When Should Homeowners Walk Away? - 06/24/09 01:13 PM
In a complicated market like todays, it is hard to know whether you should keep your home or walk away from it. Many homeowners have watched their property values drop over 25 percent, sometimes more. Some say the market hasn't even hit the bottom yet.
Some homeowners are beginning to wonder if staying in their home is even worth it anymore. Some wonder, "If I owe more on the mortgage than the house is worth, why throw good money after bad?" When homeowners are thinking of walking away, they need to remind themselves of why they purchased the home, when they … (1 comments)

Senita Home In Maricopa, AZ For Sale - 06/23/09 01:12 PM
Wonderful Starter Home In The Ever Growing Town Of Maricopa! This Split Floor Plan Home Features 4 Large Bedrooms, 2.5 Bathrooms and Vaulted Ceilings. Eat-In Kitchen Features Beautiful Natural Maple Cabinets, Large Island, Pantry, Refrigerator, Microwave, Dishwasher and Oven. Master Bathroom Features Separate Shower & Tub, Double Sinks, and Walkin Closet. Excellent Back Yard Features Covered Patio. Sellers Loss Is Your Gain!
Call Gina McKinley, ABR, CRS, CDPE, Associate Broker at 480-355-8645 in order to schedule an appointment to view this home.
For more pictures and a property brochure, please visit our web page at http://www.LocateArizonaHomes.com/43601BlazenTrail.
… (0 comments)

Parkwood Ranch Home In Mesa, AZ For Sale - 06/15/09 06:10 PM
Wonderful Starter Home! Features Split Floor Plan, Large Rooms, Decor Paint, Upgraded Lighting, Beautiful Eat-In Kitchen Features Granite Counters, Mahogany Stained Cabinets, Tile Floors, Huge Master Tub & Master Bay Window. Excellent Corner Lot Features Large Private Lot With North/South Exposure & Within Walking Distance To Parks. Sellers Loss Is Your Gain!
Call Gina McKinley, ABR, CRS, CDPE, Associate Broker at 480-355-8645 in order to schedule an appointment to view this home.
For more pictures and a property brochure, please visit our web page at http://www.LocateArizonaHomes.com/10358Dolphin.
… (0 comments)

Foreclosure Crisis Now Spreading To Prime Mortgages - 06/09/09 06:15 PM
The prime borrowers are rapidly going into foreclosure, especially in those states of mass unemployment or decreasing property values, all which saw a huge run-up during the housing boom.
It's a marked shift from earlier this year, when foreclosures were driven by defaults on subprime loans. It has major implications - ravaging the credit scores of those borrowers who once had impeccable records and dragging down property values in the more wealthy neighborhoods.
It also threatens to weaken the housing recovery.
"It's definitely a concern," says Brian Bethune at IHS Global Insight. "(Unemployment) is a major driver of foreclosures, and it will frustrate … (1 comments)

Housing Rebound Is On The Rise - 06/09/09 05:58 PM
Sales are the uproar for the economic housing situation this week.   
Residential sales and pending sales are adequately increasing and a rebounding real estate market could soon start stimulating the economy.
Even Federal Reserve Chairman Ben Bernanke told Congress last week that essentially the worst is over, the housing market is stabilizing, and we're heading out of recession in the second half of the year.
Pending home sales heightened by 6.7 percent in April. April made the third consecutive month of significant increases. April was the highest pending sale total for any month in the last seven years.
In the Northeast region, pending sales rocketed upwards during April by an astounding … (0 comments)

Median Home Prices Up In May - 06/08/09 03:08 PM
Phoenix-area median priced homes sold increased slightly in May from the previous month despite an increase also in home foreclosures, according to the latest data from the Information Market and Cromford Report, local analysis firms.
In May, the number of homes sold increased to over 8,600. In April, the homes sold were just under 8,160. The median sales price for both new and resale homes was $130,000, which is an increase of about 3 percent. This information is based on data from the Maricopa County Recorder's Office.
In May, the median new-home sale prices rose to $216,000 from $205,000 in April. … (0 comments)

 
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Gina McKinley, ABR, CIAS, CDPE, CRS, SFR ~ Chandler, Gilbert, Mesa, & Scottsdale

Chandler, AZ

More about me…

RE/MAX Masters

Address: 2390 W. Ray Rd, Suite 3, Chandler, AZ, 85224

Office Phone: (480) 821-5700

Cell Phone: (480) 600-1129

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