From the category archives:
Ok, this is probably one of the most controversial topics…. Why can’t we just start doing appraisals on Phoenix Real Estate before they get listed? List them at their Appraised Values, it is really crazy out there kind of like bidding on properties back in 2006. Same craziness, 3-5 bids on one property, bidding against [...]
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Phoenix Real Estate has been brutal out there, trying to find a home fit for buyers and once found, multiple offers. Yes just like or worse than 2005, when you were trying to look for a home and when you went to make a offer there were already 3-4 offers on the table. Not only [...]
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FHA Extends Waiver of Anti-Flipping Regulations Through 2012: In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Acting Federal Housing Administration (FHA) Commissioner Carol J. Galante will extend FHA’s temporary waiver of the anti-flipping regulations. With certain exceptions, FHA regulations prohibit insuring a mortgage on [...]
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It’s really bad when you volunteer to help deliver food boxes and your shift gets cancelled, due to running out of food boxes to hand out during the holidays. So many families and organizations in need of help, especially these last few years even more, because of the job loss and housing crisis due to [...]
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According to the Cromford Associates, LLC, as of November 18, 2011 from Arizona Regional Multiple Listing Service (Maricopa County): There were 27,344 Active Residential Listings; At the same time last year we had 45,798 Active Listings Of these Active Residential listings: 2,399 were Lender Owned- (9%) – same time last year: 8,733 (19.3%) 10,244 were [...]
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Looking to live in a plush neighborhood that reminds you of the Midwest or East Coast, Phoenix’s Central Corridor has homes for sale ranging from red bricks to colonials, ranch style homes to colonials. These Phoenix homes in the Central Corridor reminds you of home but without the Snow, the Central Phoenix Corridor is the [...]
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Interest Rates on 30 year mortgages in Phoenix are at their all time lows at 4.12%, as the average interest rate on a 30 year fixed has been 5% over the past year, according to Freddie Mac, which are the lowest since 1971. Also, normally on the 15 year fixed mortgages interest rates are even [...]
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