MyPhoenixMLS.com Blog

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

July 2009

Phoenix Real Estate Blog: My 317st Blog – Taking a Look Back

Jul. 30, 2009

Tagged with: agent, arizona, foreclosure, housing, market, phoenix, prices, real estate, real estate agent, realtor

Today will be my 371st blog. Wow. As I was reading in the New York Times about the roller-coaster ride that has been our housing market over the last several years, I thought, “Wouldn’t it be cool to celebrate my 371st blog with a look back at what

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Phoenix Real Estate Blog: The ABCs of “Strategic” Mortgage Defaults

Jul. 28, 2009

Tagged with: agent, arizona, default, foreclosure, mortgage, phoenix, real estate, real estate agent, realtor, strategic default

Last Friday I posted on the fact that 26% of all mortgage defaults are “strategic” -- where the homeowner can afford the mortgage but chooses to walk away, most often because of negative equity (when the homeowner owes more on the mortgage than the ho

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Phoenix Real Estate Blog: 26% of Mortgage Defaults Are “Strategic”

Jul. 27, 2009

Tagged with: agent, arizona, default, foreclosure, mortgage, phoenix, real estate, real estate agent, realtor, short sale

It feels like I posted just yesterday on the topic of walking away from a mortgage, but I checked and it was in fact 2 weeks ago -- how time flies! Nevertheless, I’m not a fan of belaboring points, but this one just keeps rearing its head -- in the blo

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Phoenix Real Estate Blog: Reading the Tea Leaves, Now May be the Time to Buy

Jul. 22, 2009

Tagged with: agent, arizona, buy, buying a home, home buying, market, phoenix, real estate, real estate agent, realtor

The Associated Press reported today that the gap between the monthly mortgage payment on a median-priced home and the median monthly rent has shrunk from a $777 difference three years ago to $221 today (in other words, today, monthly rent payments are, on

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Phoenix Real Estate Blog: Near the Bottom of the Housing Market in Phoenix?

Jul. 17, 2009

Tagged with: agent, arizona, bottom, economy, housing prices, market, phoenix, real estate, real estate agent, realtor

I don’t really like to do two posts in a row about market statistics -- because it just feels too wonky. But a recent news article about a possible light at the end of the tunnel forces me to do two statistics blogs in a row. The day before yesterda

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