buyers: Are there Short Sales in Fountain Hills, AZ? - 07/02/10 01:22 PM
The Short Sale opportunity is here to stay for the foreseeable future. As qualified sellers and banks are jumping on board to sell these homes before they go into foreclosure, the 'system' for this type of sale is being perfected. Overall these can be complicated sales, but for those buyers willing to take the plunge, you can purchase a wonderful property at a great price! And, for qualified sellers, the Short Sale is typically a better option than the foreclosure for eventually purchasing in the future. There is are benefits for lenders as well. The Short Sale is a much less … (0 comments)
buyers: So what is Renovation Lending? - 06/23/10 07:18 PM
Renovation Lending is a option for purchasing a property sold 'as is'. This type of loan will include the purchase price and repair money. Wow, the buyer can purchase the house and have the cash to pay for professional contractors to fix it up after closing! No need for ‘out of pocket money’ or a second loan to make the repairs to the property. The borrower can get just one mortgage loan, at a long-term fixed (or adjustable) rate, to finance both the acquisition and the rehabilitation of the property. In today's market place with so many vacant lender owned properties … (1 comments)
buyers: Renting vs. Owning the "American Dream" - 04/15/10 03:19 PM
Purchasing a home is one of the most expensive investments most of us will ever make during our lifetime. Buying or renting a home each have advantages and disadvantages. If you opt to purchase, you have a tax write off and appreciation over time. If you decide to lease a property, you are not financially responsible for improvements and have the freedom to move on when the lease expires. Most calculations prove the owning is more cost effective than renting. That does not mean everyone should purchase. The major reasons for not buying include not having a good enough credit score … (2 comments)
buyers: New Listing in Villages North - Scottsdale, AZ - 03/18/10 07:04 PM
Don't miss this desirable Villages North upscale gated Scottsdale community. This spacious second floor unit is 2 bedrooms plus a den. Large great room with a dining area. Open and bright former model. Neutral colors, corian counters and ceramic tile in all the right places. All appliances included. Large and small covered balconies- both facing lush greenbelt and pool. This gated community amenities include heated pool & spa and lighted tennis. Two pets, limited to 15 lbs. Convenient to shopping, restaurants, golf and freeway.
Large covered Balcony view - exits from master bedroom or living room to balcony
Corian counters, tile flooring, all … (0 comments)
buyers: Great Real Estate Info Resource - 01/15/10 06:01 PM
The National Association of Realtors(NAR) continues to monitor the historical trends and current status of the real estate market across the country. While some of these numbers may be broad they also provide general local statistics for several major cities. Every state, city, community and subdivision is unique. However, a general report is a place to begin if you are thinking of relocating or if you simply want to have a better understanding of your area. The media information often lags the true market status by a few months while they wait for the data to be dissected. The latest reports … (0 comments)
buyers: Today's Real Estate Buyers Want to Stay Within Budget - 01/11/10 07:12 PM
Welcome to 2010! Buyers in today's real estate market are reluctant to push the limits of their budgets. Unlike the buyer in the hot 2005 real estate market which instilled major fear that "if you do not buy today, you will be priced out of the market tomorrow", today's real estate buyer is more cautious and wary. There are multiple factors that have caused this prudence. The general economy, the falling real estate values (why buy today when it may be worth less tomorrow?) , fear instilled by observing buyers who are now 'upside/down' on their homes and recession / job … (1 comments)
buyers: Buyin Real Estate --- So, 1 + 1 Still Equals 2, Right?? - 12/11/09 03:36 PM
Now is the time to buy a propriety! Whether you are a fist time home buyer or investor, the real estate market has not been so inviting for quite a while! For EVERYONE, the interest rates are LOW The 30-year fixed rate mortgage rate averaged 4.81% for the week ending December 10, 2009. Last week, it averaged 4.71% and last year at this time it averaged 5.4%. (might I add that , when we purchased our first home in the late 70's, the interest rate was a healthy 10%!) The local Multiple Service Inventory is at record levels with many short … (0 comments)
buyers: Need a Phoenix metro area MLS Search? - 08/05/09 04:32 PM
Our Arizona Real Estate search options: Looking for an Arizona real estate search vehicle? Search the MLS directly from our web page AZ-real-estate-sales.com - your comprehensive resource for buying or selling real estate in the greater Phoenix metro area. If you know the area and/or the specifics of what you are searching for, you can search by the traditional price range, # bedrooms, dwelling type etc. You also search by location / city. If you know more specific information, you can search by individual subdivision, MLS number or address by entering it to find the listing detail. If you do not live in the greater Phoenix metro … (0 comments)
