The federal tax credit helped new home sales across metropolitan Phoenix increase enough in April to beat last year's pace. There were 823 new home sales in metro Phoenix last month, reports the Phoenix Housing Market Letter. That compares to 789...

Many new homebuyers make the mistake of rushing out to buy things to fill their home with as soon as the seller accepts their purchase offer and the lender pre-approves their loan. But there are still a few major hurdles to overcome before the keys are...

The president of a scrapbook die-cutting company in Phoenix, two doctors, the founder of an information-technology company in Boise, Idaho, and the family of the former Schlitz Brewing Co. are among the buyers and sellers in this week's priciest home...

Here are the latest Maricopa County statistics through April 2010. Properties that are in Notice of Default have dropped to 51,000 units. This would be the "Shadow Inventory" that we have heard everyone talking about. Notices of Default were...

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...

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...

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...

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...

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...

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...