Credit's tight, but you can still get a loan - 11/30/07 12:17 AM
November 28, 2007
Earlier this month, the Fed released results of a survey showing that mortgage lenders had tightened their lending standards. “About 40 percent of respondents indicated that they had tightened their lending standards on prime mortgages, compared with only about 15 percent that reported having done so in … (0 comments)
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More Sellers Are At Wit's End: "Please Buy My House, Please. Pretty Please With a Cherry on Top?" - 11/28/07 12:24 AM
November 26, 2007
An article Saturday in the Arizona Republic talked about the lengths Phoenix area home sellers go to to try to get their home sold. One offers Cardinal’s season tickets with his Goodyear townhouse. Another will throw in a car and $1,000 in gas money. Still another will … (7 comments)
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Maybe the IRS isn't so bad after all? Oh wait, never mind. - 11/28/07 12:22 AM
November 23, 2007
A Realty Times article I ran across the other day got me excited. The title read, “IRS Says Foreclosures, Short Sales Can Be Less Taxing.” Great, I thought, now the IRS will pitch in, too, to help homeowners facing foreclosure.
That didn’t last long.
Come to find out, … (1 comments)
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The Phoenix economy's undercurrents remain strong -- solid employment numbers are just another example - 11/28/07 12:20 AM
November 21, 2007
Last Thursday, the Arizona Department of Economic Security released its November employment report, which showed that Arizona hit a record 2,737,500 nonfarm jobs in October. The unemployment rate in the Phoenix metro area is 3% -- below the statewide average of 3.5% and dramatically lower than the … (1 comments)
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Landlords and lawyers relief or just good sense? - 11/21/07 12:46 AM
November 19, 2007
Last Thursday, the U.S. House of Representatives passed the Mortgage Reform and Anti-Predatory Lending Act of 2007 (HR 3915) in a 291-127 vote. The bill is contentious, with some saying that it’s too strict and others saying that it’s not strict enough.
Sen. Christopher Dodd, D-Conn., … (0 comments)
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Anything to get ahead -- deciding to improve your home or list it "as is" - 11/21/07 12:44 AM
November 16, 2007
In today’s tight market – where, let’s face it, selling a home can be difficult – homeowners are becoming creative, looking for a way to get an edge over other homeowners. One good way to do that, I’ve written about before, is staging your home. “If you’re … (1 comments)
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The importance of a sound home inspection - 11/16/07 12:55 AM
November 14, 2007
In an Inman News piece on Tuesday, a reader posed the question: “If a home inspector may not be able to provide a thorough and comprehensive inspection, should he continue to provide the service?”
The answer in my mind is clearly no. In the article, the reader … (2 comments)
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Know who’s representing you – and who’s not - 11/13/07 11:48 PM
November 13, 2007
SPECIAL NOTE: Since yesterday was Veteran’s Day, I’d like to send a special note of thanks to all those men and women who have fought or are fighting to protect all that this country stands for.
An article Sunday in the Washington Post talked about hiring … (0 comments)
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How to hire the right real estate agent (or fire the wrong one) - 11/08/07 10:35 PM
November 7, 2007
Nearly 75% of homeowners say that they wouldn't re-hire the real estate agent who sold their last home. Yet finding the right real estate agent is a key factor in selling your house for the most money in the shortest time - especially in today's tight market.
An article Sunday … (3 comments)
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If you’re not using the ‘Net to buy or sell your home, you could be losing out - 11/06/07 10:01 PM
November 5, 2007
An article Sunday on the CBS news website talked about using the Internet to buy or sell a home. "These days, it's not a luxury to use the Web to buy or sell a house, it's a necessity, says Regina Lewis, AOL's consumer advisor. And it's about how savvy … (0 comments)
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Gain an edge over other sellers by staging your home - 11/06/07 09:58 PM
November 2, 2007
There's simply no question: Phoenix is a buyer's market (very few markets in the U.S. are seller's markets right now). So how do you sell in a market when three houses on a single street are for sale, some at very low short-sale prices (as the homeowner's alternative to … (0 comments)
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The Fed lowers the target rate: but what does it mean for you? - 11/06/07 09:55 PM
October 31, 2007
Happy Halloween!
Was anyone else surprised to learn that the candy lobby may have been behind Congress's passage of the law that extends daylight savings time to November? (Was anyone else surprised to learn that there's even such a thing as a candy lobby?)
Anyway, on to more relevant news. … (0 comments)
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