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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August 2009
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
Aug. 4, 2009
They’re a growing problem, especially in those Valley neighborhoods most heavily affected by foreclosures. They’re unkempt yards and houses, and they can wreak havoc on the values of homes in the neighborhood.
Aug. 3, 2009
Two words: heat advisory. Okay, three: yuck. But despite the searing heat, there are a whole bunch of fun activities this month in the Phoenix area. Check them out (and thanks, as always, to About.com for the listings):
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