.   In general, if you plan on being in your home for at least five more years and the current interest rate you are paying is at least one point...
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I just read an article from the Phoenix Business Journal regarding homes prices.    Everyone is always wondering when the real estate prices will have hit bottom.  That is something we can’t tell until prices have started to increase and we are past the bottom.  We have seen greater competition by buyers in the market place...
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March sales of existing homes through the Arizona Regional Multiple Listing Service increased over last year by 18%. Some of this is attributable to the home buyer tax credit which requires a contract by the end of April. We have also seen a number of second home buyers from other states and Canada. Home...
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There have been several articles in the Arizona Republic lately regarding reports on the housing market.  It looks like we will hit the price bottom for houses sometime this spring and may have already hit it for foreclosures.  Here are a few quotes and some links to the articles. “Overall, the 20-city index (S&P/Case-Shiller...
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  We have a new service we are offering to home owners and home sellers. Sign up for your free Listingbook account and you can easily: Find out what homes similar to yours are selling for in your neighborhood Get notifications of price changes and new listings in your neighborhood If you list with...
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  We have set up a blog just for our newest listing in the Mesa community of the Village at Hawes. Three Bedroom, Two Bath, Model Patio Home – Mesa, AZ See pictures of the patio home and the community.  Read about the community and the home by clicking on the link above.  There is...
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If you own your own home, are having trouble paying your mortgage, and are considering a short sale, you should read the Short Sale Seller Advisory.  This was issued in January 2010 by the Arizona Department of Real Estate in conjunction with the Arizona Association of REALTORS® and has a lot of good information. ...
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If you are having trouble making your mortgage payment, we wanted to let you know about some resources that might be helpful for you.  These are all available through the U.S. Department of Housing and Urban Development website, www.HUD.gov.   The counselors can help you evaluate which options will be best for you.  Links: Foreclosure...
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The President signed the legislation to expand the first time home buyer tax credit to include current home owners on Friday 11/6.    Here is some basic information about the credit. What is a tax credit? A tax credit differs from a tax deduction in that the amount of the credit is deducted from the...
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Google has added real estate data as an optional display for its maps.  Just go to Google Maps and enter an address.  Once you have brought up the address with the surrounding neighborhood, click on the “More” tab in the upper right corner of the map.   A drop down menu will appear.  Click on...
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