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Blog entries tagged with "phoenix real estate":


phoenix real estate: Short sales and why the banks need to get with the program. Part 2 - 10/15/08 09:19 AM
My business partner and I know have about $2 million in total volume of short sale properties pending approval from the respective lenders.  Now multiply that times the number of hard working real estate agents left standing across the country and you can see why our financial markets are mess.  Credit freeze?! Liquidity … (0 comments)

phoenix real estate: The Talking House: Name That Tune - 10/13/08 05:28 PM

 
This weekend I showed 8 homes that were all vacant.  Nice Homes that were crying out for an owner since the previous owner could no longer care for them. 
All of these houses were bank foreclosures and they all sang the same song:  The familiar beeping of an … (3 comments)

phoenix real estate: PHB Podcast Interview with Justin McHood - Arizona Mortgage Team - 10/12/08 04:10 AM
Phoenix Arizona Real Estate Homes is pleased to introduce Justin McHood with Arizona Mortgage Team with our live interview October 9, 2008 (see Podcast below) talking a little about the Mortgage Landscape.

Justin & Tammy McHood with Arizona Mortgage Team will be contributing on a weekly basis on PhoenixHousingBlog.com … (0 comments)

phoenix real estate: Its not all about Price remember the effect of interest rate - 10/11/08 04:14 PM
Even though the current market has caused Interest rates to decrease in the last week, the rate is still higher than it was the beginning of 2008!
            January 24, 2008:  5.48%
            October 13, 2008:  5.94%
 
Let's look at the effect of interest rate hikes and home price declines … (2 comments)

phoenix real estate: Update on the Phoenix Market for the past 30 days - 10/11/08 03:12 PM
30-Day Market Snapshot as of 10/11/2008(from ARMLS for past 30 days - residential sales only)
Active listings in ARMLS                                                     52,752                 (52,727 last week)
Active with contingency                                                       986                     (1,066 last week)
Pending sales                                                                       6,406                  (7,353 last week)
Sales in last 30 days                                                            6,292                  (7,023 last week)
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phoenix real estate: That foreclosure is a bargain ... but will your bank finance it? - 10/10/08 09:14 PM
 
Beautiful house. 
A few drywall patches will cover the holes where the surround sound speakers were yanked out of the wall.  The sprinkler system is ready to go into the ground out back.  That dirt will green up in no time.  What’s that smell?  Oh, the water’s off.  Someone … (17 comments)

phoenix real estate: Phoenix real estate - Market update September '08 - 10/09/08 08:41 PM
Don't look now folks but the Phoenix real estate market is really picking up. Well, maybe you should look. Here are September's numbers for the week ending 9/30/08:
Active Listings: 13,753
Homes Pending: 1,762
Homes sold in last 30 days: 1,459 (up 12% from Aug. '08, up 90% from Sept. '07)
Burn rate (Inventory on market/by homes sold last 30 days) = 9 … (0 comments)

phoenix real estate: Anthem AZ real estate - Market update September '08 - 10/08/08 02:25 PM
The market continues to remain hot in Anthem.  The number of homes actively on the market continues to decline which brings us closer and closer to a balanced market, 5 months supply of homes, approximately 90 days on market to sell homes.  We are starting to see prices increasing slightly, but not at a break neck rate.
If you … (0 comments)

phoenix real estate: Scottsdale real estate - Great starter home in North Scottsdale - 10/07/08 09:17 PM
Perfect Scottsdale Retreat!!! … (2 comments)

phoenix real estate: Scottsdale, Arizona Newspaper Says "Uncle." - 10/07/08 04:04 PM
It's shakeup time for one major Valley newspaper.  The East Valley Tribune is blaming the current economic downturn and stagnant Real Estate market for a recent decline in readership.  According to an article on azcentral.com, the Trib is cutting 142 positions and pulling out of Scottsdale and Tempe in January.  The … (56 comments)

