|
| |
Phoenix real estate gets scary this weekend! - 10/30/10 10:29 AM
Phoenix homes are getting scary this weekend. The real estate market isn't getting scary - don't worry. But some haunted homes are scattered all around the Valley for families to enjoy.
There will be ghosts and goblins, fog and smoke, and Arizona homes-turned-spooky . . . if you dare. So this Halloween, I want to share with you some of the holiday highlights that you can enjoy this weekend.
And, remember, if you're interested in buying or selling a home (haunted or not), contact me. Real estate doesn't have to be a scary experience. In fact, it can be really rewarding … (1 comments)
|
NAR Reports 10% Jump in Existing Home Sales - 10/30/10 10:25 AM
Existing-home sales rose again in September, affirming that a sales recovery has begun, according to the National Association of REALTORS®.
Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums, and co-ops, rose 10 percent to a seasonally adjusted annual rate of 4.53 million in September from a downwardly revised 4.12 million in August, but remain 19.1 percent below the 5.60 million-unit pace in September 2009 when first-time buyers were ramping up in advance of the initial deadline for the tax credit last November.
Lawrence Yun, NAR chief economist, said the housing market is in the early stages of recovery. "A … (0 comments)
|
Wells Fargo reviews 55,000 “improperly filed” foreclosure filings - 10/30/10 10:19 AM
Two weeks ago, I blogged about the foreclosure freeze. In that entry for Realtor.com, I noted that - as of the posting date - Wells Fargo had denied that any of their filings were inaccurate. This was somewhat difficult to believe and today Wells Fargo announced plans to correct and resubmit up to 55,000 "improperly filed documents."
In a Wells Fargo statement issued today, they said that "the company has identified instances where a final step in its processes relating to the execution of the foreclosure affidavits (including a final review of the affidavit, as well as some aspects of the … (2 comments)
|
Bedbugs can happen anywhere. Even in Phoenix Homes. - 10/27/10 11:30 AM
I'm sure you all have heard of the tremendous problem the NorthEast - New York, in particular - has had with bedbugs. According to friends I have who live in Manhattan, the problem has been brewing for years. And now the island is infested with these small insects.
Well, I was reading the New York Times last week and came along this great article in the Real Estate section. It's titled "Bedbugs Chomp Their Way Into the Fine Print" and is about how bedbug disclosure requirements are being written into both residential rental agreements as well as home sale contracts.
All … (2 comments)
|
More reasons why you should buy a Phoenix home: it’s good for your baby - 10/27/10 11:25 AM
Last week, a colleague of mine forwarded to me a recent ranking conducted by Parents Magazine. It ranked cities by the best place to raise babies. Yes, babies. Why different than kids? Well, they measured services that are specific to babies such as child care, infant health, and activities that you can do with small children (versus school-aged kids).
It was really interesting. And what do you know, Arizona ranked high. Scottsdale came in as the number one city for raising babies, Phoenix number 7 - and Phoenix suburbs Mesa (no 11), Gilbert (no 14) and Chandler (no 17) rounded out … (0 comments)
|
More optimism in the national – and Phoenix – housing market - 10/22/10 11:51 AM
Residential building starts are on the rise with new home construction increasing to a five-month high last month.
Housing starts, or the number of new homes being built, rose 0.3 percent in September to a seasonally adjusted annual rate of 610,000. This may sound insignificant but considering that the expected rate of housing starts was 579,000, the increase is seen as very optimistic and good news for the real estate market. In fact, it was the largest number of new homes being built in five months and marked a 4.1 percent increase (year-over-year) from September 2009.
This is generating even more … (0 comments)
|
Investors continue to set their sights on Phoenix real estate - 10/22/10 11:48 AM
The Arizona Republic just reported on the role of investors on the local Phoenix real estate market. The full article can be found here.
I've mentioned the changing role of investors in the local housing market before but haven't necessarily blogged specifically about it. It's very interesting how their role has changed over the months and years since the housing bubbly burst.
The situation is such: Phoenix is a great location to buy. All anecdotal and data-based evidence suggests this. Our economy is stronger than many areas of the country are our home prices are competitive. This coupled with the fact … (0 comments)
|
Phoenix real estate about families - 10/18/10 11:11 AM
I've been reporting out a lot of data recently and spent an entire month focused on short sales. Though I do enjoy sharing great numbers with all of you and examining the real estate market in depth, I thought it would be nice to take a step back and look at your home for what it is: a home.