buyers: Sellers are NOT becoming Buyers! - 08/05/09 03:00 PM
What is happening in the real estate market? Many of the properties being sold in the greater Phoenix metro area are vacant. Approximately 17,000 homes currently listed for sale on the local Multiple Listing System (MLS) are vacant. This is more than half or about 55% of the total properties listed in the MLS. Interestingly enough the vacant homes are selling quickly as approximately 82% of the closed sales have been vacant. This means that the “seller” is probably not buying. In many cases the “seller” is the bank who is trying to clear property off their books. Banks do not … (2 comments)
buyers: An Oasis in the Desert - 08/05/09 02:46 PM
The community of Arroyo Grande at Anthem Parkside is located in the foothills of northwest Phoenix metro area. This community is the last phase of Del Webb’s national, award-winning master-planned community of Anthem. This Pulte/Del Webb new build community which offers breathtaking views in a family oriented neighborhood is just minutes from beautiful Lake Pleasant and all of the activities of nearby Phoenix. A true retreat from the hustle and bustle of the large metro area. The homes are well constructed on large lots, many with view fencing. Homeowners in this community have access to all of the activities and amenities … (0 comments)
buyers: Cromford Real Estate Stats now available for Phoenix metro area - 05/22/09 03:47 PM
The Arizona Regional Multiple Listing System (ARMLS) has made the Cromford Report available to subscribing Realtors. This report provides detailed information to track the history and current status of the greater Phoenix residential resale market and offers unique insight into its future direction. It is an excellent tool for Realtors to provide up to date sales statistics and current market snapshots. The greater Phoenix metro area statistics are favorable as sales are increasing and the market inventory steadily decreases. The local real estate market is most active in the $250,000 & less price range as investors and first time home buyers … (1 comments)
buyers: Have we hit the'bottom' real estate market in Phoenix? - 05/12/09 02:16 PM
The Bottom? I suppose your guess is as good as mine. The only way to know if you have ‘hit’ the bottom in the real estate market is when it begins to rise again. There definitley has been a boost in sales as many of the foreclosures and short sale properties are selling. Even new homes sales are increasing slightly. The interest rates remain historically low, the inventory is shrinking and first time home buyers cashing in on the opportunity to own by taking advantage of the first time home buyer $8,000 tax credit. This sounds good and we are definitely … (0 comments)
buyers: Phoenix metro area real estate snapshot Feb 27, 2009 - 02/27/09 03:52 PM
The greater Phoenix metro area encompasses several cities that are right next door to each other and extend over 80 miles from east to west and 40 miles from north to south . The area is in Maricopa County which is the fourth largest county in terms of population size and the 14th largest in the continental United States, covering over 9,220 square miles. The metro area has grown rapidly over the past several years offering a wide variety of affordable housing and desirable climate. In this ever changing market, where are we today? The current real estate market inventory is 50,052 properties … (0 comments)
buyers: The Future is now - Help for First-Time Homeowners - 02/22/09 11:17 AM
The just signed and sealed…a $787 Billion Stimulus Plan made up of tax cuts and spending programs aims at reviving the US economy! A first-time home buyer is one who has never owned a home or a person who has not owned a home in the three years prior to the qualifying purchase. The new advantage for first-time home buyers who purchase homes from the start of the year until the end of November 2009 it that they may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit! A tax credit is … (0 comments)
buyers: Water in the Desert - 02/08/09 05:52 PM
The desert is no place to be without water......... So when the forecast calls for rain, we Phoenicians are ready to enjoy a cloudy rainy day. With a high of 61 degrees seems cold to the ‘desert rats' who live here year round so we don our warmest coats and brave the weather. The average rainfall for the Phoenix / Scottsdale metro area is only 8.3 inches per year. Our local newscasters are always excited to be able to report rain as a deviation from our typical ‘bright and sunny' forecast. The cloudy skies develop into sections of cotton white clouds … (0 comments)
buyers: Scottsdale Lease Property - 01/29/09 03:50 PM
Lower level 2 bedroom / 2 bath condo in north central Scottsdale now available for lease!
