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Do you want to buy now , but don’t want to wait until next year for the $8,000 tax credit? There has been a special election to allow first time homebuyers purchasing after 12/31/2008 through 7/1/2009 to allow them to treat the purchase as though...
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Maricopa was raised to $346,250. Pima County was raised from $271,050 back up to $316,250. Feel free to follow the link to HUD's website for all other counties in AZ. https://entp.hud.gov/idapp/html/hicost1.cfm This is welcomed news if you are looking...
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In the current home sale market, it might seem ludicrous to make an offer on a listing if it means competing with another buyer. However, multiple offers are on the rise in some markets( especially the Phoenix Metro Foreclosure Market). But, it doesn't...
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Lender Owned Properties (REO) Of the single family detached resale home sales reported through ARMLS (Arizona Regional Multiple Listing Service) for the month of January 2009, 68% of the listings were noted as "Lender Owned," up 21% from 47%...
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Many foreclosed homes are bought by investors who can pay cash, market watchers say. That means fewer homes are going to buyers who plan to live there and hang onto the house for a while. Owner-occupied homes ultimately help an area's recovery. The...
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70% of 2009 Phoenix Home Sales Are Lender/Bank Owned !! |
* Based on statistical data from Point2 Agent's 200,000+ Web sites worldwide for unique visits and new prospects.
70% of Year to Date Phoenix Metro Home Sales are Lender Owned!!! January 2009 
INTEREST RATE UPDATE Interest rates on the 30 year fixed continue to hover around the 4.5% to 5% mark. With the home prices (and foreclosures ) where they are now, it remains a great time to buy a home. The USDA 102% program remains strong and is still the only remaining 100% financing program available (excluding VA). Interest rates on this program are in the 5% as well.Call us 623-776-6966 7 days a week for Loan Pre Qualification or information. I will put you in contact with our Loan Specialist. 4-21-2009 |
The Latest Phoenix Metro Market Information
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Do you want to buy now , but don’t want to wait until next year for the $8,000 tax credit? There has been a special election to allow first time homebuyers purchasing after 12/31/2008 through 7/1/2009 to allow them to treat the purchase as though...
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Maricopa was raised to $346,250. Pima County was raised from $271,050 back up to $316,250. Feel free to follow the link to HUD's website for all other counties in AZ. https://entp.hud.gov/idapp/html/hicost1.cfm This is welcomed news if you are looking...
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In the current home sale market, it might seem ludicrous to make an offer on a listing if it means competing with another buyer. However, multiple offers are on the rise in some markets( especially the Phoenix Metro Foreclosure Market). But, it doesn't...
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Lender Owned Properties (REO) Of the single family detached resale home sales reported through ARMLS (Arizona Regional Multiple Listing Service) for the month of January 2009, 68% of the listings were noted as "Lender Owned," up 21% from 47%...
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Many foreclosed homes are bought by investors who can pay cash, market watchers say. That means fewer homes are going to buyers who plan to live there and hang onto the house for a while. Owner-occupied homes ultimately help an area's recovery. The...
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Information on the Phoenix Home and Real Estate Market...
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Bush administration officials on Friday said they had made a major change to existing U.S. Department of Housing and Urban Development regulations for mortgages endorsed by the Federal Housing Administration, lifting a key anti-flipping provision that...
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Affordability lures first-time buyers, investors The real-estate slump has an upside for first-time home buyers looking to spend $200,000 or less. As median-home prices continue dropping, the supply of homes for sale in the much-coveted low-end market...
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With the increase in foreclosures lately you may have heard the term “short sale” and wondered what it was. A short sale is when the lender will accept less than the full amount due on a mortgage when a property is sold. Usually, the lender...
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Click Here To Search Homes in the Phoenix Metro Area: www.AzRealtyPros.com The number of Valley homeowners losing their homes to foreclosure has shot up 566 percent so far this year, a result of the housing market's slowdown and rising interest rates...
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Theresa and Tom Love are in a spot. They've been separated six months, as he relocated to Washington for a job while she and their two children remain in El Mirage to sell their three-bedroom home. They are just a few of the everyday people caught...
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