Pretty interesting article about why it's time to buy! Your thoughts? http://online.wsj.com/article/SB10001424052702304563104576361522020024248.html?mod=WSJ_RealEstate_LeftTopNews
06/06/2011
According to a recent article by CNN Money, foreclosures are off 30% so far this year. There are a number of different theories for why this is the case. In this article, it's suggested that one of the main reasons is the robo-signing fiaso that banks are stuck in right now. In my last blog,
...
04/20/2011
Last week we talked about shadow inventory and how it effects our real estate market. This week we'll look at a growing problem that is effecting our industry every day: Bank Forgeries and Mortgage Backed Securities. If you saw 60 Minutes last weekend, you caught a glimpse of just how big thi
...
04/11/2011
According to a recent study by the National Association of Realtors (NAR) Arizona has 9 months of shadow inventory which is 60,285 properties. The term 'Shadow Inventory' is referring to properties that are in default but haven't received a notice of foreclosure yet. Officially, these properties
...
03/30/2011
As we near the end of the first quarter of 2011, it looks like this market could be getting back to normal in the near future - at least for the short term. In the Phoenix Metro Area, foreclosure filings have been down significantly, which can only help stabilize the buyers market for the time b
...
03/18/2011
According to an article in the WSJ today, bank regulators are pushing for the minimum down-payment on home loans to be at least 20% down. Most of this regulation is to make loans less risky and avoid homeowners having their properties go 'underwater'. Many are talking about another housing bubb
...
03/02/2011
