Over 78% of sales occur $200k & under!
I was sent this 2010 market data from Active Finance Group, LLC. Very interesting statistics of what is actually selling these days! I find this to be true in my experience - all my buyers are buying homes under $200,000 lately! Click here to see the newsletter in a new window. - Becky Total Jan-10 Closings 5575 Sales price No. sales % [...]
What is a HUD Repo home?
Wednesday, November 18, 2009
What is a HUD home? If a loan that is insured by the Federal Housing Administration (FHA) goes into default, the lender must take steps to collect on the loan. This may result in the lender taking possession of the Real Estate Collateral. If this occurs, the lender may submit a claim against the FHA insurance [...]
Phoenix Market Snapshot
Tuesday, August 18, 2009
What is REALLY going on with Phoenix area real estate? Here are the statistics as of 8/17/2009 - Properties For Sale in Phoenix-Metro area: 31,383 (it had been as high as 58,000 in ‘07/’08!) Lender Owned (foreclosures) for sale: 4,631 Short Sales for sale: 7,364 Properties under contract: 12,602 - 18,641 if you count those still in their inspection period. ACTIVE (for sale) listings [...]
Auction Results from Phoenix Convention Center
Thursday, June 18, 2009
I attended the REDC auction with homebuying clients on July 13th, 2009. The day before the auction I let my clients inside each house scheduled to be auctioned with my special REALTOR key. We saw 8 homes and they decided to bid on 5 and they got 1! REDC was auctioning off 400+ homes/condos/land I arrived at [...]
Seller’s Market under $250,000
Monday, June 8, 2009
The definition of a “buyer’s market” has traditionally meant that the supply is greater than the demand. Specifically, more than 5 months worth of inventory/supply is considered a buyer’s market. Obviously, the seller trying to sell her $900,000 house will be willing to negotiate a lot, make repairs and kiss your feet if [...]
Ugly House Award
Sunday, June 7, 2009
I went to see this bank-owned house for sale for one reason - I thought it was a great deal. IF you can get over how ugly it is from the exterior. To see the “bird eye view” map of this house and amazing lot - click here. $369,900 (117 price per square foot) 3,159 square feet [...]
Beautiful Home with Smart Floorplan
Monday, April 13, 2009
This home just hit the market and I expect it to be a popular one! Let me know if you’d like to see more pictures! I have a ton! -Becky Beautiful home w/smart floorplan. Highly sought-after Ponderosa Trails westside neighborhood w/walking trails. This sophisticated home has 4 generous sized bedrooms + office, 3.5 bathrooms & a [...]
Add 10 points to your credit score
Tue, Mar 9, 2010
Here is a helpful tip from a smart loan officer - Ryan Halldorson. His contact info is below if you need some advising about getting a mortgage loan. -Becky Want to add roughly 10 points to your credit score and get a lot less junk mail? Logging in to www.optoutprescreen.com will keep Experian/Equifax/TransUnion from selling your credit [...]
NEW Short Sale advisory handout!
Fri, Feb 5, 2010
It’s HERE! A great resource for learning about all your options before you list your home as a short sale. Also, if you are considering a loan modification, refinance, foreclosure - there are helpful links in this packet for you too! This form was made with the client in mind - www.aaronline.com/documents/ssseller_advisory.pdf It was put together by the [...]
Where’s the Refund?
Fri, Dec 11, 2009
Daily Real Estate News | December 11, 2009 | Where’s the Refund? First-time home buyers who bought as long ago as last winter are still waiting for their $8,000 tax refund. As of mid-September, more than 1.4 million taxpayers had requested the credit by amending their federal tax returns. The IRS announced in October that it expects 5.1 [...]
Tax Credit Extended to 2010 PLUS a NEW credit for repeat buyers.
Wed, Nov 18, 2009
It’s official. President Obama has signed a bill that extends the tax credit for first-time homebuyers into the first half of 2010. The program HAD been scheduled to expire on Nov. 30th, 2009. In addition to extending the tax credit through June 30th, 2010, the extension measure also opens up opportunities for others who are not [...]
See Black Friday Deals Now
Wed, Nov 18, 2009
This huge shopping day is about a week away! The day after Thanksgiving is known as BLACK FRIDAY - mainly because this shopping day alone keeps retailers in the black and profiting! You can see retailer’s ad’s NOW by visiting http://www.black-friday.net/ or http://blackfriday.gottadeal.com/ Wal-Mart just released their ad today…so have Best Buy and JC Penney - it’s all there. Also [...]
City of Phoenix $15,000 downpayment grant program
Wed, Nov 18, 2009
UPDATE * (as of Dec. 2011) Hi Becky, Thank you for taking my call this morning; as discussed, I have outlined some of the program improvements and highlights below. Also feel free to refer to the website for additional information www.phoenix.gov/nsphome. The Homeownership Assistance Program is in close out mode, there are only 4 slots left. The purchase price [...]
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- Over 78% of sales occur $200k & under!
- What is a HUD Repo home?
- Phoenix Market Snapshot
- Auction Results from Phoenix Convention Center
- Seller’s Market under $250,000
- Ugly House Award
- Beautiful Home with Smart Floorplan
- PROS and cons of buying a foreclosure
- Help for homeowners who “played by the rules”
- Fannie Mae Rolls-Back Investor 4 Property Limit
Tuesday, March 9, 2010
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