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Real Estate Predictions for 2009 2009 is likely to be a year of continuing adjustment to a changing real estate marketplace. Prepare yourself and your business with these predictions from HGTV’s FrontDoor.com Web site. Sellers will continue to face
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Buyers Increasingly Suspicious of Foreclosures Fewer buyers are willing to consider purchasing foreclosed property than they were seven months ago, according to a study commissioned by Trulia.com and RealtyTrac. Seven months ago, 54 percent of adults
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30-Year Rates at Lowest in 4 Years Freddie Mac reports a decline in the 30-year fixed mortgage rate to 5.47 percent during the week ended Dec. 11 from 5.53 percent last week and 6.11 percent a year ago. Some lenders are locking in even lower rates as
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See a 3,000-square-foot home, built in 2005, on the auction block with opening bid set at $50,000. Or a possible rental property, built in 1962, with an opening bid of $10,000. It's enough to make your palms itch. But before you raise your paddle,
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Low-rate mortgage plan generates hope Valley would benefit, analysts say Home builders and industry analysts say a proposal to offer federally subsidized mortgage rates as low as 4.5 percent could go a long way toward reviving the Valley's decimated
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There seems to be this big green movement going on. Everywhere you look, something is either “green”, “eco friendly” or environmentally friendly. If you haven’t got in on the big green movement or even if you have, this is
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New breed of investor looks to housing market They don’t plan on a quick flip: ‘Prices have to go back up eventually’ Ross D. Franklin / AP file “You don’t wait for the bottom of the market,” “You wait till it
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No matter the circumstances, there’s a lot of stress a homeowner goes through in a foreclosure or a short sale. The loss of the home itself and any equity can add a lot of anguish to a situation that may be beyond the control of the homeowner from
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Existing home sales in the Valley jumped a staggering 70 percent last month compared with September 2007, overshadowing a 5.5 percent increase in national home resales for the same period. Home resales in Maricopa and Pinal counties rose to 5,749 units
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Anyone looking for advice on how to close a deal in a tough market might get some inspiration from William Bronchick and Ray Cooper, authors of How To Sell A House Fast In A Slow Real Estate Market (2008: John A. Wiley & Sons). Here are some of their
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PARADISE VALLEY In the Phoenix suburbs, a five-bedroom home with a large yard and swimming pool attracted a handful of prospective buyers on a recent weekend afternoon, lured by a reduced price tag and desert mountain views. As he wandered out to the
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The Phoenix area is hosting a wave of real estate investors like we haven't seen since 2005. Unlike the novices who came here during the boom, these are experienced landlords. They're here now because lender-owned homes are selling for bargain-basement
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Good news in market gone bad Foreclosures and pre-foreclosures were up across metropolitan Phoenix in September. It's the expected bad news in the midst of the financial- and housing-market meltdowns. But home sales were up across the Valley last
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IS MY MONEY SAFE -- ?????? When IndyMac bank failed this summer, the lines of nervous account holders trying to withdraw their money made headlines everywhere. But that was an anomaly. The Federal Deposit Insurance Corp. (FDIC) has taken over ten other
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The U.S. Department of Veterans Affairs, whose loans remain one of the few no-down-payment options in this tight market, have made more than 162,000 home loan guaranties this year, an increase of more than 31 percent over the same period last year. The
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