phoenix real estate: Area PHOENIX - 10/07/08 12:48 PM
Phoenix FamilyHere's some info for Phoenix Family! Area Phoenix Water Parks are always fun! http://www.golfland.com/  Here is some fun for the little ones: http://www.makutusisland.com/  Area Phoenix parks http://phoenix.gov/parks/ The Phoenix Zoo http://www.phoenixzoo.org/   Have you been to any of the lakes here in Arizona? The camping is awesome! http://www.arizona-leisure.com/arizona-lakes.html  Area Phoenix … (0 comments)

phoenix real estate: HALLOWEEN, NOT SO GREAT THIS YEAR!!! - 10/06/08 05:05 PM
This was sent to me today by one of my partners and I just could not resist sharing it with everyone! I hope you enjoy it as much as we did. Have a Happy Halloween this year with the family!
 
 
 
Jeff A. PickeringLoan OfficerPickering GroupPhone: 623-551-9360Fax: 1-866-451-8488sjpickering@qwest.netwww.pickeringgroup.com
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phoenix real estate: October Newsletter from the Pickering Group - 10/06/08 12:21 PM
 


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phoenix real estate: Gated Home in Dreaming Summit Litchfield Park - 10/05/08 08:46 PM
Situated on an oversized lot offering 3897 square feet of luxurious living. No upgrades were spared in this 4 bedroom home.  4 bathrooms and a den complete the convenience of this floor plan with both living room, dining room and family room areas.  Kitchen is spacious and offers a large eat … (2 comments)

phoenix real estate: Real estate update for the phoenix Metro area 9/4-10/4 - 10/05/08 01:01 AM
30-Day Market Snapshot as of 10/4/2008(from ARMLS for past 30 days - residential sales only)
Active listings in ARMLS                                                     52,752                 (52,727 last week)
Active with contingency                                                       986                     (1,066 last week)
Pending sales                                                                       6,406                  (7,353 last week)
Sales in last 30 days                                                            6,292                  (7,023 last week)
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phoenix real estate: Phoenix real estate - Fantastic investment/starter home... - 09/30/08 08:46 PM
Affordable Phoenix Condo!!! … (0 comments)

phoenix real estate: Phoenix real estate - Fixer upper in great neighborhood. - 09/29/08 09:56 PM
 Short Sale Opportunity in North Glendale!!! … (0 comments)

phoenix real estate: Smoking REO deal in the Phoenix Historic District - 09/28/08 10:35 PM
Charming Mid century 2 bedroom 1 bath close to downtown phoenix, located in teh Garfield District
 Comes with a car in the drivewayHole in the roof (skylight) courtesy of the Phoenix FD
  Kitchen
Bedroom
 Yes the note says what you think.
 
We offered the occupant cash for keys on Monday … (3 comments)

phoenix real estate: Video: Open House Safety Tips - 09/28/08 07:13 PM
Recently I helped a self defense instructor make a short video to show at the start of her classes for Realtors.  The instructor, Anni with Protect Yourself, does not believe in making all defense moves available to just anyone.  She instructs women only, saying that she could never forgive herself if … (2 comments)

phoenix real estate: Phoenix real estate - West Valley Horse Property - 09/27/08 02:45 PM
Great Waddell Horse Property!!! … (2 comments)

phoenix real estate: Phoenix real estate - Beautiful horse property - 09/26/08 07:14 PM
Custom Territorial Home on Horse Property in Phoenix!!!
Windermere West Valley
phoenix real estate ● search homes ● featured listings ● our listings ● client resources buyer resources ● seller resources ● about us ● our services ● our commitment contact us ● our links ● our property eflyers … (1 comments)

phoenix real estate: Ahwatukee Market Update - 09/25/08 09:27 PM
 
 
As of September 25, 2008 there are currently 604 single family detached homes for sale in Ahwatukee.  They range in price from $146,900 for a bank owned home in a retirement community to a high price of $3,995,000 for a 8,450 sq. ft. home with a 12 car garage!
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phoenix real estate: Scottsdale real estate - Market update August '08 - 09/24/08 08:01 PM
The dog days of summer are behind us and the Scottsdale real estate market is still struggling to keep up with the rest of the value.  My assessment of this situation is that most homes in Scottsdale do not fit within the conforming loan limits.  Therefore people are having difficulties securing loans for homes in this … (0 comments)

