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Lenders in 2009 foreclosed on about 41,000 single-family detached homes in Maricopa County , according to a report from Arizona State University. That's more foreclosures than the Valley has seen during any previous year on record, accounting for...
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The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. The tax credit now applies to sales occurring on or after January 1, 2009...
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The FHA relaxed the property flip regulations. This waiver is effective for all sales contracts dated on or after February 1, 2010 and will end on January 31, 2011 . Certain property may be resold and financed using FHA insured financing without waiting...
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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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Ranked in the TOP 1% of Real Estate Web Sites* The Phoenix Market - Price Wise - has Bottomed Out!- See Chart Below 50%+ of All Phoenix Home Sales Are Bank Owned! |
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| See A Home You Like? Call (623) 776-6966 Now For More Information!
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* Based on statistical data from Point2 Agent's 200,000+ Web sites worldwide for unique visits and new prospects.
Phoenix Market bottom- in terms of price -appears to have occurred!! 
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The Latest Phoenix Metro Market Information
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Lenders in 2009 foreclosed on about 41,000 single-family detached homes in Maricopa County , according to a report from Arizona State University. That's more foreclosures than the Valley has seen during any previous year on record, accounting for...
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The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. The tax credit now applies to sales occurring on or after January 1, 2009...
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The FHA relaxed the property flip regulations. This waiver is effective for all sales contracts dated on or after February 1, 2010 and will end on January 31, 2011 . Certain property may be resold and financed using FHA insured financing without waiting...
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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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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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During the housing boom, investors flocked to metro Phoenix and climbed onto buses that took them to the Valley's fringes, where they checked out affordable new homes they could buy low and sell high. Now, the bus tours to those edge suburbs are starting...
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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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