Housing News from The Wizard of Waz

Real Estate Sales Representative - Wizards of Waz Real Estate
maricopa, maricopa arizona, homes, real estate, foreclosures, short sales, homes for sale, investor, investment homes, rentals, information, chamber of commerce, pinal, 85138, 85139, 85238, 85239, new homes, province, cobblestone, rancho, golf, pool homes, single level, cheap



Sorry to be a little late on this report but I noticed on Sunday that it the Maricopa Arizona homes for sale market experienced it's second straight week of an inventory drop and I wanted to see if this was sustained before I commented. Sure enough, I checked the inventory again this morning and ...
Maricopa Arizona Homes for Sale - Weekly Housing Market Report 13MAR13 A slight upsurge in buying activity caused the inventory to drop slightly last week. Buying activity has been very sporadic during the first quarter of 2013 and is well behind the pace of the past few years. Patti and I have b...
Maricopa Homes for Sale - Refinance options Almost 1.1 million mortgages were refinanced in 2012 through the Home Affordable Refinance Program (HARP) beating government estimates. This program is for homeowners that have FNMA or FMAC (Fannie Mae and Freddie Mac) backed loans and is available even...
During a speech at the Mortgage Bankers Association’s Mid-Winter Housing Finance Conference, Federal Reserve Board Governor Elizabeth A. Duke said that "recent gains in the housing market will continue and perhaps even strengthen." Her comments were based on the Feds feeling that the influx of di...
Not a lot of changes going on this past week. Inventory remains relatively stable as pending sales are keeping pace with the new inventory coming onto the market. Since there is only about another month and a half of seasonal buying activity remaining, there is little doubt that the buying "frenz...
This is an excellent article that underscores a few of the points I made in my last post "Distressed Sales Make Up 43% of Home Sales in 2012". In the homes for sale market in Maricopa Arizona, the increase in values is being fueled by just such a thing however it is mostly drive by local investor...
The following article from RealtyTrac reported that 43% of homes sales in 2012 were from dirstressed sales, 22% from foreclosures and 21% from non-foreclosure short sales. This was a 6% decline over 2011. Although this is a signifigant number, it doesn't really tell the whole story, especially in...
After a brief decline the 2nd and 3rd weeks of January, inventory of active homes for sale in Maricopa Arizona continues to hover just below the 500 mark. Althought he sesonal buyers appear to be back in town (as you can tell by all of the out of state/country licnense plates), there appears to b...

Bill "Waz"Wasowicz

local_phone(520) 840-0185
smartphone(480) 390-5043
Contact The Author
We live, work, play and know the Maricopa area. We specialize in Short Sales and Foreclosures and love to help any buyer find the right investment or any seller conduct their sale properly and in the right time. Contact us anytime for updates in listings and the latest in short sales and foreclosures in Maricopa AZ homes.