phoenix real estate: Phoenix real estate - Market update August '08 - 09/23/08 09:44 PM
The dog days of summer are behind us and the Phoenix real estate market is really picking up.  Here are August's numbers for the week ending 8/31/08:
Active Listings: 13,570
Homes Pending: 1,911
Homes sold in last 30 days: 1,300 (down 5% from July '08, up 32% from August '07)
Burn rate (Inventory on market/by homes sold last 30 days) = … (0 comments)

phoenix real estate: Anthem AZ real estate - Market update August '08 - 09/22/08 07:57 PM
Sorry I got this one out so late.  But better late than never.  It's also a testament to how busy we've been.
The market continues to remain hot in Anthem.  According to the lastest statistics we are very near what is deemed a balanced market, 5 months supply of homes, approximately 90 days … (0 comments)

phoenix real estate: Phoenix area home prices have fallen 23% in a year - 09/20/08 11:49 AM
According to a report from "loan Performance" the valleys home prices have fallen 23% from July 07 to July 08, this has Phoenix as number 8 in the country for the biggest drop in home prices.
What does this mean, it means to me that home prices are back at a … (0 comments)

phoenix real estate: Thinking of Buying a Home in Arizona? - 09/16/08 05:20 PM
Dear Potential Client, Are you thinking of buying a home? Well, what are you waiting for? Let's work together to start planning your future. I would like to help you do what I do best -- find the perfect home for you. Here are a couple of questions you might think … (4 comments)

phoenix real estate: The Luxury Loft Market in Greater Phoenix - 2008 Performance - 09/16/08 12:53 PM
While loft living has been a tradition in many metropolitan areas for years, we are starting to see a lot of recent growth in the Greater Phoenix area. I define luxury lofts as those for sale for more than $1 million. 
There are several luxury loft projects sprinkled throughout the area, including … (0 comments)

phoenix real estate: I have made it to the front page on Active Rain!! - 09/12/08 12:43 AM
After much blogging and commenting I have finally made it to the first page of my city on Active Rain.
Check out my cheesy smile on my profile and the featured members in Phoenix! Yup thats me all the way at the bottom, I have a long way to go to … (21 comments)

phoenix real estate: REO Trans, What am I doing wrong? - 09/12/08 12:27 AM
I have been signe dup with REOtrans for about 8 months now and I have not been able to get a thing from them. It is very frustrating as I see and hear from many agents that they are being kept busy as REOtrans is supplying BPO's and REO listings for … (9 comments)

phoenix real estate: Are these sympathy or empathy foreclosures? - 09/10/08 03:46 PM
I am trying to give a name to this concept, whereby, a person who has no financial reason for not making payments on their mortgage, decides to do so anyways in order to negotiate a lower price. Often the person loses their home, which they may perceive as a good thing … (6 comments)

phoenix real estate: At least let me know if you got the contract! - 09/10/08 02:58 PM
It has been five days since I submitted a purchase contract to one of the leading REO listers here in Phoenix, and, no response. The home still shows active on MLS, I have called and the voicemail is full. I have emailed and I get nothing. What can I tell my … (10 comments)

phoenix real estate: Price declining.....good news??? - 09/10/08 09:58 AM
can eye catching news headlines like ....
"New home sales plunge to lowest level in 16 1/2 years, prices drop by largest amount in 38 years"
ever be positve news??
don't get me wrong this is not great news for Real Estate.
In fact, here in Greater Phoenix and its familiar … (0 comments)

phoenix real estate: Pricing drops very quickly doesn't it - 09/10/08 09:48 AM
 
Leverage is the ability to borrow money with little down payment to buy something. It is what the majority of Home Buyers and real estate investors enjoy to buy real estate.
In this case, we will use Real Estate as our example of why you must be careful. Leverage can … (0 comments)

phoenix real estate: Phoenix real estate market heating up, weather cooling down... - 09/08/08 09:56 PM
Now's the time of the year we love in Phoenix.  The weather is starting to cool, but the skies are blue.  And typically we see our real estate market heat up as well.  That being said, we have seen a tremendous uptick in activity during our summer months as well.
My … (2 comments)

