Arizona Foreclosure Activity Up 18% in October
Arizona Foreclosure Activity Up 18% in October The Associated Press reported on Thursday, November 10, on a new report showing Foreclosures up almost 18% in October compared with September. 4,200 homeowners lost their homes in October, and 6,400 homeowners were served with notices of default, the first step in the process ...
New Refi Program Geared to Help Homeowners
For homeowners who are seeking help with their mortgage rates, the Obama administration announced Oct 24 that they will be expanding the current HARP program to allow more homeowners to benefit from the federal program. With roughly 40 percent of Valley homeowners being underwater, most were unable to take advantage of ...
The See-Saw: What Buyers and Sellers Need to Know
I remember elementary school. We had a see-saw. It was usually fun. I was an average sized kid. There were always kids who were much bigger than me, and there were always kids smaller than me. The most fun to a see-saw was finding someone who was about the same size as ...
Canadian Real Estate Investors Buying Property in Arizona
Canadian Real Estate Investors Buying Property in Arizona Lured by a weak U.S. dollar in comparison to Canadian currency and historically low interest rates and property prices, there has been an uptick in the number of Canadian Real Estate investors buying properties in Arizona. In a recent WSJ article, Chana Schoenberger gives ...
Behind only Las Vegas and Detroit, Mesa leads other large cities in the U.S. as a city where renting actually costs more than purchasing. In a recent (August 2011) study conducted by Trulia,Mesa ranks #3 in the country as a place where it is cheaper to buy than to rent. By comparing the median rent for two-bedroom apartments, [ Read More ]
A HUD Home is a home that has been foreclosed on, which was either federally financed or insured. After foreclosure, the property ownership is taken by HUD, the federal department of Housing and Urban Development. In many ways, purchasing a HUD is very similar to any other property, but with [ Read More ]
I’m often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem [ Read More ]
Behind only Las Vegas and Detroit, Mesa leads other large cities in the U.S. as a city ...
