HUD has approved funding for S1 region - 04/25/11 10:52 PM
For all those Realtors patiently waiting for HUD to establish new funding for the S1 region, ( Arizona, Nevada, Idaho ) I was sent an update today that funding is in.  BLB Resources should have things up and running by tomorrow, keep an eye out on the HUD Home Store site to see if any of your bids have been accepted.  Those escrows waiting to close with HOA funding issues should be working their way throug the system.  New inventory should be also working through the system soon. 
(3 comments)

4 Bedroom 3 bath Home in Acacia Crossing - 04/25/11 07:04 PM
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4 Bedroom 2.5 bath Home in Sundance - 04/25/11 06:38 PM
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4 Bedroom 2 bath Home in Riata West - 04/25/11 06:36 PM
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6 Bedroom 5 bath Home in Beautiful Arizona Estates - 04/21/11 06:36 PM
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Huge price reduction 3 Bed 2 bath Home in Tartesso - 04/20/11 03:41 PM
Another Great Deal in Buckeye Arizona Listed By Realty World Super Stars - Call us at 623-882-8882 to talk to one of our expert agents so we can help you find your next home or investment. My team at Realty World Superstars specializes in finding great deals in Buckeye, Avondale, Surprise,Tonopah, Glendale and Goodyear Arizona. Arizona. To search for your next Home or Real Estate Investment in Buckeye, Avondale, Surprise, Tonopah,Glendale or Goodyear Arizona use our Home Search http://www.arthurwelch.com/ For Short Sale and Foreclose answers in Arizona call me staff at 623-882-8882 or check outhttp://hosted.cdpe.com/NoHasselShortSale for Short Sale Answers. … (2 comments)

4 Bedroom 2.5 bath Home in Sundance for Lease - 04/19/11 05:15 PM
Another Great Deal in Buckeye Arizona Listed By Realty World Super Stars - Call us at 623-882-8882 to talk to one of our expert agents so we can help you find your next home or investment.
 
My team at Realty World Superstars specializes in finding great deals in Buckeye, Avondale, Surprise,Tonopah, Glendale and Goodyear Arizona. Arizona.  
To search for your next Home or Real Estate Investment in Buckeye, Avondale, Surprise, Tonopah,Glendale or Goodyear Arizona use our Home Search http://www.arthurwelch.com/
For Short Sale and Foreclose answers in Arizona call me staff at 623-882-8882 or check outhttp://hosted.cdpe.com/NoHasselShortSale for Short Sale Answers. 
(1 comments)

Litchfield Park Arizona's home inventory hits record lows - 04/19/11 12:54 AM
Here is another great report on home sales, can you tell I am excited.
If this continues I see a 15 to 25% price pop by next year!!!
This is for single family homes all prices.
                   Active homes                Homes under contract              homes sold last 30 days  Invetory
Surprise              880                               841                                      501                          1.7 Mths
Avondale             303                               437                                      201                          1.5 mths
Litchfield Park      122                                162                                       64                           2 mths
Goodyear            485                                480                                     234                           2.2 mths
Buckeye              488                                472                                    246                            2 mths
 
We are at the peak of selling season with hot weather it will slow in to the summer months, but I see no reason … (1 comments)

Buckeye's homes sales the best in 5 years!!! - 04/19/11 12:49 AM
Here is another great report on home sales, can you tell I am excited.
If this continues I see a 15 to 25% price pop by next year!!!
This is for single family homes all prices.
                   Active homes                Homes under contract              homes sold last 30 days  Invetory
Surprise              880                               841                                      501                          1.7 Mths
Avondale             303                               437                                      201                          1.5 mths
Litchfield Park      122                                162                                       64                           2 mths
Goodyear            485                                480                                     234                           2.2 mths
Buckeye              488                                472                                    246                            2 mths
 
We are at the peak of selling season with hot weather it will slow in to the summer months, but I see no reason … (3 comments)

