602.999.8878Here is a great article by Pat Mertz Esswein: After nearly six years of deflating home prices, the housing market is finally, firmly on the path to recovery. For the year ended September 30, home prices nationwide rose by 4.9%, …
Phoenix housing market could rise
Phoenix housing market could rise in 2011 - Arizona State University Professor Karl Guntermann predicts that the Phoenix-area housing market will improve in 2011. “Given the pattern that is emerging, it is likely declines will continue for at least the next …
Phoenix Mortgage Fees Rising Again
Some lenders already are charging borrowers higher “loan-level price adjustments” that take effect April 1 for mortgages delivered to Fannie Mae. The fees will not affect borrowers with FICO scores above 740 and loan-to-value ratios of 75 percent or less; …
Reports show buying cheaper than renting in most major metro areas. (Mesa #4 and Phoenix #5)
Here is a great article from Christine Ricciardi. (Mesa #4, Phoenix #5 on list of where it’s cheaper buy rather than rent) It is cheaper to buy a two-bedroom home than rent one in 72% of major metropolitan …
Second wave of foreclosures in Phoenix? It could be…
Pulled this graph today. It speaks for itself. The question is how these foreclosures will absorb into our Phoenix real estate market?The good news is at least we are through most of the subprime borrowers.
Americans Are on the Move, Study Shows – Growth in Phoenix!
More people are moving, according to Atlas Van Lines’ annual Migration Patterns study. In the 2010 U.S. Census, long-distance moves hit a record low. However, Atlas Van Lines says its recent study has shown monthly increases starting in late 2010 …