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phoenix az: Jump Start the New Year! - 01/05/12 08:15 PM
The Valley has plenty of exciting things planned for our economy in 2012. We’ve finally started to see a turnaround in the housing market, as well as developers and prospective employers returning to the Valley.
In Goodyear, both the Cancer Treatment Centers of America and West Valley Hospital have submitted plans for expansion. As well, construction of a new Dick’s Sporting Goods distribution center will be nearing completion. Dick’s Sporting Goods intends to start hiring new employees in late summer or early fall, and the distribution center will supply Dick’s stores in the West. The city is also noticing decreasing retail … (1 comments)
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phoenix az: Short Sales – The Great Investor Opportunity - 04/09/11 03:00 PM
Short Sales in Arizona have a come a long way in processing times and successfully closing.Short Sale processing times are now averaging about 45 days for the Big 3 lenders, Bank of America, Chase, & Wells Fargo.
The Phoenix Arizona market has changed drastically over the first quarter of 2011 and we are now down to a 3.8 month supply of inventory indicating great demand and stiff competition for homes. There is a great opportunity for investors to purchase short sale homes at higher discounts than REO (Bank-Owned) homes. The opportunity with a Short Sale listing is that an investor would not encounter the multiple offers involved and current … (1 comments)
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phoenix az: Mortgage ABC's - 05/08/10 04:52 PM
Buying an Arizona home is a very big financial decision and being prepared is of the utmost importance. Before looking for a new home a potential buyer should pre-qualify for a loan as well as examine his finances to be certain exactly what he can afford. Then finding the ideal house for the ideal price is the next step before acquiring a mortgage. However before signing those papers, there are a few different types of mortgages to understand the differences between them when choosing the one that best suits your needs.
ARM An ARM is an adjustable rate mortgage, ideal for those who are only … (0 comments)
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phoenix az: When It’s Right to Buy a Bigger, Better Phoenix AZ Home - 04/28/10 10:30 PM
It is not uncommon for homeowners to outgrow a home, but knowing when it makes sense to trade up to a bigger Phoenix AZ home is important when making such a move. Of course the biggest questions involve finances.
Does your current home have enough equity built up in it to make sense? If you can sell your current home for a nice profit and have extra money to put down on your new home it will make your entire transition and easier one.
Can you afford the mortgage on your new home? If you can take the equity from … (0 comments)
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phoenix az: Perfect Time to be a AZ Real Estate Buyer - 02/05/10 06:06 PM
It is a buyer's market when it comes to AZ real estate. The seller's market came and went, and now it is the perfect buyer's market conditions. Low interest rates, home values and inventory all point to buy, buy, buy. The only thing standing in the way is money, but if people can get funding, and they are in the right place at the right time, buying real estate is a great idea.
If the AZ real estate market were a car, the first time home buyer would be in the driver's seat. Not only to first time Arizona home buyers get … (0 comments)
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phoenix az: Selling Your Phoenix AZ Home? Choose the Right Realtor. - 01/31/10 03:59 PM
When preparing to sell your home it is important to find a real estate professional like Gina McKinley in Phoenix AZ. A warm handshake and a friendly smile is all well and good, but if you want to sell your home pick a broker that is experienced and knowledgeable, you want someone that will do the best job for you.
When selecting your Arizona real estate agent here are a few things to keep in mind:
Data. Get a prospective AZ Realtor to bring in a copy of what they have listed and closed. They can present you with an MLS report that … (0 comments)
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phoenix az: AZ Real Estate Roller Coaster Leaves Many Questions - 01/27/10 05:28 PM
Let's face it, times are tough and on any given day the mood is a different one than the day before. The market's up, then down, we're in a recession, we're recovering, it is hard to know what is really happening out there with so many mixed signals. Real estate is difficult to figure out, and remains relative to where you are in the country.
So is Arizona real estate really improving? Sales are up, inventory is down but Arizona foreclosures are expected to keep coming, especially with unemployment figures on the rise.
Have we hit bottom? The December real estate sales figures were … (0 comments)
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phoenix az: Inexpensive Ways to Improve the Look of Your Phoenix Home - 01/24/10 05:38 PM
There are a million ways to improve the look of your Phoenix home, some are more expensive than others. If you are thinking of selling your home or already have your Phoenix AZ home on the market here are some tried and true, inexpensive ways to improve your home and make it more appealing to a potential buyer.
Paint. Painting a home is something that anyone can do themselves, or hire a painter to do. Fresh paint on the interior and exterior of a home makes it instantly appear clean and fresh. Clean & De-clutter. Remove clutter, family photos and other personal … (0 comments)
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phoenix az: Buyer's Market Now in Phoenix AZ Real Estate - 12/23/09 06:17 PM
When it comes to Phoenix AZ real estate the general sentiment appears to be that of putting 2009 in the past and looking forward to a brighter 2010. Looking at where we are and where we are headed as far as Phoenix real estate goes will take us from the present into the future.
Currently Phoenix AZ home values are affordable, because prices are low and interest rates are low. Both of these low levels add up to the fact that it is a great time to be a buyer when it comes to Phoenix AZ property.
Interest rates … (0 comments)
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phoenix az: Energy Efficiency in Phoenix AZ New Homes - 12/10/09 03:54 PM
Energy efficiency and greener building practices have begun to take hold across the country, especially in Phoenix AZ new homes. More incentives warrant making home improvements to existing homes as well as better practices for building new homes.
Currently President Obama is considering federal incentives to homeowners who make energy efficient improvements to their homes. President Obama had said that energy efficiency "creates jobs, saves money for families, and reduces the pollution that threatens our environment. With additional resources, in areas like advanced manufacturing of wind turbines and solar panels," which are very popular in Phoenix AZ new homes for obvious … (0 comments)
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phoenix az: Overall Housing Market Slowly Improving in Phoenix Arizona - 11/27/09 03:47 PM
Real Estate data indicates that the overall housing market is slowly improving in Phoenix Arizona and nationwide since price declines are getting smaller and sales volume is getting larger.
October sales were up for pre-existing home sales by 23.5% compared with the same month last year. Homes sales for October nationwide were predicted to be 5.70 million, but the sales volume turned out to be 6.1 million.
Encouraging words are being spoken about real estate by NAR's chief economist who stated that, "Existing home sales have already bottomed. Home prices are almost there. We are seeing less of a decline in … (0 comments)
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phoenix az: Phoenix AZ Real Estate Buyer's Market - 10/29/09 05:28 PM
The biggest question hovering around these days is, have we hit bottom? Whether this question be a general question regarding the recession or the real estate market, we have to ask - does it matter? Whether we hit bottom a couple of months ago or are going to hit it a couple of months from now, we can all agree that we have had better times, and better times are in our future. Whether we have hit bottom or not, there is no mistake that it is still one of the most excellent buyer's market of Phoenix AZ real estate.
That … (0 comments)
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phoenix az: Phoenix AZ Rent-to-Own Scenario - 10/16/09 01:41 PM
The rent-to-own scenario can work out for both the buyer and the seller in Phoenix AZ.
The Phoenix AZ real estate market has led to some creative financing techniques, one of which is a rent to own scenario. While rent-to-own has been around for a long time, today it is helping many nervous Phoenix AZ sellers get a deal done. In essence the rent-to-own scenario is seller financing. It is important to work the specifics out in a rent-to-own situation.
Items that need to be addressed are:
What percentage of the rent that goes toward the down payment? Which party pays for … (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
Email Me
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