ARCHIVED BLOG POSTS
2008
Although I work on Sundays, it is my favorite day of the week. I wake up early , coffee made (is there really any better invention than the coffee timer?) , any way, I digress. I wake up, trudged down stairs to my coffee, take Riley (my Jack Russell Terrier) for a long walk and upon my return sit...
08/29/2008
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A record numbers of foreclosures helped drive down prices 7.6%, according to NAR. In fact, foreclosures and short sales accounted for about one third of all existing homes sales. Real estate prices continued to post steep year-over-year declines during the three months ended June 30, according t...
08/28/2008
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One of the big reasons the FED is not using the "B" word (Bailout) for Fannie Mae and Freddie Mac, helps Bear Stearns and rushed to pass the Homeowner Rescue Act is to instill Consumer Confidence. A difficult task amidst the variety doomsday headlines of the many news media sources. Unfortunate...
08/27/2008
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An increasing number of all types of homeowners, including investors, primary residence and 2nd home owners, are starting to simply walk-away from their homes and mortgages. They are asking the question of themselves , "Why should I keep paying money each month on a depreciating asset?" They ar...
08/27/2008
RL Brown , the premier source for Phoenix area housing data, incuding the cities of Phoenix, Scottsdale, Tempe, Fountain Hills, Peoria, Glendale, Paradise Valley, and communities of Desert Ridge, DC Ranch, Troon, Grayhawk and its most recent report on the the Phoenix housing market showed signs t...
08/26/2008
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There is a new proposed .. Bill of Rights for Arizona Homeowners which would ..... providing a 10-year warranty on new homes. homeowners would have the right to demand either the builder correct construction defects or compensate the homeowner. Homeowners also could participate in the select...
08/26/2008
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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 selec...
08/26/2008
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Just moments ago, the S&P Case Shiller index reported home prices dropping by "the sharpest rate ever in the second quarter, but the data for June suggest the severity of the housing slump may be waning." The index showed "monthly indices also clocked in record declines. The 20-city index fell b...
08/26/2008
his slight variation of Shakespeare's famous line from Hamlet is the question I am hearing from as they buyers ponder and weigh-in on when it comes to that big decision to purchase real estate. "To Buy or Not to Buy" (real estate) ... that is the question! Here are 4 things to consider whether ...
08/26/2008
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11029 N Indian Wells DR, Fountain Hills, AZ, 85268 3 Bed rooms/ 2 Bath rooms 2492 Square Feet two car garage Fountain Hills High School Fountain Hills School District Oversized Lot Golf Course Community Lender Owned - REO (real estate owned) Not a short sale - lender approved bank owned property...
08/25/2008