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The legislation - likely to be enacted soon - devotes $300 billion to helping troubled homeowners avoid foreclosure. The House on Wednesday passed a $300 billion housing rescue bill aimed at helping troubled homeowners avoid foreclosure and supporting
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Hot Market: Phoenix Provides Lesson in Real Estate Trends by M. Anthony Carr The Phoenix real estate market is beginning to show signs of life again. Jay Butler, director of Realty Studies in the Morrison School of Management and Agribusiness at Arizona
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Bright spots are popping up amid the Valley's gloomy housing market with some builders reporting increased sales. National builder Shea Homes said that sales so far this year in its active adult communities were up 10 percent from the same time a
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Investing in real estate used to be considered a "no brainer," a can't-miss investment. But these days, this sure thing isn't so sure. Home prices keep falling. Standard & Poor tracking shows prices down 7.7 percent nationally in
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Little change is expected in existing-home sales over the next few months, before improving notably during the second half of the year, according to the latest forecast by the NATIONAL ASSOCIATION OF REALTORS ® . Lawrence Yun, NAR chief economist,
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Phoenix takes third place for 2007 population gains The Business Journal of Phoenix The Phoenix area saw the third-highest population increase in the nation last year. According to the U.S. Census Bureau, more than 132,000 people were added to the Phoenix-Mesa-Scottsdale
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5 Great Reasons To Buy Now It is finally spring in Arizona, great weather, spring training and the desire to get out and enjoy the scenery. Maybe even get out and see a few homes, discover for yourself what is available. There are actually some compelling
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Lease-to-Own Lease-to-own agreements can help sell a hard-to-sell property during a sluggish housing market. Here’s how they work: A seller agrees to rent a property to an interested buyer for a set period of time, usually one to three years. At
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FHA limit change may help some Valley homebuyers Some Valley homebuyers may get the boost they need to qualify for a mortgage, following a government decision Wednesday to hike the limits for loans insured by the Federal Housing Administration. The new
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Six Signs It's Time For Home Buyers To Buy If you're waiting for signs of a housing bottom, join the club. Nobody blows a whistle and say, "It's time to buy!" That's why market timing is an art, not a science, but you can improve
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Home prices in the state of denial Despite numerous reports showing home values in historic decline, more than three out of four homeowners believe their own home has not lost value in the past year, according to an online survey. The survey was conducted
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Down Payment Assistance Programs ............................................................................... Down Payment Assistance Programs (DAPS) are loan programs designed to assist first-time home buyers with the required down payment and closing
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I was reading a MLS web news letter and found this article that I do agree with. It is written by real estate agent Paul Pastore. I thought I would share it with you: 1. Selection, selection, selection. Regardless of the price range a buyer desires, there
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Mortgage rates drop below six percent Second time in more than two years; 30-year fixed amount is 5.87 percent WASHINGTON - Rising worries about a weak economy pushed rates on 30-year mortgages below the 6 percent mark for only the second time in more
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Arizona foreclosures fall for 3rd month in a row The number of foreclosure filings reported in Arizona fell for the third month in a row in November — even as the mortgage crunch continued to squeeze borrowers. A total of 5,767 filings — including
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