Real estate blog entries tagged with market trends in phoenix by Andrew Monaghan CRS, GRI, EPro Associate Broker (Keller Williams Professional Partners)

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Home : Blogs : Andrew Monaghan CRS, GRI, EPro Associate Broker : Andrew's Blog : Tag "market trends in phoenix"

market trends in phoenix: FHA extends the anti flipping rule - 12/27/11 10:48 AM

FHA Extends Waiver of Anti-Flipping Regulations Through 2012:

In an effort to continue stabilizing home values and improve conditions in communities experiencing high foreclosure activity, Acting Federal Housing Administration (FHA) Commissioner Carol J. Galante will extend FHA’s temporary waiver of the anti-flipping regulations.

With certain exceptions, FHA regulations prohibit insuring a mortgage on a home owned by the seller for less than 90 days. In 2010, FHA temporarily waived this regulation through January 31, 2011, and later extended that waiver through the remainder of 2011. The new extension will permit buyers to continue to use FHA-insured financing to purchase … (1 comments)

market trends in phoenix: Market trends in Phoenix for the past 30 Days - 12/17/11 12:43 PM

30-Day Market Snapshot as of 12/17/11(from ARMLS for past 30 days – residential sales only)
ALERT • ALERT • ALERT • ALERT • ALERT • ALERT • ALERT • ALERT
These numbers mean there is currently only 2.55 months of inventory (2.79  last week)(Active listings divided by sold listings!!!!)
ALERT • ALERT • ALERT • ALERT • ALERT • ALERT • ALERT • ALERT

Active listings in ARMLS                                                      19,183   (19,394 last week)
Active with contingency         … (0 comments)

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Andrew Monaghan CRS, GRI, EPro Associate Broker

Glendale, AZ

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