Jason Mitchell's (reoexperts) Blog

Previously, Mortgage Banker Association announced a sharp drop in mortgage applications. However , what was surprising about the drop was that there has been a  drop in interest rates as well. According to a the MBA , "The average rate for traditional, 30-year fixed-rate mortgages fell to 6.47 pe...

Phoenix REO - 25608 N 51st DR Phoenix August 6, 2008 25068 N 51st DR, Phoenix, AZ 85083 - $309,000 4 Bedroom/3.5 Bathrooms 2810 Square Feet Sandra Day O'Connor School District Mountain Views Near Shopping & Entertainment Short Sale --------------------------- Prepared by: Jason C. Mitchell , Cold...

124 W Coronado RD, Phoenix, AZ 85003 - $400,000 3 Bedroom/ 2 Bathroom 2277 Square Feet Central School District Willow Historical District Close to Light Rail Jacuzzi Tub New Berber Carpet Short Sale/ Not Bank Owned Listing Courtesy of Russ Lyons Southeby's Realty Please contact the listing agent...

2048 S Luther, Mesa, AZ 85209 - $200,000 4 Bedrooms/ 2.5 Bathrooms 2370 Square Feet Desert Ridge High School Desert Ridge School System Gourmet Kitchen  Extended Loft / extra room Short Sale Listing Courtesy of Dominion Real Estate Partners Llc. Please speak with the listing agent above to confi...

Yes, fewer people are buying homes. Yes, fewer new homes are being built, However, the leading driver has been the drop in refinance loans This according to the Mortgage Bankers Association. The decline in home prices has put home owners in a difficult situation. They cannot refinance into lower ...

38107 N 2nd AVE, Phoenix, AZ 85086 - $400,000 ---------------------------------------------------------------------------------------------------------------  38107 N 2nd AVE, Phoenix, AZ 85086 - $400,000 4 Bedrooms/ 3 Bathrooms 2674 Square Feet 1+ Acre Lot 4 Car Garage Central High School Cul-d...

The Help-U-Sell Real Estate franchise company entered Chapter 11 bankruptcy proceedings after a group of regional operators filed an involuntary petition for bankruptcy. However, Ashton "Ash" Asensio, who is consulting chief operating officer for Help-U-Sell, said today that the "franchise itself...

Leading Investmetn Bank, Morgan Stanley sees more finance crisis pain and saod financial crisis will probably not end until next year or even 2010, Germany's Handelsblatt newspaper quoted Morgan Stanley co-President Walid Chammah as saying in a preview of its Monday edition. Chammah also expected...

  First-time homebuyers, Before you start touring homes for sale, it's important to start off with a budget so ... you know how much you can afford to spend on a home. Knowing what mortgage payment you can handle will also help you narrow the field so you don't waste precious time touring homes t...

The Federal Reserve held the line on Tuesday-leaving the Fed Funds Rate at 2.00% for the third straight meeting. The decision, however, was anything but cut-and-dry. Earlier in the week, the Personal Consumption Expenditure data indicated that inflation climbed 0.8% overall in June, which is the ...