New Pilot for Short Sales
December 23, 2008 by Short Sale Specialist · Leave a Comment
It’s no secret that short sales are generally much more of a headache than a regular real estate transaction. On top of having the buyer and seller agree to a given sales price, a third party bank has to give its final approval for any short sale to go through. It’s not all [...]
New Listing in Laveen for less than $50/ft!
December 18, 2008 by Tempe Realtor · Leave a Comment
I have an exciting new listing in Laveen. It is 4000+ sqft, 5bed/3br home that has been well taken care of. My sellers are currently asking $200,000, but they will seriously look at all offers! For more information, please visit my Laveen listing.
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First Time Home Buyer Tax Credit
December 18, 2008 by Tempe Realtor · Leave a Comment
When our government passed the Housing and Economic Recover Act of 2008, they created an incentive for first time home buyers. Buyers will be able to claim a tax credit for 10% of the purchase price of their tax return for up to $7500. 2008 is coming to an end, so those that buy next [...]
Is now the right time to buy?
December 12, 2008 by Tempe Realtor · Leave a Comment
This is a question asked by a lot of people. The best way to answer this question is with another question. Do you plan on buying this home to live in? If so, then you will definitely catch the market on the way up when you make your next move. Don’t take my word for [...]
Foreclosures down in Arizona
December 10, 2008 by Tempe Realtor · Leave a Comment
Interesting article from Catherine Reagor over at the Arizona Republic:
Valley foreclosures significantly fell in November, suggesting that lenders are finally working with borrowers to help them pay their loans and that the area’s housing market may have hit bottom.
Last month, 3,826 Phoenix-area homes fell into foreclosure, according to the Information Market. That is down 17 [...]
Just Driving Back to the Office
December 10, 2008 by Tempe Realtor · Leave a Comment
Let’s say you just finished doing a Final Walkthrough with your Client and are now heading back to the office. So you’re on the road, and you notice a firetruck off in the distance. As it approaches, you pull over to the side since that is your civic duty. All of a sudden, it shoots [...]
You Need the Right Personality
December 10, 2008 by Tempe Realtor · Leave a Comment
I read this article today, and I think there are some good points in here. Particularly, I like this quote:
Some personality types appear to thrive amid flux. “Type T” personalities are thrill seekers who tend to be self-confident, are often creative and innovative, have high energy and believe they control their own fate. He says [...]
Maricopa County Market Update for November, 2008
December 10, 2008 by Tempe Realtor · 1 Comment
Here is a snapshot for the entire Maricopa County:
City
Active
Average List Price
New
Pending
Sold
Average Sold Price
Average Sold DOM
Expired
Ahwatukee
42
$ 333,535
5
2
0
$ 0
0
3
Apache Junction
769
$ 236,761
124
45
41
$ 118,967
74
47
Avondale
1254
$ 152,500
272
137
133
$ 148,750
62
53
Chandler
2612
$ 344,579
473
222
226
$ 248,196
81
118
El Mirage
663
$ 104,759
144
75
66
$ 95,016
70
27
Fountain Hills
962
$ 732,890
144
36
28
$ 401,329
95
34
Gilbert
2776
$ 327,046
549
237
243
$ 245,203
78
106
Glendale
3089
$ 203,010
628
245
241
$ 160,298
80
175
Goodyear
1254
$ 263,585
259
106
97
$ 216,000
57
58
Laveen
710
$ 207,620
149
83
64
$ 176,998
58
36
Litchfield Park
572
$ 330,609
105
55
46
$ 223,209
109
25
Maricopa
1423
$ 149,822
343
153
143
$ 131,261
76
59
Mesa
5422
$ 250,779
1025
404
383
$ 183,849
79
265
Paradise Valley
612
$ 2,979,887
72
12
13
$ 2,251,346
176
13
Peoria
2317
$ 293,811
436
157
171
$ 211,803
95
113
Phoenix
17645
$ 243,971
3398
1266
1100
$ 159,007
80
921
Queen Creek
2485
$ 217,366
538
289
288
$ 146,904
66
90
Scottsdale
6905
$ 915,382
1062
268
265
$ 518,469
108
246
Surprise
2365
$ 202,180
487
215
227
$ 177,737
76
110
Tempe
1199
$ 327,872
220
59
61
$ 256,542
94
65
Tolleson
651
$ 142,574
134
79
81
$ 125,853
55
22
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Foreclosure/Distressed Property Update for November, 2008
December 10, 2008 by Tempe Realtor · Leave a Comment
Area
Type
Active
Pending
Sold
Maricopa County
Overall
48478
5213
3850
Bank Owned/REOs
9680
2534
1721
Short Sales
9761
924
704
Tempe
Overall
997
75
61
Bank Owned/REOs
77
17
13
Short Sales
140
9
9
Chandler
Overall
2031
263
226
Bank Owned/REOs
260
90
76
Short Sales
507
47
39
Ahwatukee
Overall
747
76
52
Bank Owned/REOs
72
20
16
Short Sales
138
14
5
Scottsdale
Overall
5959
337
265
Bank Owned/REOs
314
83
71
Short Sales
605
60
46
Gilbert
Overall
2160
323
243
Bank Owned/REOs
326
120
78
Short Sales
714
80
55
Mesa
Overall
4417
509
383
Bank Owned/REOs
810
221
150
Short Sales
956
84
80
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