2 covered patios Ceramic tile Open floorplam neutral colors community pools, spas, tennis and walking paths convenient to shopping, golf, restaurants, medical facilities and 101freeway 6 month or 1 year lease required
Resort style living Contact Gary and Claudia Scott, REALTOR®, GRI Reach us toll free at 866-464-2140 or e-mail at Garyandclaudia@cox.net Be sure to check out Gary and Claudia'sBlog: http://claudiascott.activerain.com Website www.AZ-real-estate-sales.com
… (0 comments)
buyers: "shopping" for a home? - 01/24/09 04:05 PM
According to the 2008 National Association of Realtors Profile of Home Buyers and Sellers, 87 percent of home buyers used the Internet to search for homes in the past year. That's up steadily from 84 percent in 2007, 80 percent in 2006.
There are some many pitfalls and oversights in the Internet searching that can make purchasing real estate a nightmare! The Internet is a great resource for shopping, but when it comes time to view homes and negotiate contracts, it is important to have a professional Realtor familiar with the local market working with you. The Internet provides a … (2 comments)
buyers: What about the mortgage meltdown?? - 01/13/09 04:13 PM
The reality of the mortgage ‘meltdown’ has affected almost everyone. Even if you didn’t refinance or obtain a new mortgage during the 2004-2005 mortgage frenzy, the resulting foreclosures for those who did get into risky mortgages is indirectly causing the value of your home to be reduced in many areas. Realtor Karen Highland from Frederick, MD recently wrote an very enlightening and interesting article about the Realtor’s perspective of the meltdown The Mortgage Meltdown: A Realtor's Perspective. Karen pointed out that the main culprit was the subprime mortgage in addition to the political climate. She also Identified the accomplices that include The Real … (0 comments)
buyers: So, what happened to Phoenix Real Estate in 2008? - 01/07/09 12:12 PM
Gary and I attended our John Hall & Associates 2009 Kickoff meeting here in Phoenix today. Our broker Jim Sexton presented some interesting 2008 Real Estate Statistics. Don’t believe all the doom and gloom printed by the media. The greater Phoenix metro area has, like all real estate markets across the country, has had a larger than normal inventory, foreclosures & short sale properties and a reduction in equity but it is location, location, location. Phoenix remains a desired destination and has a bright future. The MLS stats are showing a slow by steady increase in the number of properties sold. After a dismal … (1 comments)
buyers: There must be a silver lining. . . - 12/11/08 02:25 PM
The news media continues to print negative reports about the current real estate situation. There has to be a ‘silver lining' somewhere. Yes, the inventory is higher than normal, there are many foreclosures and short sales affecting the value of homes in just about all communities and the overall economy is weak. But, there are some positives as well. The interest rates remain extremely low with a potential to be reduced to 4.5%, there are some excellent opportunities for first time home buyers with FHA loans, many potential home buyers can now actually qualify and afford to purchase a property and there is … (1 comments)
Selling Scottsdale Real Estate Blog is a comprehensive resource for both Buyers and Sellers to get to know more about Scottsdale Arizona as well as other parts of the Phoenix metro area Real Estate market.
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
The Short Sale opportunity is here to stay for the foreseeable future. As qualified sellers and banks are jumping on board to sell these homes before they go into foreclosure, the 'system' for this type of sale is being perfected. Overall these can be complicated sales, but for those buyers willing to take the plunge, you can purchase a wonderful property at a great price! And, for qualified sellers, the Short Sale is typically a better option than the foreclosure for eventually purchasing in the future. There is are benefits for lenders as well. The Short Sale is a much less … (0 comments)
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