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March 2008 - Posts

HUD New Loan Amount Increase- Great for 1st time Home Buyers and less than 5% down buyers!!
HUD just announced today the new loan limits for Arizona. Maricopa County now has a max base loan amount of $346,250 which translates to a purchase price just under $357,000 for a 1 unit SFR. As you know, FHA still requires a 3% down payment. Nehemiah Read More...
Under-$200,000 Phoenix Real Estate market gives Phoenix home sales a push
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 Read More...