phoenix real estate: Mortgage applicants rejoice! - 09/08/08 07:09 PM
Mortgage applicants rejoice!
Sunday's federal takeover of Fannie Mae and Freddie Mac will likely translate into lower mortgage rates and greater availability of credit, experts said. Rates could drop by 1 percentage point from the stubbornly-high 6.39% for a 30-year fixed rate mortgage.
Mortgage rates borrowers pay are dependent on the … (1 comments)

phoenix real estate: Quick Tips from the Pickering Group - 09/07/08 09:43 PM

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phoenix real estate: Ahwatukee Weekly Real Estate Report ( Sept. 5, 2008) - 09/05/08 12:45 PM
Here is the weekly report for activity in the Ahwatukee Real Estate market according to the MLS.
This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information.  If you'd like a more detailed report for a certain neighborhood in … (0 comments)

phoenix real estate: Lease option to sell your home - 09/04/08 08:22 AM
 
one of the challenges facing real estate buyers , and thus, home sellers , is the difficulty for home buyer's to obtain loans. We are suffering in many of the towns of Maricopa County, North Phoenix, Peoria, and Glendale where we have been designated a 'declining area'' ; thus  tightening … (0 comments)

phoenix real estate: home prices plunge..........good news? - 09/04/08 08:20 AM
 
"New home sales plunge to lowest level in 16 1/2 years, prices drop by largest amount in 38 years
Can that ever be positve news??
don't get me wrong this is not great news for Real Estate.
In fact, here in Greater Phoenix and its familiar towns of Scottsdale, Paradise … (0 comments)

phoenix real estate: Cure Period Notice - 09/04/08 08:17 AM
 
 
10-day inspection with full cancellation provision refunding all buyer's earnest monies to seller,
automatic loan contingency (unless removed in writing) fully refunding buyer's earnest money should buyers not obtain a loan without contingencies
and a "3-day Cure" notice... which gives both parties the right to give the other a … (0 comments)

phoenix real estate: Queen Creek Real Estate- The Pecans - 09/03/08 09:04 PM
My son asked my last week "if you could live anywhere, where would it be?"  At the time I told him I was very happy where we live now, except I would like to remodel my kitchen.  Then yesterday we drove by "The Pecans" the neighborhood my oldest son loves to … (0 comments)

phoenix real estate: Greetings from Phoenix Arizona REO Specialist! - 09/03/08 02:48 PM
I am glad to be joining this group of exclusive members in our respective communities. I feel that being that we are exclusive to our community will allow us to share openly and without fear that our resources are being given away.
The market in Phoenix is all about REO's there … (7 comments)

phoenix real estate: Phoenix Real Estate 1701 E Colter St. (Biltmore Condo) - 09/02/08 12:44 PM
THIS BEAUTIFUL BILTMORE CONDO OVERLOOKS A COURTYARD AND HAS RELAXING VIEWS OF THE POOL. OWN THE HIGHEST IN DEMAND FLOORPLAN* THE C5 UNIT FEATURES A LARGE 2 BEDROOM AND 2 FULL BATHS LEADING TO A VERY OPEN FEEL* THIS UNIT FEATURES GRANITE COUNTER TOPS, ROOM ENHANCING WOODEN FLOORS* GE APPLIANCES* WASHER … (0 comments)

phoenix real estate: Email Flyers; Good Idea or Bad? - 09/01/08 06:21 PM
How many of these E-flyers do you get in a given day?I receive anywhere from 50-75 a day and the bog down my email quite a bit.
When these E-flyers first came out I was quickly one of those Realtors who jumped onto this technology and made it a part … (14 comments)

phoenix real estate: 3 investment rules to live by......and stick to - 09/01/08 02:32 PM
in my post from earlier today, I mentioned a friend, who has made his fortune in real estate here in Maricopa County which includes Phoenix, Scottsdale, Tempe, Fountain Hills, Peoria, Glendale, Paradise Valley, and the communities of Desert Ridge, DC Ranch, Troon, Grayhawk, Estancia and Silverleaf
and teaches others his secrets to … (3 comments)

