2007 Mortgage Forgiveness Debt Relief Act- A Closing Window Of Opportunity in 2012 - 12/26/11 02:12 PM
2007 Mortgage Forgiveness Debt Relief Act- A Closing Window Of Opportunity in 2012
As someone who specializes in Phoenix short sales, I wanted to take a moment to discuss what I feel will be the "800-pound gorilla" for distressed homeowners in 2012...The expiration of the 2007 Mortgage Forgiveness Debt Relief Act on December 31, 2012.
First, I need to disclose to you that I am not a CPA, and I highly recommend that anyone looking for in-depth information on this topic visit with a CPA and/or a qualified tax attorney.  My intent here is to simply summarize the details of this … (8 comments)

Our "Competitor" (fellow AR member) Dustin Holindrake Is A Great Guy! - 12/24/11 02:37 AM
Often-times, agents write blog posts that point out the problems with other agents they deal with in their transactions.  Trust me, I've written my fair-share of these posts.  Once in a blue moon, we actually write about a positive experience we've had with one our so-called "competitors".  Today, I'd like to share a very positive experience we recently had with one of our "competitors".  Before you stop reading, this post actually has a very happy ending...
One of my buyer's agents, Gary Bielek, presented me with a problem the other day.  He had been working on a short sale deal that … (10 comments)

Arcadia Homes Monthly Real Estate Report-November 2011 - 12/10/11 03:59 PM
Arcadia is a very unique neighborhood, located in the 85018 Zip Code in Phoenix, AZ. Because much of Arcadia is located in what many consider to be the best school district in Arizona (Scottsdale Unified School District), and offers such amazing dining/shopping opportunities and lush green neighborhoods, this area has become extremely popular for people looking for their next home. Add to that its proximity to Old Town Scottsdale, and you get the perfect combination when looking for your next home. The 85018 Zip Code is commonly referred to as Arcadia, and for the purposes of this report, I have included … (2 comments)

Desert Ridge Homes Monthly Real Estate Report-November 2011 - 12/10/11 03:26 PM
 
Desert Ridge Phoenix is a vibrant 5,700 acre community, located within the Desert Ridge Master-Plan. It boasts incredible desert views,the excelling Paradise Valley School District, an amazing 15,000 square foot community center, and wonderful shopping/dining opportunities at the nearby Desert Ridge Marketplace.
Subscribe to the Desert Ridge Homes Monthly Real Estate Report to get this report delivered to your inbox on a monthly basis. The report is meant to keep you up-to-date on the latest real estate trends in the community.

Before I begin to explain the findings in the above chart, allow me to take a moment to … (2 comments)

Kierland Homes Monthly Real Estate Report-November 2011 - 12/10/11 03:23 PM
Kierland is an amazing area, located in the "magical" 85254 Zip Code of Scottsdale, AZ. Because 85254 is home to what many consider to be the best school districts in Arizona (Scottsdale Unified School District & Paradise Valley Unified School District), and offers some of the best dining/shopping opportunities at the nearby Kierland Commons, this area has become extremely popular for people looking for their next home. Add to that it's proximity to the Loop 101 and 51 freeways, and you get the perfect combination when looking for your next home. The 85254 Zip Code is commonly referred to as Kierland, … (2 comments)

McCormick Ranch Homes Monthly Real Estate Report - November 2011 - 12/10/11 03:16 PM
McCormick Ranch Homes Monthly Real Estate Report - November 2011
McCormick Ranch is what I like to call "Classic Scottsdale", located in the 85258 Zip Code. Because 85258 is home to what many consider to be the best school district in Arizona (Scottsdale Unified School District), and offers such amazing dining/shopping opportunities and miles of walking/biking trails along it's many greenbelts within the community, this area has become extremely popular for people looking for their next home. Add to that it is proximity to the Loop 101 Freeway, and you get the perfect combination when looking for your next home. The … (3 comments)

Phoenix Real Estate Trends Monthly Report-November 2011-Buyer's or Seller's Market? - 12/09/11 09:20 PM
When looking at total sales, November sales of 7,146 continued the downward trend from the high of 11,125 in June.  Overall, November represented a 1.7% drop below October sales.  That being said, there were several promising signs in November, as you will see from this report.
ARMLS recently released the numbers for November/2011 in their monthly STAT Report, and the results are mixed.  Here is a breakdown of what happened in November in the Metro Phoenix Real Estate Market:
Sales (Month over Month)- Sales were down 1.7% (compared to October/2011), with a total of 7,146 closed listings.   This represents 5 straight months … (3 comments)

Beautiful Islands Home For Sale! - 12/07/11 12:09 PM
Beautiful home in the gorgeous Islands community … (3 comments)

 
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Bob Hertzog Designated Broker

Phoenix, AZ

More about me…

Summit Home Consultants

Address: 7702 E Doubletree Ranch Rd., Suite 300, Scottsdale, AZ, 85258

Office Phone: (602) 957-1583

Cell Phone: (602) 909-5994

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