Arizona Home Talk

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 % [...]

Where’s the Refund?

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.

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 [...]

City of Phoenix $15,000 downpayment grant program

Here is the scoop about a program I get asked about a lot.  Many mortgage lenders and real estate agents will tell you this program isn’t a viable option.  Two main reasons seem to prevent it from happening - 1) banks won’t accept offers 1% below appraised value 2) the 8 hour class the buyer must [...]

Homebuyer tax credit extended and expanded?

There is a real possibility of an extension of this program through a proposed Bill, but it is not yet a certainty. The extension Bill still must be reconciled between the House and Senate, and then voted on for final approval. Under the current extension proposal, sales with signed purchase agreements by April 30th that [...]

Email Reply RE: $10-$30,000 Houses for sale

Hi Becky, I was recently on your website and think you do a nice job with it. I noticed you pay quite a bit of attention to the auction market. I have been hearing stories of folks picking up fairly nice homes with $10,000- $30,000 cash, and find that almost unrealistic. How common is something like [...]

The Bottom?

Have we reached the bottom of the nasty green pool that has been the Phoenix Real Estate market for the past 3 years? I have been so busy with home buying clients I have not had the time to write 1 new post in the past month! Shame on me. Typically this blog is updated at least [...]

They Took Everything. A Stripped House.

People often ask me if all foreclosures are in horrible condition. The answer is no. I’ve seen perfectly fine bank-owned houses. The former owners are NOT supposed to take ceilings fans, light fixtures and appliances - but those are the 3 items that most commonly disappear with the former-owners. But this house was [...]

Auction Results from Phoenix Convention Center

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 [...]

Agritopia in Gilbert

Agritopia is a popular family neighborhood located off the San Tan 202 in the NW corner of Higley & Ray Roads in Gilbert, AZ. Click on the map below to check out the homes that are currently for sale. From their website: The Agritopia Project is an effort to design and build a neighborly community around an [...]