Goodyear Arizona is having a really good year in home sales - 04/19/11 12:46 AM
Here is another great report on home sales, can you tell I am excited.
If this continues I see a 15 to 25% price pop by next year!!!
This is for single family homes all prices.
                   Active homes                Homes under contract              homes sold last 30 days  Invetory
Surprise              880                               841                                      501                          1.7 Mths
Avondale             303                               437                                      201                          1.5 mths
Litchfield Park      122                                162                                       64                           2 mths
Goodyear            485                                480                                     234                           2.2 mths
Buckeye              488                                472                                    246                            2 mths
 
We are at the peak of selling season with hot weather it will slow in to the summer months, but I see no reason … (0 comments)

Inventory is down in Avondale, Arizona - 04/19/11 12:43 AM
Here is another great report on home sales, can you tell I am excited.
If this continues I see a 15 to 25% price pop by next year!!!
This is for single family homes all prices.
                   Active homes                Homes under contract              homes sold last 30 days  Invetory
Surprise              880                               841                                      501                          1.7 Mths
Avondale             303                               437                                      201                          1.5 mths
Litchfield Park      122                                162                                       64                           2 mths
Goodyear            485                                480                                     234                           2.2 mths
Buckeye              488                                472                                    246                            2 mths
 
We are at the peak of selling season with hot weather it will slow in to the summer months, but I see no reason … (2 comments)

Are you READY for this Suprise Arizona homes are selling like hot cakes - 04/19/11 12:40 AM
Here is another great report on home sales, can you tell I am excited.
If this continues I see a 15 to 25% price pop by next year!!!
This is for single family homes all prices.
                   Active homes                Homes under contract              homes sold last 30 days  Invetory
Surprise              880                               841                                      501                          1.7 Mths
Avondale             303                               437                                      201                          1.5 mths
Litchfield Park      122                                162                                       64                           2 mths
Goodyear            485                                480                                     234                           2.2 mths
Buckeye              488                                472                                    246                            2 mths
 
We are at the peak of selling season with hot weather it will slow in to the summer months, but I see no reason … (2 comments)

3 Bedroom 2 bath Home in Palm Valley - 04/18/11 02:08 PM
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New Price 4 Bed 2.5 ba Home in Estrella Mtn. Ranch - 04/15/11 05:12 PM
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Where did all the REO's go - 04/15/11 12:26 AM
The market in Arizona has seen a huge shift in inventory.  The amount of REO's is at levels that have not been seen in many years.  As we have been on fire for sales, record numbers in March of 2011, it really appears as we are beginning to see a real improvement.  I do know that the FHA foreclosures will increase in our market but, as there have been so many hard working agents out there closing short sales and getting them under contract, this equates to less inventory for the Banks to foreclose on.  This is a very good thing.  … (5 comments)

HUD and HUD home sales!! - 04/11/11 09:11 PM
Thank you Angel for the call today to help me understand the issues with HUD and the HUD home sales.
A stop work order was issued and until HUD has established new funding for the HUD home vendors. Offers will not be reviewed,  some closings might be delayed but they are working on them, and the properties ready to list are on hold.
If you have a HUD home in escrow you need to make all parties to the transaction aware of this issue and contact your local service vendor with questions, the listing agent will be your first course followed by your … (4 comments)

3 Bedroom 3 bath home in Sanctuary at Avondale - 04/11/11 01:22 PM
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Freeloader's in America - 04/10/11 12:31 AM
I watched a great show today with Stossel on Freeloaders, how we are raising an army of freeloaders in this nation.  From the bum on the street to the CEO knocking on D.C.'s door.  It is a very good piece all should watch.
 
http://stossel.blogs.foxbusiness.com/2011/03/26/i%E2%80%99m-a-freeloader-fox-news-special-re-airs-today-at-3pm-sunday-at-9pm-midnight-est/
 
(8 comments)

1st Quarter Sales for Arizona - 04/09/11 09:50 AM
Property Type Year to Date Activity ReportFor 01/01/2011 To 4/9/2011
 