I've shared with you the story of one of my clients who was pregnant with twins. They were searching for the perfect home and neighborhood to raise their girls in. We found a great home for them and they recently moved in. … (0 comments)
|
Phoenix real estate on Realtor.com – understanding the foreclosure freeze - 10/14/10 02:26 PM
I was featured on REALTOR.com® again - they posted a blog I wrote called "Understanding the foreclosure freeze." Go read the full post, but the gist was this:
In the last month, banks have begun to freeze foreclosure filings as they step back and take a look at the filing process. It is the process that has come under scrutiny as "robo-signers" have been signing and approving thousands of foreclosures a day and mortgage assignments have been lost.
In the blog on Realtor.com, I offer some frequently asked questions in order to offer a quick understanding of what is going on … (1 comments)
|
Phoenix real estate: more research indicates it’s better to buy than to rent - 10/13/10 08:56 PM
Real estate Web site Trulia announced research last week that examined different metropolitan areas and whether it made financial sense for consumers to rent or buy in that area. Essentially, this is another version of one of the many rent versus buy calculators that come out every so often.
Phoenix - is a BUY again!
Trulia's formula was pretty simple but a good one: if home prices are 15 times higher than one year's rent, they recommend renting over buying.
Phoenix and Mesa ranked in the top five U.S. cities where buying is considered a better option than renting. The other … (0 comments)
|
Foreclosures on freeze. Answering your questions on MyPhoenixMLS.com - 10/11/10 12:23 PM
Undoubtedly you have seen the headlines and heard the news: foreclosures are on hold. Due to the high volume of foreclosure cases, many to most of the filing aren’t actually being inspected. A new term is coming out of this situation – “robo-signers” – which refers to servicing execs that have been mechanically signing off on foreclosure filings and pushing them through the assembly line (sometimes thousands upon thousands a month), without following clearly defined laws, such as having the signature notarized and ensuring they have personal knowledge of the information’s accuracy.
This “robo-signing” has led banks to freeze many of … (0 comments)
|
Home prices in Phoenix up over 3 percent - 10/11/10 12:19 PM
Home prices in the Phoenix market increased – year-over-year – by 3.4 percent, according to data released last week in the S&P/Case Shiller Home Price Index.
The S&P/Case-Shiller National U.S. Home Price Index, the leading measure of U.S. home prices, tracks the value of single-family housing nationally. The index is a composite of home price indices for the nine U.S. Census divisions and is calculated quarterly.
This study looked at price movement from June 2010 to July 2010 and also from July 2009 to July 2010.
Twelve of the 20 cities studied reported month-to-month increases in July. Phoenix was not one … (0 comments)
|
News ways to combat mortgage fraud - 10/05/10 01:31 PM
I was watching the "Today Show" this morning and they had a segment on protecting yourself from mortgage fraud. You can view the segment here. It made me reflect on the issue. Mortgage fraud is a real problem and according to the Mortgage Asset Research Institute, Arizona is one of top ten states where fraud is prevalent. It's really frustrating that scammers are taking advantage of people who are trying to stay in their homes or find a financially sound way of letting go of their mortgages.
There are many watchdog groups out there looking out for consumers. And now Freddie … (2 comments)
|
Phoenix real estate – the worst is over - 10/05/10 01:24 PM
The Arizona Republic had an article last week titled "The Worst is Over." This is largely something we already knew - but it's nice to see in big, large print.
They wrote that "sales of existing homes rebounded slightly in August after a record drop the month before, an indication that the worst may be over."
Indeed, existing home sales climbed 7.6 percent to an annual rate of 4.13 million units, according to a recent report. Looking ahead, economists say Augusts' increase in existing home sales may be a sign that home sales will slowly pick up over the next year.
… (1 comments)
|
|
|
|
Bob Stahl
Phoenix,
AZ
More about me…
Keller Williams Arizona Realty
Address: Scottsdale, AZ, 85258
Office Phone: (480) 767-3000
Cell Phone: (602) 318-1114
Email Me
Knowledge is power. In that spirit, the MyPhoenixMLS Phoenix Real Estate Blog covers everything that's Phoenix-area real estate, with the goal of helping buyers and sellers navigate the market.
 Listings
Links
Archives
|
|
Connect. Share. Learn.Welcome to ActiveRain, the #1 social community for real estate professionals.
;)
;)
;)