phoenix real estate: Rules to live by when buying a home - 09/01/08 02:22 PM
Yesterday, the prognosticators over at Money magazine offered up their Real Estate survival guide that I thought you may be interested in the predictions of its crystal ball.
The articles included
Where Home Prices are Headed
10 Fastest Growing Real Estate Markets
Homes for Sale In Hot Markets
and unfortunataly,
Cities Set … (0 comments)

phoenix real estate: Home building costs down.....A GOOD THING - 09/01/08 02:17 PM
According to the census bureau. , "The spending rate for residential (new homes ) construction projects dropped for the 25th consecutive month at the end of the first quarter and has fallen 34.4 percent from its peak in February 2006.                                                                          
Now, those of you who know me and have read … (0 comments)

phoenix real estate: Market snapshot for the Phoenix metro area over the past 30 days updated 9/1/2008 - 09/01/08 12:07 PM
30-Day Market Snapshot as of 9/1/2008(from ARMLS for past 30 days - residential sales only)
Active listings in ARMLS                    51,799             (52,594 last week)
Active with contingency                           945             (1,087 last week)
Pending sales                                        6,740             (7,135 last week)
Sales in last 30 days                            5,829             (6,172 last week)
 
We are … (1 comments)

phoenix real estate: To inspect or not - 08/31/08 01:13 PM
When you are buying a home regardless of whether it is a owner seller owned, short sale or REO, you need to inspect the home thoroughly, recently we have had a number of buyers tell me that "they wont inspect as the home is sold as is". In my opinion this is … (6 comments)

phoenix real estate: Auction open houses today - 08/30/08 11:54 AM
Today between 11 and 4 there will be in excess of 500 REO properties open for the REDC auction next weekend, this is your chance to see and inspect the home the homes before the auction next weekend.
for more details on the homes being held open andf the starting bids visit … (0 comments)

phoenix real estate: Chandler Weekly Real Estate Report ( August 29, 2008) - 08/29/08 12:09 PM
Here is the weekly report for activity in the Chandler Real Estate market according to the MLS.
This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information.  If you'd like a more detailed report for a certain neighborhood in … (0 comments)

phoenix real estate: CAREFUL INVESTING! - 08/28/08 09:54 AM
 
Lately, as I have been reading the paper, listening to the radio and watching late-night television, I have noticed more and more advertisements for what are commonly referred to as, 'Get Rich Quick' schemes for buying and selling real estate short sales and foreclosures.
Headlines and catch phrases sound something … (0 comments)

phoenix real estate: Phoenix real estate - Solitude in Horseland... - 08/28/08 09:54 AM
Great Waddell Horse Property!!! … (0 comments)

phoenix real estate: Finding the Perfect Home in Arizona - 08/27/08 04:20 PM
There are probably few things in life that are as exciting--or as stressful--as the search for a house. When you set out with a great home buying plan, you can minimize a great deal of the stress. First, by determining your what you can afford, your wants and needs, and having an … (1 comments)

phoenix real estate: Buying from a BUILDER - 08/27/08 03:38 PM

There are reasons for buying resale and other good reasons to buy a new construction home Direct from a Builder; including,...
A wide variety of communities, location, location, location, modern floor plans, an practically unlimited choices of features, colors, fixtures and finishing's, lot selection, modern safety and energy efficient standards, … (0 comments)

phoenix real estate: Winning at REO Auctions - 08/27/08 09:51 AM
In Greater Phoenix,   REO (Real Estate ‘bank’ Owned) Auctions are quickly becoming today’s ‘get rich quick’ opportunity being touted by, well banks, and those who run the auctions.
REO Auctions are being advertised as your chance to win the Real Estate Auction sweepstakes.
However, be careful, do your homework and know … (0 comments)

phoenix real estate: Buying Real Estate online - 08/27/08 09:49 AM
Believe it or not , home buyers purchase real estate on-line. 
In Phoenix, Scottsdale, Peoria, Glendale and other popular retirement towns this is a growing practice as these are popular vacation home and retirement cities.
Many of these buyers are relocating to the Metro Phoenix area and want to purchase … (0 comments)

phoenix real estate: Bulider Incentives....Time to take advantage - 08/26/08 10:35 PM
Phoenix area home builders are struggling to sell homes. There has been a 56% drop in New home sales from June 2007 to June 2008 according to R.L. Brown’s housing report on the Phoenix area real estate market.

