If you're looking for a home in Phoenix, there's no time like the present. Last week the benchmark 30-year fixed-rate mortgage rates in the area fell to 4.65%, which is slightly lower than the national average of 4.66%. There are also a lot more homes for sale to choose from right now, so your chances of finding that distinctive home you've been looking for are higher. In August 2013 the supply Continue Reading
Home Buying
Metro Phoenix Real Estate & Financing for Canadian Buyers
A question that comes up a lot in financing is whether you have to be a US citizen to finance a Phoenix, Scottsdale or Paradise Valley home for sale. More specifically the question is often “Can you finance Canadian buyers?” The answer is you DO NOT have to be a US citizen. You can be a “permanent resident” alien or “non-permanent resident” and have access to the same loan types and products as Continue Reading
The Metro Phoenix Real Estate Market is Back According to ASU’s W.P. Carey School of Business
Five years after the housing bust metro Phoenix real estate is hot again. Here are some quick stats and a link to the August 2013 Phoenix Magazine article with more data. The article also has great info on some hot neighborhoods, schools, shops and restaurants. Foreclosures: down 27% year-to-year 2012 median home sales price: $134,000 2013 median home sales price: $175,000 Increase Continue Reading
3 Huge Reasons a 3% Down Conventional Home Loan May Be for You
Over the last few years, FHA loans have been a popular choice with many home buyers looking for Phoenix, Scottsdale or Paradise Valley homes for sale. The ease of credit guidelines, a limited amount of down payment and low rates made this a common loan program. However, an FHA loan is not as attractive to buyers as it once was due to a few factors: 1). FHA loans have an increased funding fee of Continue Reading
Gorgeous Contemporary Home for Sale in Phoenix, AZ.
If you're looking for a contemporary home for sale in Phoenix with high end finishes you've got to give me a call for a private showing of this one. CeasarStone countertops, cement paneling, and limestone and bamboo flooring are just a few of them. MLS # 4942347 (4410 N. 27th Str. #8 Phoenix, AZ. 85016) If this one just won't do please tell me what you're looking for. I love finding homes for Continue Reading
Will Interest Rates for Metro Phoenix Real Estate Come Back Down?
Tom has been in the lending industry for over 15 years and is an excellent mortgage pro when it comes to Phoenix real estate. Here's a post from him on interest rates: A great question being asked in the market right now is “Will interest rates come back down?” and “Should I wait for rates to go back down?” The answer is “Do not wait.” and “Take action now!” Rates are clearly off of their best Continue Reading
