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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

December 2008

Phoenix Real Estate Blog: 5 Tips for a Better Mortgage

Dec. 30, 2008
It doesn’t cease to amaze me: the fact that so many mortgage lenders blatantly committed out-and-out fraud during the real estate boom. An article Saturday in the New York Times, “Saying Yes, WaMu Built Empire on Shaky Loans” shed light on WaMu’s

Phoenix Real Estate Blog: Renters Forced Out by Foreclosure

Dec. 29, 2008
An article last Friday, by the Associated Press, drew attention to a lesser-known consequence of the foreclosure crisis: renters being forced out of a lease when a bank takes possession of the home.

Phoenix Real Estate Blog: 4 Steps to Better Credit

Dec. 27, 2008
Even if the credit scoring system changes, your credit score will still be negatively affected if you’ve missed payments or defaulted on credit accounts, for example. If that’s the case, you’ll need to take steps to actively repair your credit. I

Phoenix Real Estate Blog: 53% of Modified Mortgages Re-default After Just 6 Months

Dec. 24, 2008
At the Third Annual National Housing Forum in Washington D.C. the week before last, Comptroller of the Currency John C. Dugan gave his audience a “sneak preview” of a soon-to-be-released report showing the re-default rate on loans that have been modif

Phoenix Real Estate Blog: Faulty Credit Scoring System Contributed to the Subprime Mortgage Crisis, Expert Says

Dec. 24, 2008
J. Craig Anderson posted an interesting blog last week about a “Better mousetrap for credit scoring.” His premise is that, perhaps, a faulty credit scoring system contributed to the subprime mortgage crisis.

Phoenix and Scottsdale November Real Estate Market Update

Dec. 18, 2008
Welcome to the tenth 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.

East Valley November Market Update

Dec. 17, 2008
Welcome to the tenth 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 Greater Phoenix Area November Real Estate Market UpdateArea November Real Estate Market Update

Dec. 17, 2008
I’m no longer going to be producing my monthly real estate news videos for Realty Times -- but not to worry; I’m still going to be sharing the monthly real estate market updates with you every month on my blog. So, read on for a snapshot of what went

Phoenix Real Estate Blog: Fun Activities and Events in the Phoenix Area in December, Part 2

Dec. 15, 2008
Below you’ll find a list of the great activities going on in and around Phoenix in the second half of December (and don’t forget New Year’s!). The events that run throughout the month were listed in my December events Part 1 blog posting – so che

Phoenix Real Estate Blog: Experts Say, “It’s Going to Get Uglier Before It Gets Better”

Dec. 12, 2008
On Wednesday, business leaders and economic experts met at the 45th Annual W. P. Carey School of Business/JPMorgan Chase Economic Forecast Luncheon. Speaking on the Arizona economy, ASU economics professor Lee McPheters and local real estate expert Ellio

Phoenix Real Estate Blog: 6 Tips for Buying a Home at Auction

Dec. 11, 2008
As I wrote in my November 19 post, “Foreclosure sales continue to represent good deals for savvy real estate investors and other home buyers in the area — in October the median price of a foreclosure sale in Maricopa County was 9 percent less than the

Phoenix Real Estate Blog: Fun Activities and Events in the Phoenix Area in December

Dec. 5, 2008
Below you’ll find a list of the great activities going on in and around Phoenix in the first half of December. Enjoy! And if I’ve missed your favorite activity, click on the “Comments” link and let me know! As always, thanks to About.com for