The days of waiting in line to pay a premium for a … (0 comments)

phoenix real estate: Chandler Schools - 08/26/08 04:22 PM
Thank you for visiting my blog.  Below you will find information on all of the schools in Chandler.  If you would like to know more, please feel free to give me a call.  I can also share with you which neighborhoods tend to be more "family" oriented, discuss the real estate market … (0 comments)

phoenix real estate: To Rent or To buy...that is the question - 08/26/08 11:10 AM
The first rule of Real Estate 101 taught to new agents is to ask "Why Rent when you can own?"
Traditionally, and especially in the past 10 years, following this home buying advice has proven lucrative and accurate.
However, the last 2 years has proven that this is not a hard … (2 comments)

phoenix real estate: Paying full price is not an option! - 08/26/08 10:47 AM
In my area of Phoenix , Scottsdale Arizona, I have real estate buyers who tell me all the time, that they would never pay full asking price.
In fact , almost every client likes to makes offers at least 10% below market , first offer, no matter what the price.
In … (0 comments)

phoenix real estate: Can lower prices actually be good news?? - 08/26/08 10:45 AM
I woke up this morning to Today's leading business Headlines , ( Real Estate News)
can ‘eye-catching' news like ....
"New home sales plunge to lowest level in 16 1/2 years, prices drop by largest amount in 38 years"
according to the Commerce Department , "The median price of a new … (0 comments)

phoenix real estate: Helping tenants buy your home - 08/26/08 10:43 AM
one of the challenges facing real estate buyers , and thus, home sellers , is the difficulty for home buyer's to obtain loans. We are suffering in many of the towns of Maricopa County, North Phoenix, Peoria, and Glendale where we have been designated a ‘declining area" ; thus  tightening credit … (0 comments)

phoenix real estate: When a short sale IS a short sale - 08/25/08 02:55 PM
we have never had so many requests from buyers who only are interested in short sales, foreclosures, or (REO) bank owned properties.
However, when it comes to buying these types of properties, there are many differences.
One of the most common and sought after is the "Short Sale".
However, not all … (0 comments)

phoenix real estate: PHOENIX REAL ESTATE 301 W. DESERT FLOWER LANE (AHWATUKEE) - 08/25/08 12:36 PM
GORGEOUS, HIGHLY UPGRADED SINGLE LEVEL HOME IN PRESTIGIOUS MONTANA VISTA* FABULOUS VIEWS OF SOUTH MTN IN FRONT AND ESTRELLAS OUT BACK* CROWN MOLDING IN DINING ROOM* CUSTOM PAINT THROUGHOUT* SPACE SOLUTIONS CLOSETS IN EVERY BEDROOM* COMMERICAL GRADE DISPOSAL* NEW 2 LEVEL DISHWASHER* EXTENEDED KITCHEN ISLAND FOR SEATING AREA* CUSTOM SECURITY SCREEN … (0 comments)

phoenix real estate: Should the Public see you PURCHASE PRICE???? - 08/25/08 09:24 AM
There has been a significant and fundamental change in the display and public recording keeping of home ownership here in Maricopa County (Phoenix|Scottsdale and surrounding townships of Mesa, Gilbert, Tempe) Arizona.
Preciously, on the tax records, anybody, could go to the public records and type in the last name of a … (0 comments)

phoenix real estate: Who do they think they are? - 08/23/08 11:26 AM
I'm not sure if this is an isolated trend specific to the Phoenix real estate market or not, but we're starting to come across loan underwriters who think they are appraisers.
Now, I understand that banks are scrutinizing every loan these days with a fine toothed comb.  However, appraisers are now … (4 comments)

phoenix real estate: Gilbert Weekly Real Estate Report (August 22, 2008) - 08/22/08 03:44 PM
Here is the weekly report for activity in the Gilbert Real Estate market according to the MLS.
This information is provided directly from our local MLS. Please feel free to check back often for the most accurate and updated information.  If you'd like a report for a certain neighborhood in Gilbert, click … (0 comments)

phoenix real estate: Phoenix Home For Sale-NOT Bank Owned or a Short Sale! - 08/21/08 07:09 PM

