Arizona
Knowledge is power. The MyPhoenixMLS Blog keeps consumers informed about everything real estate, offering how-to articles on everything about owning a home, from how to protect yourself from foreclosure to seasonal maintenance tips. Advice for real estate investors. Expert analysis of the latest real estate news and market trends. And much more.
All designed to keep homeowners, buyers, and sellers one step ahead.
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Oct. 10, 2008
In yesterday’s post I mused at the end about the effects of the $700 billion “bailout” plan. It’s hard to believe it was just last week that was passed -- it seems like eons ago. Since then, central banks around the world cut interest rates, the
Oct. 9, 2008
Last Friday President Bush signed into law the Emergency Economic Stabilization Act of 2008 -- more infamously known as the $700 billion bailout. It’s the most expensive government intervention in U.S. history. Among the provisions in the 450-page bill
Oct. 7, 2008
So I got a little bit behind schedule last month with the real estate market update -- if it seems like it hasn’t been a month since I posted the last update; it hasn’t. But since the numbers are already out for August, I thought I’d go ahead and s
Oct. 6, 2008
In my last post, I blogged about what the !@#$ has happened to our financial and economic systems. Today, we’ll explore why.
Oct. 4, 2008
Okay, so the $700 billion “bailout” plan is passed -- and President Bush will surely sign it. Maybe now is a good time to reflect on what the !@#$ just happened.
Oct. 3, 2008
We simply can’t separate the fate of Main Street -- to use a fast-tiring cliché -- from the fate of Wall Street.
Sep. 22, 2008
The weather’s still hot, but there are plenty of cool activities for the remaining weeks of September in the Phoenix area. Check them out! (And if I left out your favorite activity, let me know.)
Sep. 19, 2008
On October 1st, a program that has allowed hundreds of thousands (if not millions) of Americans to buy homes will officially be outlawed. It’s the FHA/down payment assistance combination that has allowed borrowers to buy homes without any money down.
Sep. 17, 2008
A recent column in the Wall Street Journal’s “House Talk” posed the question: No sale -- a bad agent or a lousy market? The person who wrote in with the question said that he’d been having trouble selling his 12-year-old home (it’s been on the
Sep. 17, 2008
In my last post, “Whose Fault Is It If Your Home Doesn’t Sell?”, I talked a little bit about the value an agent can (and should) bring to the table -- and how to protect yourself against agents who may fall into market funks (or just fall away altog
Sep. 11, 2008
So it happened. On Sunday the government officially took control of Fannie Mae and Freddie Mac, the two government sponsored mortgage giants that together own or guarantee nearly half of the nation’s mortgages. From the New York Times: “The Bush adm
Sep. 11, 2008
Let’s see what’s gone on in the Scottsdale and Phoenix area real estate markets this past month:
Sep. 10, 2008
Welcome to the sixth monthly edition of the MyPhoenixMLS area-specific market conditions update. Today, I’ll post market conditions reports for the East Valley, including Chandler, Gilbert, Tempe, and Mesa; in my next post I’ll describe market condit
Sep. 4, 2008
It’s here again: time to produce my monthly Phoenix area real estate news video for Realty Times. Read on for a snapshot of what went on in the Phoenix area in July.
Did you miss my last Realty Times news video? You can check it out here: http://
Sep. 4, 2008
I’m back! It’s been a while since I made my last post, but I’m back and ready to bring all the news that’s fit to blog about to your computer screen.
Aug. 13, 2008
According to a new program and report by the American College of Sports Medicine (ACSM) in Indianapolis, in conjunction with the WellPoint Foundation, Phoenix ranks 11th in terms of fitness, among the nation’s 15 most populous cities, plus Indianapoli
Aug. 13, 2008
“We live in a global marketplace. While all real estate is local, not all property buyers are,” said the National Association of Realtors in its recently released 2008 Profile of International Home Buying Activity.
Aug. 7, 2008
So do you want the good news first or the bad news first?
Well, the good news is that the rate of default on subprime mortgages across the nation is starting to slow. According to a New York Times article, “The problems with mortgages made to people
Aug. 5, 2008
It may be hot, but you can’t complain that there’s nothing to do. There are a myriad of events – from cultural to entertainment, educational, and sports – going on in the Phoenix area in August. Check them out. . .
Aug. 5, 2008
On Wednesday, President Bush sat at his desk in the Oval Office and signed into law the Housing and Economic Recovery Act of 2008, a massive housing bill that includes provisions to help struggling homeowners as well as mortgage giants Fannie Mae and Fred
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