ARCHIVED BLOG POSTS

2013 

Arizona hard money As mentioned in an earlier blog, home prices across the nation are rising as it joins the rest of the nation in a recovery –albeit slowly- economy. How is this happening, you might ask. NAHB Chief Economist David Crowe claims the following points are helping this economy along...
07/22/2013
Arizona hard money Very recently, construction has increased six percent, which is already showing up as a strong 2013 trend. Of course, we aren’t doing as well as we did in the 1990s or the early 00s, it is still a nice surge and may see us back around 2005 levels in the year 2016. For people w...
07/22/2013
Arizona hard money Focusing on the growing economy, which has strong private sector growth, can show you that the housing market will most likely quickly grow right along side of it. Except more in the coming year, says expects. And be optimistic. While the high unemployment rate and the challen...
07/22/2013
Arizona hard money The housing market makes up approximately 15 percent of the U.S. GDP. As you might have seen, how well the housing market does directly reflects how well the economy is. We all know that the lack of growth in the housing market means that there is significant drag on the econo...
07/22/2013
Arizona hard money You might be paying too much for your license bonds if you are paying a premium of more than $5 per thousand (or 0.50 percent) of the bond amount. However, the premium you pay is certainly dependent on various underwriting factors: 1. Do you have decent credit? Not great. Just...
07/22/2013
Arizona hard money The April 2013 loan modification data released by HOPE NOW has determined that an estimated 70,000 homeowners received permanent, affordable loan modifications from mortgage servicers during the month. This total includes modifications completed under both proprietary programs...
07/21/2013
Arizona hard money In May 2013, distressed homes, that’s to say, foreclosures and short sales accounted for 18 percent of May sales. This is unchanged from April. Fewer distressed homes, which generally sell at a discount, account for some of the price gain. When you boil down the numbers, 11 pe...
07/21/2013
Arizona Hard Money Recently, a report released by RealtyTrac stated that as of June, homeowners had vacated 167,680 foreclosure properties all across the US. This represents 20 percent of all U.S. properties that are currently in the foreclosure process. These are in addition to 544,274 bank-own...
07/21/2013
Arizona Hard Money According to the National Association of Realtors, in May, there was happy celebration as existing-home sales improved and these numbers remain solidly above a year ago, while the median price continued to rise by double-digit rates from a year earlier. Total existing-home sal...
07/21/2013
Arizona Hard Money Here’s the thing: More than 25 percent of homeowners nationwide are upside down on their mortgages. Nowadays, more and more homeowners are choosing to stay in their homes and invest in home improvements and make the most of their situation. It makes sense, considering not only...
07/19/2013