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2009
Nov. 6, 2009
Looking for something to do? Gear up; the month of November is ready for you! Packed with fun filled events to keep everyone and anyone busy all month long. Check them out (and thanks, as always, to About.com for the listings):
Nov. 6, 2009
Earlier today the House signed a bill that will extend (and expand) the first-time homebuyer’s tax credit and introduce a similar credit for people who already own their home but need to move. President Obama is expected to sign the bill into law on Fr
Oct. 30, 2009
On Tuesday I blogged about the fact that home prices rose in Phoenix for the third straight month since August 2006. But there’s more good news: the number of home sales was up, too -- across the nation, actually -- leading one real estate expert to dub
Oct. 28, 2009
Home prices rose in the Phoenix area for the third straight month in August ¬ – a sign that the real estate market may well have hit bottom and caught the recovery wind.
Oct. 7, 2009
In a word: Yes!
The anecdotal evidence
I’m listing a house for a friend in Queen Creek, one of Phoenix’s “bedroom” communities – hit particularly hard by the real estate crash. She’s short-selling her house because it’s worth about $1
Oct. 7, 2009
From Oktoberfest to Halloween, October in the Valley has events to please folks of every persuasion. Check them out (and thanks, as always, to About.com for the listings):
Oct. 2, 2009
Imagine lying awake at night listening to your brand new, $357,000, golf course home cracking. Or needing to replace the roof on your new home even before you replace its light bulbs. Or being forced to move out – just months after you moved in – be
Sep. 28, 2009
I know I just wrote a response to a Realtor.com “Hot Topic” – about what goes in to your credit score and how it affects you as a home buyer. But their most recent hot topic was too interesting to pass up. The question: “Should you continue to p
Sep. 24, 2009
Last week Realtor.com asked “Do you know what affects a homeowner’s credit rating?” It’s a good question – and an important topic – so I thought I’d blog about it today.
The most commonly used credit scoring method is the FICO score. Th
Sep. 16, 2009
I decided again this month to look to Trulia to help me give you a more a detailed analysis of what’s going on in the Phoenix and Scottsdale real estate markets. A couple of notes:
• Median sales price, recently sold, and foreclosures numbers are
Sep. 11, 2009
I’ve said it before and I’ll say it again: now may be a great time to buy a house in Phoenix. Have home prices stopped falling, for good? Will they rise again soon? I can’t answer those questions, but I can offer two great reasons to buy now:
Sep. 9, 2009
When I can, I like to respond to the Realtor.com “Hot Topic” which they typically refresh every week or so. This week’s is “Will credit flow more easily again?” My answer, in two words: Yes, but . . .
Sep. 9, 2009
Need to get out of the house? There are plenty of fun activities to do in the Phoenix area during the month of September. Check them out (and thanks, as always, to About.com for the listings):
Sep. 2, 2009
No, my “paste” function didn’t get stuck on repeat. The fact is that marketing your home is the most critical factor that will determine whether, when, and for how much you sell your home. It should be steps 1, 2, and 3 when you’re listing a hom
Aug. 26, 2009
There was an article last week in SmartMoney Magazine about how the housing bust has transformed the real estate market into a first time homebuyer’s paradise. “In this market, first-time buyers are getting VIP treatment. Indeed, they’re the star p
Aug. 21, 2009
As you know, I usually get my monthly market statistics from ASU, but the Real Estate Studies director Jay Butler said they’re having some problems with their programs and the numbers will be a while. So this month I turned to Trulia, which offers deta
Aug. 18, 2009
As I was driving to meet a client yesterday, I was listening to NPR and the story was about the economy. The central question, as it always is, was whether or not we’ve hit bottom. I won’t go into the details, I mention it only to recall what the in
Aug. 14, 2009
Trulia reported today that as of August 1, 26% of Phoenix home sellers had made at least a 1% reduction in their original asking price. The average reduction is 13% for a total of $84,109,665.
Aug. 12, 2009
You think your real estate agent is working for you. But is he?
Maybe. Then again, maybe not.
Aug. 10, 2009
I blogged the week before last about strategic defaults -- when a homeowner decides to default on a mortgage (typically through a short sale or by letting the bank foreclose) even though he can still pay the mortgage. Typically, a homeowner does a strate
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