Home affordability moved higher last quarter, buoyed by stable mortgage rates and falling home prices in AZ and nationwide. The National Association of Home Builders reports that Q1 2011 Home Opportunity Index reached an all-time highfor the second straight quarter last quarter. Nearly 3 of 4 ho
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05/27/2011
Mortgage rates across the state are near year-to-date lows, but locking them in this week may be difficult. As Memorial Day nears, and Wall Streeters get a head-start on the long weekends, trade volume in the mortgage bond markets will dip. When bond volume drops, mortgage rates get jumpy. It's a
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05/25/2011
An oldie but goodie had 5 calls on this yesterday alone, thought I would republish - Any of the information within if you would like a sheet for your own distribution with your name and logo on it don't hesitate to let me know and I would be happy to send the file to you so you can help your clie
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05/24/2011
Stunning Ranch in gated Terravita with a resort like backyard featuring water feature- views of Winfield Mountain and BBQ Island. Backs to natural arroyo. Newly tiled- fully applianced and huge 3 Car Garage with epoxied floor. Popular Stella Model. Exterior painted in 2009, Dishwasher 2009, Refri
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05/23/2011
Home remodeling projects are expected to top $130 blllion this quarter, their highest total since Q1 2008. A likely catalyst is that the average cost of a home improvement project is falling fast. With the economy loosening up and contractor costs on a downswing, some in Phoenix homeowners are c
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05/22/2011
The Federal Reserve released its April 2011 Federal Open Market Committee meeting minutes Wednesday. In the hours since, mortgage markets have worsened; rates in AZ are higher by 1/8 percent this morning, at least. The “Fed Minutes” is published 8 times annually, three week after each scheduled
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05/21/2011
Distressed Homes Now Selling At A 20 Percent Discount The housing market recovery stalled last month. At least temporarily. According to the National Association of REALTORS®, Existing Home Sales slipped 1 percent in April from the month prior, falling to 5.05 million units on a seasonally-adjus
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05/20/2011
Sherman Oaks California Wednesday the 18th of May was an amazing day for Jeff's office (Ewing and Associates Sotheby's International Realty) and his estate agents as they were exposed to Jeff's vision and direction for his company's goal of rasing the bar for helping the office jump even further
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05/19/2011
House Swapping/Trading Homes – What You Need to Know You may have heard the term “house swapping”. It has been in the news lately and it’s a little-known way for people to trade homes with each other. Fannie Mae and Freddie Mac have had this financing option on their books forever. Documen
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05/18/2011
