RECENT BLOG POSTS
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There is (only) one bright sides to dropping Phoenix real estate prices. Value, affordability and great real estate deals. Wait, that's 3. Oh well. Yesterday, the Case - Shiller home price index of 20 major U.S. cities released a report that showed Phoenix real estate home prices dropped a reco...
01/20/2009
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one of the challenges facing real estate buyers , and thus, home sellers , is the difficulty for home buyer's to obtain loans. We are suffering in many of the towns of Maricopa County, North Phoenix, Peoria, and Glendale where we have been designated a ‘declining area" ; thus tightening credit f...
01/19/2009
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I am not a betting man. Or should I say, I WAS a betting man. That is why I am no longer a betting man. However, I have some friendly wagers with some fans from the great state of Pennsylvania which is the home of the 'other team' that shall remain nameless (Harry Potter reference) who play my Ar...
01/18/2009
There are a lot of Phoenix real estate investors who are renting homes to would-be buyers. Due to the decline in AZ real estate prices and adjustable rate mortgages, many AZ real estate investors and landlords are having trouble paying the mortgage and losing their homes to foreclosure. Yesterday...
01/17/2009
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This 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. Here are 4 things to consider whether now is the right time for you to buy a home here in Greater Phoe...
01/16/2009
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Loan Mod may be replacing Short Sale which replaced ‘Sub-prime' as the word of the year for 2009 The good: salvage credit (potentially) and possibly avoid bankruptcy, .... Lender avoids a potentially larger loss and does not have to take ownership in their (REO) eal Estate Owned inventory The b...
01/15/2009
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During the Phoenix AZ real estate boom, Maricopa County saw a massive amount of development by new home builders in the towns of Peoria, Glendale, Mesa, Gilbert and Tempe. Many parts of north Phoenix , like Desert Ridge (Aviano) also saw home communities virtually pop-up overnight. As a result of...
01/15/2009
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Phoenix AZ, which is in the geographically large Maricopa County which includes many towns including Scottsdale, North Scottsdale, Paradise Valley, Fountain Hills, Mesa, Chandler, Gilbert, Tempe and several others. There are many wonderful choices to live that are golf communities, waterfront pr...
01/14/2009
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announcement to move Troon in to your branch in the coming weeks. They expressed to me your caring support for the Troon agents and your desire to make this a good experience for them. I want to thank you for this. I also want to assure you that your office is on solid footing with us and that...
01/14/2009
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Phoenix AZ real estate has declined sharply. Wall Street is in turmoil. The economy is in a recession. Many Americans are struggling to keep their jobs, 401K's and homes and get on with these tough times. Foreclosures in towns like Scottsdale, Fountain Hills, Peoria, Mesa and Tempe have made real...
01/13/2009