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MyPhoenixMLS.com Blog

Blog by Bob Stahl
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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MyPhoenixMLS.com Blog

2008

Greater Phoenix Real Estate October Market Update I: East Valley Condo Market Gets a Boost, Single-Family Market a Mixed Bag

Nov. 26, 2008
Welcome to the ninth 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 conditions in

Greater Phoenix Area October Real Estate Market Update

Nov. 20, 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 October. Did you miss my last Realty Times news video? You can check it out here: http

Phoenix Real Estate Blog: 5 Steps to Smart Foreclosure Investing

Nov. 18, 2008
On Sunday, I posted a blog about mortgage modifications for homeowners who are having trouble making their payments. But what about the flipside of the discussion -- when a homeowner simply can’t (or doesn’t want to) continue paying the mortgage (or

Phoenix Real Estate Blog: More Mortgage Modifications on the Horizon?

Nov. 17, 2008
Last Tuesday, the AP headline read “Big banks step up efforts to modify mortgages.” The article talked about how Citigroup has jumped on the modification train, announcing that it would work to help “at-risk borrowers” keep their homes.

Phoenix Real Estate Blog: After a Housing Market Bust, Some Homeowners Are Still Living in a Bubble

Nov. 13, 2008
Earlier this year I blogged about the disconnect between some homeowners’ perceptions of the value of their homes and the actual value. I wrote about a Zillow.com study which revealed that in the Western U.S. 36% of homeowners thought the value of thei

Phoenix Real Estate Blog: The Weather’s Cooling Down -- Time to Get Out and Play! Fun Things to Do in the Phoenix Area in November

Nov. 11, 2008
HOLIDAY ACTIVITIES Glendale Glitters Spectacular What: Glendale's kick-off to the holiday season. A million lights, music, fireworks, crafts, train rides, Santa and more. When: November 28, 29 Where: Glendale

Phoenix Real Estate Blog: Proposition 100 Passes but 201 Fails

Nov. 10, 2008
Americans went to the polls in record numbers on Tuesday -- in what’s rightfully being called an historic election (no matter which presidential candidate you voted for, it’s hard to argue against the election’s historic nature).

Phoenix Real Estate Blog: Nearly One-Third of Arizonans Are “Underwater”

Nov. 5, 2008
29.2% of Arizonans are underwater -- not literally, of course, but figuratively in the sense that they owe more on their mortgages than their homes are worth. Take 10 people on the street and 3 of them are in this situation.

Phoenix Real Estate Blog: New Loan Modification Plan May Be in the Works

Nov. 5, 2008
According to an Associated Press article on Wednesday, the government may be preparing a massive new loan modification program designed to help 3 million homeowners save their homes.

Phoenix Real Estate Blog: Need a New House? Remodel Your Old One? Tips and Tricks to Make it Work

Nov. 3, 2008
With housing prices down -- in the double digits compared to last year, in most areas of the Valley -- many homeowners looking for a change of venue simply can’t make a good financial case for selling now (if they can afford it at all -- many homeowners

Phoenix Real Estate Blog: How You Can Make Your Home More Energy Efficient

Nov. 3, 2008
Last night in Barack Obama’s 30-minute “infomercial” (see what three-quarters of a billion will buy you?!) he called on us to do our share in reducing our dependence on oil and dirty energy-producing technologies. So, heeding the call, I figured I

Greater Phoenix Real Estate September Market Update II: Foreclosures Present Good Opportunity

Oct. 30, 2008
Welcome to the eighth edition of the MyPhoenixMLS area-specific market conditions update. Today, I’ll describe what’s gone on in the Scottsdale, Paradise Valley and Phoenix area real estate markets this past month.

Phoenix Real Estate Blog: Are McMansions History?

Oct. 30, 2008
The trend began in California but quickly spread to other states where the housing boom was taking off -- Nevada, Florida, and our own Grand Canyon State: rows upon rows of new tract homes -- large homes, often with expensive amenities but cut from simila

Greater Phoenix Real Estate September Market Update I: East Valley Home Sales Up, Prices Still Down

Oct. 28, 2008
Welcome to the eighth 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 conditions in

Greater Phoenix Area September Real Estate Market Update

Oct. 28, 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 September. Did you miss my last Realty Times news video? You can check it out here: ht

Phoenix Real Estate Blog: Proposition 201 -- Homeowners’ Bill of Rights

Oct. 22, 2008
In August I wrote a post about real estate-related propositions that would show up on the November ballot. As November 4 is fast approaching, I thought I’d take a more in-depth look at one of those propositions, which has caused quite a stir around tow

Phoenix Real Estate Blog: The Art of Budgeting

Oct. 16, 2008
Last month, the clock in New York City that tracks the national debt ran out of room. “Last month, as the national debt exceeded $10 trillion for the first time, the clock ran out of digits to record the number.”

Phoenix Real Estate Blog: Has the Stock Market Hit Bottom?

Oct. 14, 2008
I’ve been getting regular e-mails from a friend of mine who used to be a financial adviser and still avidly follows the stock market. He’s been talking for a while about the stock market bottom -- it’s been elusive. A look at his notes over the

The Solution to Falling Real Estate Prices: The Wrecking Ball Response???

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

Phoenix Real Estate Blog: What Does $700 Billion Buy Us?

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
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