Phoenix Real Estate Blog

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Real Estate Agent - Sterling Fine Properties - AZDRE# BR553129000
Knowledge is power. In that spirit, the MyPhoenixMLS Phoenix Real Estate Blog covers everything that's Phoenix-area real estate, with the goal of helping buyers and sellers navigate the market.
RECENT BLOG POSTS
It seems like the ideal situation: you can’t afford to buy right now (when prices are at the bottom) and/or you can’t qualify for a mortgage. So you sign an agreement that allows you to rent for, say, 1-3 years (which you’d have to do anyway) and then buy the home you’ve been renting at today’s p...
01/27/2010
It’s no surprise that we’re all waiting (me included) with baited breath to see if the economic and real estate recoveries are for-good, or if we fall into a double dip. Yet by many measures (including the widely used S&P/Case-Shiller Home Price Index, last released on December 29), the housing m...
01/25/2010
If you’re a regular reader of the MyPhoenixMLS.com blog, you know that I write often about the Phoenix real estate market – what has happened, what is happening, and what is likely to happen in the future. If you like that kind of thing, there are two upcoming Phoenix real estate market forecast ...
01/20/2010
You know the adage, “If it sounds too good to be true, it probably is?” Well, with the new FHA short sale guidelines announced in December strategic mortgage defaults may well be too good to be true. When I blogged about Phoenix homeowners who could afford to pay their mortgages but were walking ...
01/11/2010
As they say, those who do not learn from history are doomed to repeat it. I see a lot of mistakes that we all made in the real estate year we’d all like to forget. In the spirit of the Janus, the Roman god of beginnings for whom this first month is named, I’ve made a short list of 4 things we sho...
01/05/2010
We’re all wondering: What’s going on with real estate in Phoenix Arizona and the Scottsdale real estate market? Sales of homes in Phoenix have been much higher all year, even relative to the 2004-05 boom years. That’s good news, because it means the inventory of unsold homes is getting depleted, ...
12/18/2009
  On December 2 a thousand or so movers and shakers filled a ballroom at the Phoenix Convention Center to listen to three top economists talk about how neither the economy nor the Arizona real estate market are going to be sunny again in 2010.   Good news Looking at the Housing Affordability Inde...
12/18/2009
On Wednesday, the Senate voted unanimously in favor of a bill to extend and expand the homebuyer tax credit. On Thursday, the House voted 403-12 to pass the measure. Today, President Obama signed the bill – H.R. 3548 – into law. Totaling $24 billion, the law also provides extended jobless benefit...
11/06/2009
    Earlier today the House signed a bill that will extend (and expand) the first-time homebuyer’s tax credit and introduce a similar credit for people who already own their home but need to move.  President Obama is expected to sign the bill into law on Friday.   Here’s what the law does: Extend...
11/06/2009
On Tuesday I blogged about the fact that home prices rose in Phoenix for the third straight month since August 2006. But there's more good news: the number of home sales was up, too -- across the nation, actually -- leading one real estate expert to dub this a real estate "mini-boom."    "There's...
10/30/2009
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Bob Stahl

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Knowledge is power. In that spirit, the MyPhoenixMLS Phoenix Real Estate Blog covers everything that's Phoenix-area real estate, with the goal of helping buyers and sellers navigate the market.