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7 Things Every Home Buyer Should Know About Short Sales.
1. Don't make lowball offers. Every lender has a certain dollar amount they want to net from the sale. Typically first lien holders (lenders) want to net at least 85% of the fair market value of the home. If you lowball, you have a good chance of Read More...
Why Buyers and Sellers Should Seriously Consider Short Sales
We’ve all heard the horror stories about short sales but here are just a few of the important advantages that anyone looking to “short sell” a home or buy a short sale MUST be aware of. •You will be eligible, under Fannie Mae guidelines, Read More...
What's going on With Paradise Valley AZ. Real Estate?
For those interested in Paradise Valley Real Estate, ZIP code 85253 comprises a 17 square mile area encompassing the town of Paradise Valley and a few adjacent sections of the cities of Phoenix and Scottsdale. The boundaries of Paradise Valley and ZIP Read More...
Median Home Prices Across the Metro Phoenix Area
On August 20th, 2009 journalist J. Craig Anderson with The Arizona Republic reported that after a record breaking 27 months of decline in the Valley's median home price, some of the most influential local real-state analysts predict that home values Read More...
The 7 Most Dangerous Short Sale Myths
A short sale can be an excellent solution for a homeowner who owes more on their home than what it is worth and has to sell. Unfortunately a number of myths about short sales have developed and it is important you understand the reality of this process Read More...
Ins And Outs of The $8,000 Home Buyer Tax Credit
Want to know more about the $8,000 homebuyer tax credit? Well, here are the main points of the credit along with a website you can go to for more details. Who is Eligible • The $8,000 tax credit is available for first-time home buyers only. • Read More...
Don't Buy Or Sell In Metro Phoenix Without This Market Data! Average Home Prices, Declines, Increases By Zip Code
I've uploaded the MLS market stats report for the 1st quarter of 2008 for ALL Maricopa County zip codes. Compared to the same quarter in 2007 almost all areas show a decline (not a big surprise there) in the average home price. However a few areas Read More...
This Weeks (May 12, 2008) Phoenix, Scottsdale and Paradise Valley Real Estate Market Trends Reports Are Up And Ready For Download.
This week reports are ready for you to download . The median list price for zip 85018 (Camelback Corridor/Arcadia area) this week is $699,000 which is $5,000 over last weeks median. For other areas like Troon , McCormick Ranch , Paradise Valley , North Read More...
Interest Rates Down, Metro Phoenix Existing Home Sales Up
As we move into May, mortgage rates are slowly dropping. The average rate for a 30-year fixed-rate mortgage has lowered to 6.01 percent, with fees increasing to an average of 1.26 points, according to the Mortgage Bankers Association. Last year at this Read More...
Phoenix, Scottsdsale and Paradise Valley Real Estate Market Trends - Week Of March 24th, 2008
This weeks real estate market trend reports for the following zip codes are ready for download . a. 85262, 85255 - North Scottsdale b. 85013 - North Central Phoenix c. 85258 - McCormick Ranch/Scottsdale/Gainey Ranch area of Scottsdale d. 85018 - Camelback Read More...
Valley Home Sells For $14 Million
Catherine Reagor The Arizona Republic Mar. 18, 2008 12:00 AM A 10,000-square-foot mansion on 5 prime acres along the slope of Paradise Valley's Mummy Mountain has been snapped up for a record $14 million by a Canadian attorney. Jeffrey Slopen of Ontario, Read More...
Current Real Estate Market Trends for Paradise Valley Arizona (85253 Zip code)
On a weekly basis, I'll be summarizing market trends in various zip codes of Phoenix, Scottsdale and Paradise Valley. This week I'm starting with Paradise Valley (zip code 85253). Paradise Valley is situated between Phoenix and Scottsdale and Read More...
Metro Phoenix Real Estate Sales Trends And Market Data By Zip Code Within 20 Minutes...
Well...the "official" response time is within 30 minutes but my tests have shown less than 20... A few months ago I implemented TopProducers "Market Snapshot" on my site and I'm really impressed (so are my site visitors who've Read More...