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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
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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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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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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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FHA LOAN CHANGES In February, President Bush signed a bill that made a temporary increase to both conforming and FHA loan limits. The U.S. Department of Housing and Urban Development (HUD) recently released the new limits, which range from $271,050 to
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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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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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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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The Valley's growing foreclosure problem is hitting the upper and middle class the hardest. Metro Phoenix homes in neighborhoods where prices range from $400,000 to $450,000 now have the highest foreclosure rate. Almost 90 out of every 10,000 homes
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In November of 2007 there were 3,280 resale Phoenix Az metro homes that were sold. Which was down from 3,610 in October. And November 2006 wasn't a good comparison, but there were 5,040 resales then. Phoenix AZ Real Estate home prices continued to
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Click Here To Search For Phoenix Metro Area Homes: www.AzRealtyPros.com Nation’s Building News, Week of December 10 th - Bush Plan Aims at Helping to Stabilize Housing Market A plan announced last week by President Bush to limit foreclosures by
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