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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December 2007
Dec. 31, 2007
This New Year’s Eve, as you plan all of the things you’re going to do next year – join a gym, clean out the closet, give up chocolate – whatever, add one more to your list: if you’re going to be buying a new home or refinancing your existing mor
Dec. 28, 2007
Today’s New Year’s resolution will help you save money all year round by reducing your energy costs. And, it will help save the environment, too. Listed below are 7 tips for reducing energy waste around your home.
Dec. 26, 2007
Today’s New Year’s resolution will help you if you’re thinking of buying a home, refinancing your current mortgage – or asking for any kind of loan. So let’s all resolve to clean up our credit or – if it’s already spick-and-span, to keep it
Dec. 24, 2007
It’s a day to celebrate in a slower housing market: you get an offer on your home. But then you look at the number and your face turns red – it’s so low, you can’t believe anyone would dare suggest that your precious home is worth so little.
Ta
Dec. 21, 2007
Last month, I wrote a post, called “Maybe the IRS isn’t so bad after all? Oh wait, never mind” about the IRS rules on taxation of cancelled debt as income. Basically, the rules say that with a few exceptions, if a homeowner’s lender agrees to a sh
Dec. 19, 2007
When I heard on the news yesterday that housing construction starts had fallen in November – down 3.7% across the U.S. from October and off 24% from November of last year – I was happy. That’s right. The dip in housing construction starts and perm
Dec. 17, 2007
Certainly, being a real estate agent isn’t rocket science. But neither is financial planning, or accounting, or any of the other professional service jobs we use to make our lives easier. Sure, you can sell your home yourself. But 67% of people who sold
Dec. 14, 2007
Last week, the Bush Administration, mortgage lenders, and investors together agreed on a plan to freeze certain subprime rates for 5 years. The negotiations, between Treasury Secretary Henry Paulson, and mortgage industry executives, came in the face of 2
Dec. 12, 2007
Yesterday the Federal Reserve decided again to lower the federal funds target rate by another 0.25% -- to 4.25%.
Dec. 11, 2007
There are presents to be bought, decorations to be hung, cookies to be baked. Who has time to buy or sell a home during the holidays? If you’re trying to sell your home right now, you may be inclined to take a “break” during this holiday season.
Dec. 7, 2007
A recently released National Association of Realtors (NAR) market report for the Phoenix area talked about the housing market in the Valley. This is the third in a series of posts explaining some of the NAR’s findings.
One of the most commonly cited
Dec. 5, 2007
Experts at the 44th Annual Chase/W. P. Carey Economic Forecast Luncheon (including S&P’s Chief Economist, JP Morgan Chase’s Senior Economist, ASU Economics Associate Dean, and local Economist) said that a dark cloud of uncertainty hangs over Arizona
Dec. 3, 2007
According to the report, prices in the Phoenix region decreased an average of 2.7% in the second quarter of 2007 over the same quarter in 2006. But prices in the second quarter of 2007were up 59.9% over the same quarter of 2004. The moral of the story: if
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