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phoenix real estate: Quick Tips! - 08/20/08 04:53 PM
 
 
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phoenix real estate: Some Positives in the Phoenix Marketplace - 08/20/08 11:48 AM
They say that patience is a virtue.  Prices for Phoenix homes have been on the decline in recent months, creating an 8.97% increase in the number of single-family homes sold in July (compared to June) and a 33.86% increase from July 2007.  Condominiums and townhomes have decreased in price as well, … (0 comments)

phoenix real estate: Phoenix real estate - You're missing the boat... - 08/20/08 11:25 AM
Attention investors, first time home buyers, second/vacation home buyers.  If you're not looking at the Phoenix market right now you're missing out big time.
The median home price in Maricopa county (Phoenix/Scottsdale area) has fallen from $268,000 in 2005 to $205,000 currently.  A 30% decline off the peak.
In certain areas … (0 comments)

phoenix real estate: Arizona Real Estate News - 08/15/08 02:28 PM
"What about the foreclosures, the REO properties, the devaluation of the resale housing stock? What about the struggling recessionary economy? What about the credit crunch? As we have noted before, while tragic, the foreclosure mess will have the most dramatic direct impact on a relatively small percentage of the homeowners in … (11 comments)

phoenix real estate: Conserve!!!!! - 08/14/08 06:14 PM
We all know the expression, "waste not, want not".  Then why is it when it comes to energy we waste a lot and want more.
Thankfully the energy issue is front and center in this year's election.  And that is very good. We need not only to start focusing on alternative … (0 comments)

phoenix real estate: A Note To Sellers - 08/11/08 09:09 AM
It has been a tough market here in Arizona for Sellers.  The good news is you can sell your home...if you really want to.  There are buyers out there and the key is to price your home correctly, and have the house looking in tip top shape.  There is competition and you … (0 comments)

phoenix real estate: Phoenix real estate - Beautiful Casa Grande home... - 08/08/08 06:27 PM
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phoenix real estate: Where is Ahwatukee? - 08/08/08 04:38 PM




Ahwatukee??  Ahwatukee used to be known as "Ahwatukee Foothills Village."  It is basically an L shaped neighborhood of Phoenix which is borded by South Mountain. The scenery is beautiful and has sort of a "small town feel."  My wife and I have lived in Ahwatukee since moving from … (0 comments)

phoenix real estate: Phoenix real estate - Market update July '08 - 08/07/08 08:50 PM
Even though the dog days of summer are upon us the Phoenix real estate market is still pluggin along nicely.  Here are July's numbers for the week ending 7/31/08:
Active Listings: 13,464
Homes Pending: 1,770
Homes sold in last 30 days: 1,366 (up 12% over June '08, up 25% from July '07)
Burn rate (Inventory on market/by homes sold last … (0 comments)

phoenix real estate: Phoenix real estate - Historic fixer upper in Mesa... - 08/07/08 05:53 PM
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phoenix real estate: Pending Contracts) Rise in June - 08/07/08 12:18 PM
Home sales contracts signed in June (Pending Contracts) unexpectedly rose in June across the country to its highest level since October, but still were well below year-earlier levels, a real estate trade group said on Thursday.
 
