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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October 2007
Oct. 31, 2007
The Fed announced today that it would cut its two key rates: the federal funds target rate and the discount rate, each by a quarter of a percent. (That brings the federal funds target rate to 4.5% and the discount rate to 5%.)
Oct. 29, 2007
What to do about all of the unsold homes?
The bottom line, we’re beginning to realize, is that builders and individual home sellers will have to cut prices dramatically in order to clear the excess inventory of unsold homes on the market right now.
Oct. 27, 2007
The City of Phoenix and Maricopa County stepped in to offer down payment and closing cost assistance – as well as low fixed rates. A recent article in the Arizona Republic said that $40 million in mortgage incentives is available for qualified recipient
Oct. 24, 2007
Permanent house swapping – literally trading your house for someone else’s – is a real phenomenon. And it may be catching on in the Valley.
Oct. 22, 2007
Phoenix is, and will continue to be, a great place to find real estate deals because of economic fundamentals – factors like strong job growth and population increases that underpin a strong real estate market.
If that’s not enough good news for in
Oct. 19, 2007
in hot investment locales (like Arizona) “defaults on mortgages where the owner doesn't live in the house are a major driver” of foreclosures.
Oct. 17, 2007
At the Mortgage Bankers Association 94th annual convention this week, mortgage bankers agreed: subprime loans will return, but they will look different than they did during the most recent real estate boom.
Oct. 15, 2007
Phoenix is one of the 10 best places for real estate deals, according to Forbes.com. The early bird catches the worm, as they say!
Oct. 12, 2007
Learn how to profit from foreclosures as an investor.
Oct. 10, 2007
Learn what the government is doing (or proposing to do) to help homeowners facing foreclosure.
Oct. 8, 2007
Learn why foreclosure rates are so high right now. If you're facing foreclosure, learn what you can do to save your home.
Oct. 5, 2007
Welcome to MyPhoenixMLS.com Blog! 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
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