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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 will accept the short sale to avoid the time and expense of a foreclosure.
When a borrower is ...
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High Density Housing in Metro PhoenixArticles from the Experts… As part of our expanded coverage of high-density housing, including lofts, condos, and condo conversions, we are providing these links to articles that deal with this area of the Phoenix area real estate market. Please let us know if any of these articles are ...
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Click Here To Search For Phoenix Metro Area Homes: www.AzRealtyPros.com With so many homes out there, buyers now have more time to ponder available homes. The average number of days on the market in February of this year was 96 days, according to the Arizona Multiple Listing Service. That's up from 54 days in February last ...
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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 go down. The median price of an existing metro Phoenix AZ ...
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Click Here To Search For Phoenix Metro Area Homes: www.AzRealtyPros.com Nation’s Building News, Week of December 10th - Bush Plan Aims at Helping to Stabilize Housing Market
A plan announced last week by President Bush to limit foreclosures by working with key mortgage lenders and investment firms to freeze interest rates for five ...
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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 on a variety of risky mortgages. Foreclosures just as hard on neighbors as ...
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