market condtions: Foreclosure-Prevention Scammers: How To Not Become A Victim - 09/21/09 03:56 PM
The most common foreclosure-prevention scams works like this: The despaired home owner gets a letter that says something like, "We know you're having a hard time. We have a pipeline to your lender and can help you save your home. Call this toll-free number now."The poor home owners call the number … (2 comments)
market condtions: 7 Valuable Tips For First-Time Home Buyers - 09/21/09 02:58 PM
The housing market has taken a drastic turn since the foreclosure crisis in 2008. Here are seven pieces of wisdom from economists and financial planners for anyone considering a home purchase today:
The smartest way to purchase a home is to put 20 percent down on a fixed-rate, 30-year (or less) mortgage.
Do … (0 comments)
market condtions: Stonebridge Lakes Manor Home In Gilbert For Sale - 07/20/09 02:11 PM
This Adorable Home Is Highly Upgraded. Home Features Travertine Floors, Wood Floors In Den, Decor Paint. Kitchen Features Updated Appliances and Tile Counters. This Home Is A Great Starter Home And A Must See! Don't Let This Home Pass You By!
Call Gina McKinley, ABR, CRS, CDPE, Associate Broker at 480-355-8645 … (0 comments)
market condtions: New Refinance Guidelines - 07/07/09 02:56 PM
The federal government's new eligibility requirements for its home-loan refinancing program should allow more Arizonans to reduce their monthly mortgage payments.
However, the program still doesn't solve the biggest problem for so many borrowers: owing much more than their homes are worth.
This week, the U.S. Department of Housing and Urban … (0 comments)
market condtions: Foreclosures Ahead - 07/07/09 01:53 PM
Economic observers are forecasting another surge of foreclosures later this summer or in the fall. Those lenders that held off on foreclosures as part of President Obama's plan will now proceed vigorously to clear the backlog of troubled mortgages, causing the large amount of foreclosures.
Home values will depreciate with the … (0 comments)
market condtions: 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 … (1 comments)
market condtions: 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 … (0 comments)
market condtions: 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 - … (1 comments)
market condtions: 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 … (0 comments)
market condtions: 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 … (0 comments)
market condtions: Perfect Time To Steal A Deal On Vacation Property - 05/05/09 02:31 PM
Although the market is at a record lows, right now is a fantastic time to purchase a second home in a vacation paradise at a great price, if you can afford it.
Since there are a significantly small amount of people that have the ability to spend money on this kind of … (0 comments)
market condtions: U.S. Has Offered Incentives To Modify Second Mortgages - 05/05/09 02:20 PM
The Obama administration announced on Tuesday, April 28 that they are offering incentives for mortgage servicers to modify second mortgages, including home equity loans.
The way the incentive works is like this: When the first mortgage has been modified, the second mortgage servicers must agree to modify their mortgage. The term of … (0 comments)
market condtions: Rancho Bella Vista Home in Queen Creek, AZ For Sale - 04/27/09 03:23 PM
You Must See This Fantastic Resort Style Yard! Back Yard Features Putting Green! This Home Features 3 Bedrooms Plus A Den! Beautiful Decor Paint! Neutral Colored Tile & Carpet Throughout! Wrought Iron Bars On Stairs! Kitchen Features Granite Countertops & Large Island Perfect For Entertaining! Vaulted Ceilings & North/South Exposure Make … (1 comments)
market condtions: Abralee Meadows Home in Chandler, AZ For Sale - 04/21/09 06:08 PM
This Great Home Features A Large Basement! Spacious Kitchen Features Beautiful Granite Couters, Maple Cabinets, Gas Range/Oven, Dishwasher & An Island. Formal Dining Area. Back Yard Features A Fabulous Fenced Shasta Pebble-Tec Play Pool With In-Floor Cleaning! Carpet & Tile Throughout. 9+ Flat Ceilings. Energy Features Include Ceiling Fans & Multi-Pane … (0 comments)
market condtions: The $8,000 Tax Credit - 04/10/09 06:27 PM
I'm sure you have heard about the $8,000 tax credit for those first time homebuyers. Are you eligible? How do you claim it? Here are a few tips to see if this tax credit is for you.
According to the National Association of Home Builders, you must have purchased a home … (0 comments)
market condtions: Fed Plans Spark Drop In 30 Year Rates - 04/03/09 06:40 PM
Freddie Mac has reported that the average interest on a 30-year mortgage fell from 4.98 percent to 4.85 percent in less than a week. This drop in interest rates resulted in a 38-year low. This decrease has made housing incredibly affordable. The average price of a home is $172,000, making the mortgage payment … (0 comments)
market condtions: Survey Says "Now Is A Good Time To Buy" - 03/30/09 05:15 PM
Despite the current concern of the economy, 78% of potential first-time home buyers say that now is a great time to buy a home.In early March, Century 21 hosted a survey for potential first-time home buyers. Of the 1,000 prospective U.S. first-time home buyers surveyed, 68% think now is a better time to buy rather than … (1 comments)
market condtions: Parkwood Ranch Home In Mesa, AZ For Sale - 03/27/09 06:20 PM
Fabulous Views & Move-In Perfect! Gourmet Kitchen Features Island & Desk. Tile In Kitchen & Baths. Other Features Include Wood Blinds, Decor paint, Water Softener, Double Door Entry To Master, Separate Master Exit To Balcony With A Fabulous View Of Red Mountain. Lovely Oversized Yard With A Fenced Play Pool … (0 comments)
market condtions: Islands Home In Gilbert, AZ For Sale - 03/25/09 12:51 PM
Beautifully Upgraded & Updated in 2006! This Full Basement Home Was Completely Remodeled & Is Gorgeous. Features Include Granite In Kitchen & Baths, Hickory Cabinets, Tile Floors, Wood Blinds, Neutral Carpet, Real Wood Burning Fireplace In Family Room Plus Pool & Spa. Islands Community Features Lake & Clubhouse Amenities.
Call … (0 comments)
market condtions: January's Residential Highlights - 02/04/09 07:56 PM
The number of homes that sold in Maricopa County in January 2009 was nearly 58% higher than in January of 2008 AND was nearly identical to the number of sales in January 2007!! January saw a 13% increase in the number of properties going under contract over December and compared to January of … (0 comments)
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 most common foreclosure-prevention scams works like this: The despaired home owner gets a letter that says something like, "We know you're having a hard time. We have a pipeline to your lender and can help you save your home. Call this toll-free number now."The poor home owners call the number … (2 comments)
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