| |
mortgage: November Tempe Real Estate Market Update - 11/25/09 04:37 PM
Last week I attended the Arizona 2010 Real Estate and Business Forecast. Elliot Pollack, Valley economist who has been providing Economic Forecasts for more than 25 years, presented valuable information for homeowners, buyers, sellers, and renters. There was also a panel of real estate experts from both residential and commercial specialties who essentially confirmed what Elliot Pollack reported.
The main message from the seminar was this:
Economic recovery will be slow... there is no silver bullet. Home values may not be on track until 2013. The barometers of real estate recovery will be: 1) population growth which will be driven by
2) … (3 comments)
|
mortgage: Loan Modification Can Help You Save Your Home - 05/15/09 09:59 PM
If you are one of the many people struggling to save your home, then loan modification may be the life raft you are looking for.
Loan modification can help you reduce your monthly mortgage payment. While not all homeowners qualify, it doesn’t hurt to look into pre-qualification.
To qualify, you must be employed and able to demonstrate that your household income has been reduced. As your Tempe realtor, I would be happy to help you determine if you are pre-qualified for assistance - at no charge to you. No upfront fees, no charge for the results. If there is … (0 comments)
|
mortgage: Tips to Help You Avoid Foreclosure - 05/08/09 03:10 PM
The real estate market is currently in a state of flux, with many people still struggling to keep their homes. Arizona Republic reporter Chad Graham shared real estate reporter Catherine Reagor’s tips for readers who are dealing with a potential foreclosure. According to Reagor, foreclosures spiked more than tenfold in the past year as homeowners fell behind on their mortgage payments. Here are some of Reagor’s tips that can help you from becoming a statistic:
1. Contact your lender immediately.
2. Organize important papers – locate such items as lender information, annual tax returns paychecks and monthly utility bills … (0 comments)
|
mortgage: The Window of Opportunity is Starting to Close- Don’t Miss Out - 06/20/08 01:17 PM
Good News Numbers
Sales for May are up 15% from April. Pendings (properties under contract and closing in the next 30 days) are up and the total inventory has dropped for the fourth month in a row. In fact, the numbers for May 2008 are almost exactly the same as they were in July of 2007, when there was a 10-month inventory of properties. This was just before the "perfect storm", when mortgage companies stopped lending under the old rules.
In Tempe there was a dramatic 50% increase in properties sold between April and May and the inventory is now at … (2 comments)
|
mortgage: Market Recovery: Are You Ready? - 02/14/08 01:17 PM
Market Recovery: Are You Ready?
After months of doom and gloom, industry-wide panic, and talk of recession, we sure could go for some good news! In one of my recent blogs, I suggested that the market may have bottomed out in October. Housing inventory has not increased since then, and at the end of January, although closed sales were at a 5-year low (partially attributable to the usual holiday slump), the pending contracts to close in February had jumped by 25%.
What do these numbers indicate? They further suggest that we are currently at the bottom of a very shallow trough, … (3 comments)
|
|
|
|
|
|
Patrick Walsh, Realtor, CNE, Green - Tempe Arizona Real Estate
Tempe,
AZ
More about me…
Keller Williams Arizona Realty
Address: 3920 S Rural Rd Ste 100, Tempe, AZ, 85282
Office Phone: (480) 768-9333
Cell Phone: (602) 369-3224
Email Me
 Links
Archives
|
;)
;)