The most interesting number is Maricopa, 99.7% of list with 32011 listed and 11142 pending, 22358 sold.
These numbers indicate a brisk market, average sale price of 163.6K and the average time on market just over 3 months.
I think this translates to Homes are priced well, I hope this trend continues.
As this info is from the ARMLS it does not reflect all sales in areas outside of Maricopa County as those areas outside the county also have their own MLS services.
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Do you know about the new Mortgage Rules and how it will affect out business? - 04/07/11 01:47 AM
I have had several conversations with Loan Originators in the past week.  The new rules scheduled to go into effect is going to be very damaging to our industry if they are allowed to stand.
We need to make the call on this one.  This is truly the big banks trying to get rid of the competition.  It is so easy to see, that if the big banks can control the costs the small shops will die off.  I really feel for the Mortgage Brokers out there.  Please continue to pass the word.
 
http://mnrealestatedaily.com/2011/04/06/fed-rule-on-compensation-the-insanity-explained/
All should watch the video, their … (3 comments)

5 Bedroom 3 bath HUD Home in Riata West - 04/06/11 06:56 PM
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New Price 3 Bedroom 2 bath HUD Home in Sundance - 04/06/11 04:48 PM
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3 Bedroom 2 bath Home in Wigwam Creek North - 04/05/11 07:02 PM
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4 Bedroom 2.5 bath Home in Sonorah Vista Unit 2 - 04/05/11 06:29 PM
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4 Bedroom 2 bath HUD Home in Riata - 04/05/11 05:51 PM
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4 Bedroom 2 bath HUD Home in Sundance - 04/04/11 06:36 PM
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3 Bedroom 2 bath HUD Home in Sundance - 04/04/11 06:34 PM
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3 Bedroom 2 bath HUD Home in Phoenix Valley West 1 - 04/04/11 04:51 PM
Another Great Deal in Buckeye Arizona Listed By Realty World Super Stars - Call us at 623-882-8882 to talk to one of our expert agents so we can help you find your next home or investment. My team at Realty World Superstars specializes in finding great deals in Buckeye, Avondale, Surprise,Tonopah, Glendale and Goodyear Arizona. Arizona. To search for your next Home or Real Estate Investment in Buckeye, Avondale, Surprise, Tonopah,Glendale or Goodyear Arizona use our Home Search http://www.arthurwelch.com/ For Short Sale and Foreclose answers in Arizona call me staff at 623-882-8882 or check outhttp://hosted.cdpe.com/NoHasselShortSale for Short Sale Answers. … (1 comments)

Are Housing prices truly going down? Not in Arizona - 04/04/11 03:59 PM
So all the numbers say prices are going down. Wrong!  The numbers are the average sales price it's going down.  The smaller less expensive homes are selling.  All in all prices have gone up.  The price per square foot has gone up but the charts only show home prices not price per square foot.  The lower end of the market has seen a 20 to 25% price increase in the last 5 months.  As so many smaller homes at lower prices are selling and the larger higher priced homes are selling in fewer numbers.  The larger homes are not sitting on … (2 comments)

5 Bedroom 3 bath HUD Home in Rancho El Mirage - 04/01/11 02:45 PM
Another Great Deal in Buckeye Arizona Listed By Realty World Super Stars - Call us at 623-882-8882 to talk to one of our expert agents so we can help you find your next home or investment.
 
My team at Realty World Superstars specializes in finding great deals in Buckeye, Avondale, Surprise,Tonopah, Glendale and Goodyear Arizona. Arizona.  
To search for your next Home or Real Estate Investment in Buckeye, Avondale, Surprise, Tonopah,Glendale or Goodyear Arizona use our Home Search http://www.arthurwelch.com/
For Short Sale and Foreclose answers in Arizona call me staff at 623-882-8882 or check outhttp://hosted.cdpe.com/NoHasselShortSale for Short Sale Answers. 
(1 comments)

 
Art Welch (Realty World Superstars) Rainmaker_large

Art Welch

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