arizona housing: Home prices fall in most us cities - 11/15/09 11:04 AM
I found this article on MSNBC showing that median prices of homes have dropped in 123 of 153 metro areas in the US, This is also matched by a increase in home sales as the first time home buyer credit have been extended and the prices have become much more affordable. (0 comments)
arizona housing: Shaddow inventory - 09/19/09 03:48 PM
I was talking to a agent from Las Vegas recently and he brought up the term "Shadow Inventory" when we asked him what it meant he explained that as more and more homes go into default and the banks do actually take them back, many former homeowners and / or renters (1 comments)
arizona housing: $8000 First time home buyer credit going away at the end of November - 09/19/09 02:16 PM
The wonderful boon to the housing market, the $8000 first time home buyer credit is going away November 30th 2009, this means ahat you must be closed and recorded by that date to avail of teh tax break.
there is talk about the incentive being extended but at this time nothing concrete has (0 comments)
arizona housing: Home sales continue to out pace 2008 in the Phoenix Metro area - 09/19/09 01:57 PM
This week the Phoenix Business Journal reported that the housing market shows signs of improvement over the previous year, this may be assisted by the reduction in foreclosures, the banks willingness to participate in short sales and public perception that the real estate market has bottomed out.
see the full story (0 comments)
arizona housing: 30-Day Market Snapshot as of U9/19/09 - 09/19/09 01:51 PM
(from ARMLS for past 30 days Residential sales only)
ALERT • ALERT • ALERT • ALERT • ALERT • ALERT • ALERT • ALERT These numbers mean there is currently only 3.83 months of inventory (Active listings divided by sold listings!!!!)
ALERT • ALERT • ALERT • ALERT • ALERT (0 comments)
arizona housing: Finally the AZ Governor repeals the anti deficiency law - 09/05/09 11:55 AM
After months of negotiation and meetings the Arizona Governor, Jan Brewer finally seen the light and repealed the worst piece of legislation to come out of the Arizona legislature, the bill that removed anti deficiency, thanks to all the hard work by AAR. the Realtor groups and others.
for more details (0 comments)
arizona housing: Finally the AZ Governor repeals the anti deficiency law - 09/05/09 11:51 AM
After months of negotiation and meetings the Arizona Governor, Jan Brewer finally seen the light and repealed the worst piece of legislation to come out of the Arizona legislature, the bill that removed anti deficiency, thanks to all the hard work by AAR. the Realtor groups and others.
for more details (2 comments)
Active listings in ARMLS 31,460 (31,845 last week)
Active with contingency 5,649 (5,636 last week)
Pending sales 11,886 (12,788 last week)
Sales in last 30 days 9,025 (8,898 last week)
Cancelled 3,031 (2,959 last week)
Expired 1,721 (2,088 last week)
Temporarily Off Market 998 (0 comments)
arizona housing: Arizona Active adult comminity Floorplans Great free tool - 01/17/09 01:57 PM
I received this link which offers the Sun City floorplans and thought you might like to have this information too.
Just click on the link and when it opens, click on the 'floorplans' option on the left.
Hope this helps with your business.
http://www.eta-az.com
Andrew Monaghan
The Monaghan Group (1 comments)
arizona housing: Bankrupcy reform bill offers to put Primary residences into the bankrupcy - 01/10/09 12:39 PM
• Attorneys general push to ease bankruptcy rules on mortgages: Arizona is joining other states asking Congress to liberalize bankruptcy rules so judges can modify home loans to help reduce foreclosures. Arizona Attorney General Terry Goddard has joined the attorneys general from 21 other states in the effort. Current federal law (6 comments)
arizona housing: Phoenix Metro area stats for the past 30 days - 01/10/09 12:24 PM
Active listings in ARMLS 52,457 (51,798 last week)
Active with contingency 949 (892 last week)
Pending sales 5,976 (6, 040 last week)
Sales in last 30 days 5,321 (5,534 last week)
Canceled 4,009 (712 last week)
Expired 5,732 (3, 648 last week)
Temporarily Off Market 655 (173 last week)
Andrew Monaghan (0 comments)
arizona housing: Gary Keller, Founder Keller Williams Realty is coming to Phoenix - 10/25/08 02:46 PM
Don’t miss the opportunity to hear Gary Keller Live! Gary will be here on November 11th for the SHIFT tour, talking about his new book – cost is $20 and includes a copy of the SHIFT book … this is a great opportunity for you to bring a non-KW agent!!!! (2 comments)
arizona housing: 30-Day Market Snapshot as of 10/25/2008 - 10/25/08 02:42 PM
(from ARMLS for past 30 days – residential sales only)
Active listings in ARMLS 54,035 (53,954 last week)
Active with contingency 1,040 (1,047 last week)
Pending sales 6,523 (6,380 last week)
Sales in last 30 days 5,618 (6,017 last week)
Cancelled 4,556 (4,483 (0 comments)
arizona housing: State AGs ask lenders to fast track mortgage aid: - 10/11/08 04:35 PM
Arizona Attorney General Terry Goddard and the attorneys general of nine other states are asking 16 mortgage lenders to adopt streamlined mortgage modification programs to help ease the wave of foreclosures and bad loans.
The states cite protocols set up by Countrywide Financial after its merger with Bank of America as (1 comments)
arizona housing: 30-year mortgages drop below 6 percent - 10/11/08 04:33 PM
Freddie Mac reported Thursday that 30-year, fixed-rate mortgages averaged 5.94 percent this week, down from 6.1 percent last week. That marks the first decline since rates fell on Sept. 18 to 5.78 percent, a seven-month low. With the financial markets in turmoil, mortgage rates have fluctuated dramatically in recent weeks. Rates (3 comments)
arizona housing: Update on the Phoenix Market for the past 30 days - 10/11/08 03:12 PM
30-Day Market Snapshot as of 10/11/2008(from ARMLS for past 30 days - residential sales only)
Active listings in ARMLS 52,752 (52,727 last week)
Active with contingency 986 (1,066 last week)
Pending sales 6,406 (7,353 last week)
Sales in last 30 days 6,292 (7,023 last week) (0 comments)
arizona housing: Pick your lender carefully - 09/30/08 12:12 AM
Tomorrow, 9/30 is the last day for the seller assisted DPA, today i have been dealing with calls from buyers agents telling me why they have to close tomorrow, its the sellers fault, the title companies fault, its not my clients fault that lender docs have not arrived as yet but you have (8 comments)
arizona housing: Who is looking out for the buyer??? What can happen in a transaction. - 09/27/08 11:41 PM
Its currently 9/27 and we are coming up on the end of the month, the end of the Seller assisted Down payment assistance and coming up on the end of the real estate world as we know it (if you believe some of the blogs out there)
In the past week (0 comments)
arizona housing: 30-Day Market Snapshot as of 9/27/2008 (from ARMLS for past 30 days – residential sales only) - 09/27/08 03:59 PM
Active listings in ARMLS 52,727 (52,385 last week)
Active with contingency 1,066 (1,075 last week)
Pending sales 7,353 (7,353 last week)
Sales in last 30 days 7,023 (6,033 last week)
Cancelled 4,494 (4,341 last week)
Expired 3,831 (3,849 last week)
Temporarily Off Market 855 (893 last week)
A FULL-SIZED VERSION OF (0 comments)
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