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Down Payment Remains Obstacle to Home Ownership
Wedding Registries for Home Downpayments? --> Forget the toasters and champagne flutes: More engaged couples are doing a different type of wedding registry that allows them to collect cash for a down payment on a home, according to a recent article in Read More...
Phoenix is showing Job growth....
Phoenix area gains 7,200 jobs over past year The Phoenix area added 7,200 jobs during the past year, good for No. 26 in the nation among 372 metro areas. A total of 266 metropolitan areas gained employment between January 2010 and January 2011, according Read More...
Faulty paperwork slows Arizona foreclosure
Faulty paperwork slows foreclosure activity, survey shows Banks seized about 69,532 homes in April, down 8.6 percent from March The number of Americans who lost their homes to the bank fell in April as faulty paperwork continued to slow foreclosure activity, Read More...
Sign... sign... Every where a sign... The sign of Recovery
Rising home sales point to a recovery I love that song "SIGN" .... Sign sign everywhere a sign from the Five Man Electrical Band and I also love that the Real Estate world here in Arizona is starting to show some signs of recovery too.... Sales Read More...
Associated Press Misquote of Arizona MLS - ARMLS Data
Associated Press Misquote of Arizona MLS - ARMLS Data Yesterday, two writers from the Associated Press put out a story that said that 70% of the homes in Phoenix are at risk of foreclosures. By the end of the day the story had gone viral on the Internet Read More...
Oklahoma -vs- Connecticut "UConn"- Fiesta Bowl 2010
Oklahoma, UConn arrive for Fiesta SCOTTSDALE -- Connecticut's plane banked over the mountains east of town and gently touched down at Sky Harbor Airport to find a frozen Phoenix Arizona . Pulling up to a white tent with a big welcome sign and a mariachi Read More...
HomePath homes in Arizona
Fannie Mae program designed to cut inventory concerns some PHOENIX - Faced with a large inventory of empty homes, Fannie Mae has a program aimed at selling its foreclosed homes. The program, HomePath , allows potential buyers to put down as little as Read More...
Sales of existing Scottsdale homes up 36% in 1st half of year
Existing-home sales in Scottsdale jumped 36 percent in the first half of this year, and home construction picked up slightly from its glacial pace. Housing-industry observers remain cautious about where the market is headed because prices have not stabilized Read More...
Bank-owned . . . and not improving until the economy does
Subprime loans were problem, but overall, broader economic woes contributed to pain Home-foreclosure activity has spilled across every geographic and socioeconomic border this year, proving that no community was too cautious, clever or well-funded to Read More...
Young people are potentially the winners in this recession.
A Historic Time to Buy Young people just starting to invest and buying their first homes are potentially the winners in this recession. First-time homebuyers, most between the ages of 25 and 45, accounted for about 45 percent of home sales from January Read More...
Retail Real Estate --- Grim Assessment
Signs advertise available retail spaces in the Chandler Mercado shopping center at the northwest corner of Arizona Avenue and Warner Road in Chandler. Feb. 10, 2009. No improvement seen for retail real estate Store closings will continue to outpace openings Read More...
Housing slump that caused the worst recession in seven decades is abating.
Home prices in Arizona fell less than forecast Sept. 29 -- Home values in 20 U.S. metropolitan areas declined less than forecast in the year ended in July, a sign the housing slump that led to the worst recession in seven decades is abating. The S&P/Case-Shiller Read More...
Scottsdale, Cave Creek & North Phoenix Home sales on the raise
In June 2009, 11,820 resale homes recorded as being sold, while there were 9,980 recorded sales in May and 7,840 sales for a year ago. Foreclosure activity in June 2009 represented 34 percent (4,060 transactions), while there were 7,760 traditional market Read More...
Arizona Foreclosures fall again in May
The number of U.S. households on the verge of losing their homes dipped in May from April, and the annual increase was the smallest in three years. But as layoffs, rather than risky mortgages, become the main reason that borrowers default on their home Read More...
What is your home Arizona Worth? - Do you know? Check by Zip codes!
Do you know what your home is worth in Arizona? SEARCH FOR YOUR ZIP CODE BELOW A house near 44th Street and Southern Avenue in Phoenix sold last month for $33,000. It's in zip code 85042, in Southeast Phoenix, where the price per square foot dropped Read More...
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