NAR predicts a package of housing legislation signed by President Bush last week - … (0 comments)

phoenix real estate: Phoenix real estate - Beautiful horse property - 08/06/08 06:20 PM
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phoenix real estate: Phoenix real estate - Greater starter home... - 08/05/08 06:23 PM
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phoenix real estate: Protect our Arizona Homes - 08/05/08 03:30 PM
Has anyone heard about the campaign "Protect Our Homes"?  375,000 people in Arizona have and signed the petition to bring this proposal to the voting polls this fall. By the way that was a record for a petition drive in Arizona, which should show us how important this issue is to … (2 comments)

phoenix real estate: Down payment Programs (reach out to your data base) - 08/04/08 04:26 PM
 
Happy Monday!
I am here to help all of our Family, Friends and Clients throughout this sea of changing financial news. Please let me know if there is someone you would like me or one of my financial advisors to do a free consultation with to go over all options available. The … (0 comments)

phoenix real estate: Anthem AZ Real Estate Market Update July 2008 - 08/04/08 02:02 PM
The market continues to remain hot in Anthem.  Here are the lastest stats for the week ending 6/30/08:
Active Listings: 464
Homes Pending: 116
Homes sold in last 30 days: 78 (Up 3% from June '08, up 81% over July '07)
Burn rate (Inventory on market / by homes sold last 30 days) =  6 months supply
Avg. Sale price (Solds): … (0 comments)

phoenix real estate: Phoenix real estate - Great condo, investment property... - 08/04/08 12:17 PM
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phoenix real estate: Get Your Shine on in Phoenix - 07/31/08 11:46 AM
The population of Phoenix makes it the largest capital city in the United States and the sixth largest city in the entire country.  Students in public schools are served by over 30 school districts.  Arizona State University, one of the largest public universities in the US, has a campus here.  Phoenix's … (0 comments)

phoenix real estate: Phoenix real estate - Excellent investment opportunity - 07/31/08 10:10 AM
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phoenix real estate: Phoenix real estate - Excellent investment/first time buyer opportunity... - 07/30/08 10:18 AM
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phoenix real estate: Partnering with the Pickering Group: - 07/30/08 01:06 AM
 
•·         Monday Service Check in- Each week you can expect a call from a loan partner on our team to ensure you are being ‘over' serviced.  As with our clients it is our goal to exceed expectations, as our partner expect nothing less.  We will be contacting you on Monday's … (2 comments)

phoenix real estate: Get rich quick!!! Puh-lease. - 07/29/08 09:55 AM
Before I start, don't get me wrong.  I am not condoning a Communist society here, or anything close to that.  The point of my blog post today is unadulterated greed.
Over the past couple of decades I have seen a scary trend in American society.  Namely, the proliferation of the get … (5 comments)

phoenix real estate: Phoenix real estate - Terrific horse property! - 07/29/08 09:34 AM
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phoenix real estate: Panning for Internet Gold - 07/28/08 10:22 AM
 
 
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phoenix real estate: Phoenix real estate - Great home in beautiful retirement community - 07/28/08 09:44 AM
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phoenix real estate: What Is the State of of the Mortgage Industry? - Guest Columnist Steve Smith of Eagle Home Mortgage - 07/27/08 07:37 PM
I had the good fortune to work with Steve Smith of Eagle Home Mortgage in Scottsdale, Arizona last year on a transaction and we have stayed in touch since then. When I asked him if he was interested in writing a little something to help consumers understand what is going on … (0 comments)

phoenix real estate: Phoenix real estate - 2407 W. Yahoo Trail, Phoenix, AZ - 07/27/08 03:11 PM
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phoenix real estate: Phoenix real estate - 2240 Via Caballo Blanco, Phoenix, AZ - 07/27/08 12:28 PM
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phoenix real estate: Off the sidelines and into the game - 07/26/08 05:34 PM
I've been on the sidelines of Activerain for quite sometime, but never actively participated.  I've decided it's time to put myself into the game and get busy.  The only way to survive in today's market is to step outside your comfort zone!  As they say....if you want different results, you have … (3 comments)

phoenix real estate: Mortgage News! - 07/25/08 08:04 PM

 -- Click on the film strip or text link above and turn up your volume to view your video email from Jeff Pickering.
Friday's bond market has opened in well in negative territory as traders erase a sizable rally in bonds yesterday. The stock markets are in positive territory after their large sell-off yesterday helped fuel the bond rally. The Dow is currently up 51 points while the Nasdaq has gained … (2 comments)

 
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