foreclosure: November Phoenix market update - 12/19/12 01:39 AM
Overall, November continued the feel good market conditions that we have seen through much of 2012.The market continues to show signs of recovery and competition for many properties stays strong.  Here are some details about market stats for the Phoenix metro area.  Sales in November did fall 3% to 6,810. But historically, with the exception of 2001 and 2010, the decline in sales from October to November is typical of every year in the past decade.  November sales were also lower  by 4.7% than the same month in 2011.  This also follows the pattern for all of 2012 which showed declines … (0 comments)

foreclosure: Phoenix event to help struggling homeowners set for July 19 - 07/12/12 07:19 AM
FRom and article in the Phoenix Business Journal
Are you a homeowner facing foreclosure but not yet ready to throw in the towel?
If so, consider attending a free, day-long event hosted by the Obama Administration’s Make Home Affordable program and the Hope NOW Alliance. It's scheduled to take place July 19 at the Sheraton Phoenix Downtown Hotel    , 340 N. 3rd Street, Phoenix.
The event will offer free, one-on-one counseling for any homeowner who is struggling to make their mortgage payments, but wants to explore all alternatives to foreclosure. Counselors and representatives from multiple nonprofits and mortgage companies -- … (0 comments)

foreclosure: Metro Phoenix market report for May 2012 - 06/30/12 03:37 AM
HI,Anyone working in the Phoenix real estate market or looking to buy property knows that the market is very competitive and difficult at this time.  Inventory is low, investor purchasing is up and that leaves the everyday Joe and Jane out in the heat.  (Yes I said heat not cold, it is Arizona afterall).  We have seen years of a difficult market, but the interesting thing to note is that the difficulty has varied greatly.  From homes under water and long sale times to tremendous activity and multiple offers.  The ups and downs make real estate agents question their sanity.This swing … (0 comments)

foreclosure: Desert Ridge homes for sale 11-30 - 11/30/11 10:55 AM
There are 8 new Desert Ridge listings fresh to market  week (since Monday). One condo in Toscana awith 2 beds/2 baths and 1464 sf priced at 339,900; one townhouse at Fireside with 1941 sf for $299K and there are six single family detached from $145K to $360K with 3 or 4 bedrooms and 1448 s.f. to 3050 s.f.    If one of these or any other Desert Ridge home interests you, I'll be happy to assist you with your search.  See the link below for all currently available homes in Desert Ridge.
 
There are now currently 82 active listings of homes … (0 comments)

foreclosure: Desert Ridge homes for sale 11-19 - 11/19/11 08:14 AM
There are 5 new Desert Ridge listings fresh to market during this past week (Mon-Fri). Two are condos in Toscana and Villages at Aviano.  Both are 2 beds/2 baths.  One is $249,999 with 1386 s.f. and the other is $269,900 with 1431 s.f. There are three single family detached from $245K to $449K with 3 or 4 bedrooms and 1654 s.f. to 3364 s.f.    If one of these or any other Desert Ridge home interests you, I'll be happy to assist you with your search.  See the link below for all currently available homes in Desert Ridge.
 
There are now … (0 comments)

foreclosure: Maricopa County foreclosure data - 09/28/11 11:49 AM
Earlier this week I reported some foreclosure statistics for Maricopa County for August.  These numbers included the total number of sales as well as a breakdown of how those sales occurred.  
 
While we don’t have the final numbers for September yet, the following information will present a general perspective on current numbers and possible future foreclosure trends.  The numbers will reflect reports generated on each Monday reflecting the prior week’s foreclosures and also pre- foreclosures. Pre- foreclosures represent new notices of  trustee’s sale.  The dates for the trustee’s sale will follow the notice by 3 months if not postponed … (1 comments)

foreclosure: August Foreclosure numbers for Maricopa County - 09/25/11 10:17 AM
August numbers for foreclosures in Maricopa County continued to show a significant decrease vs. 2010.  Total trustees sales for August 2011 numbered 3825.  1946 of those were sold back to the banks and 1879 were sold to 3rd parties.  There were a total of 6300 properties scheduled for trustee’s sale which leaves 2475 cancelled or postponed sales.  The total sales were still approximately 25% below last August’s 5134 trustee’s sales.  Although August sales were up slightly over July, it was still the second slowest month of 2011.  The high month was February with 5071 sales.
 
Pending notices were up for … (0 comments)

foreclosure: New Desert Ridge Listings 9-18 - 09/18/11 09:28 AM
HI,
 
There are 3 new Desert Ridge listings fresh to market this weekend.  They are all single family detached homes ranging from $215K to $419,900.  3-5 bedrooms and 1540 square feet to 3493 sq. ft.  If one of these or any other Desert Ridge home interests you, I'll be happy to assist you with your search.  See the link below for all currently available homes in Desert Ridge.
There are now currently 84 active listings of homes for sale in Desert Ridge, which reflects a handful of closings this past Friday.  These listings encompass all areas and styles within Desert Ridge.  Desert Ridge … (0 comments)

foreclosure: I really want that property but can't pay cash! - 07/16/09 11:03 AM
One of the common problems right now in the foreclosure market are willing buyers who can't pay cash for properties that need some work.  Many properties won't get financed by FHA due to condition, leaving the alternatives to be conventional or cash.
There is a loan program that many people have heard of but just don't know enough about.  That is the 203k Re-hab loan.  There was an excellent ActiveRain post by Colleen Craig on the subject that you could call 203k for Dummies.  It is a simple explanation of how it works.  Great job Colleen.  See it here
Adam Tarr, … (0 comments)

foreclosure: Queen Creek Brief - 08/08/08 05:28 AM
Hello,
I recently went to Queen Creek to do a walk through for a client, and thought that I should provide a brief market thought on the area.  Check out the video below
 
 http://www.vimeo.com/1466523
 Adam Tarr, ePro,ABR,Assoc. BrokerRE/MAX ExcalbiruScottsdale, AZ480-483-3333Adam@WeAreAZRealEstate.com
info@WeAreAZRealEstate.com
(0 comments)

foreclosure: HR 6694 - Will Down Payment Assistance Return - 08/08/08 05:15 AM
HI,
Last week the President signed H.R. 3221 also known as the Foreclosure Prevention Act.  There has been a lot of coverage about this, and of course a lot of debate on whether this will truly have any effect on the market, as well as whether anybody should be bailed out. 
What doesn't get the coverage, are the many other facets of the bill.  There are many aspects, positive and negative (depending on your perspective), but one that has received some outcry is the virtual elimination of Down Payment assistance.  DPA programs like Ameridream and Nehimiah have aided about 1 milion families since 1999.  … (3 comments)

 
Adam Tarr, PC -GRI, ABR, CDPE, RSPS, ePro - Designated Broker (MavRealty)

Adam Tarr

PC -GRI, ABR, CDPE, RSPS, ePro - Designated Broker

Phoenix, AZ

More about me…

MavRealty

Address: 17550 N Perimeter Drive, Ste 160, Scottsdale, AZ, 85255

Mobile: (480) 236-7374

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