Posted on 31 March 2008. Tags: bank owned real estate, barak obama, foreclosures, fox news, Glendale, mesa, oil prices, phoenix, record highs, reo, short sales
Drinking coffee, this morning, which I am know to do, in large quantities, and (in exactly this order) waking up which arduously follows, I sit each morning, and flip between the multitude of news channels, and mainline the information from CNBC, CNN, Fox News, ESPN (for AZ sports fans, this is never good news) and [...]
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Posted on 30 March 2008. Tags: 30 year fixed rate, arizona, finance, fountain hills, peoria, phoenix, real estate, tax break, tempe
You have all heard the investment phrase, ‘Buy Low Sell High’. However, how do you actually do that? at least when it comes to buying real estate as in East Valley (Maricopa County) Real Estate. Let me tell you story which might help shed some light on this investing “ Holy Grail ” “Finance 101 [...]
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Posted on 29 March 2008. Tags: american pastime, arizona, baseball season, national holiday, opening day, phoenix, Scottsdale, world series
Not my birthday, not Christmas, not Thanksgiving, , My Favorite day of the years is….Baseball’s ‘Official’ opening Day , Monday , Baseball Season is finally here, … and in Phoenix we are enjoying beautiful weather. Amongst my die hard brethren, of devoted fans to our American pastime, we have started a petition to make this [...]
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Posted on 28 March 2008. Tags: Buyers, home values, maricopa county, paradise valley, phoenix, phoenix scottsdale, stock market
Yes, you are reading correctly. … in fact, throw in a couple of smaller Phoenix area home sales for $3,900,000 and another $3,800,000 and you have a total of $34,000,000 (that’s $34 Million) in just 6 homes alone. This according to John McClean who researched this from the public tax records in Maricopa County , [...]
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Posted on 27 March 2008. Tags: buyer market, easing credit, home prices, inventory, phoenix, real estate, Scottsdale, tempe
For those who read yesterday’s Blog, about real estate pricing in the metro Phoenix, Tempe, Scottsdale area when I took a leap of faith of faith (or as some have suggested, forgotten how to read) when I was either bold or crazy enough to suggest that the S&P/Case-Schiller Report that announced home prices have plunged [...]
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Posted on 26 March 2008. Tags: consumer confidence, dc ranch, desert ridge, fountain hills, home values, interest rates, lenders, peoria, Sellers, tempe
Ok, ok, …. Maybe good news for the metro Phoenix area real estate and the housing market is pushing it a little. And I don’t at all want to sound happy or overjoyed as area residents in Scottsdale, Tempe and Desert Ridge home values, and people’s net worth slightly deteriorate. However, after everyone catches their [...]
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Posted on 25 March 2008. Tags: american dream, builder warranty, closing costs, home builders, location location location, new home builder, phoenix, resale home, satisfied customers, Scottsdale, value opportunities
Today’s Phoenix and Scottsdale area new home buyers Stand Some GOOD NEWS for real estate!!!offer more reasons to buy direct from a New home builder than ever before. A wide variety of communities, location, location, location, modern floor plans, an practically unlimited choices of features, colors, fixtures and finishing’s, lot selection, modern safety and energy [...]
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Posted on 24 March 2008. Tags: association of realtors, ben bernanke, fannie mae, federal reserve, foreclosures, freddie mac, home buyer, housing market, housing recession, interest rates, inventory levels, lending institutions, national association of realtors, phoenix, real estate, Scottsdale
Finally, some good news we have been waiting for in the National and Phoenix area Real Estate Market. ‘Sales of existing homes rising modestly for the first time in seven months and inventories falling, the National Association of Realtors reported today’ Sales have picked up for several reasons. 1) Lower home prices – yes, prices [...]
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