Did you know… The average short sale takes 7 months to close AFTER the seller accepts the offer? Buying a home at “Trustee Sale” requires a FULL CASH PAYMENT in 24 hours? You can’t submit an offer to buy a resale home in AZ without a Loan Status Report? Many buyers of foreclosed homes spend [...]

The First Time Home Buyer Tax Credit has been EXTENDED to July 1, 2010 and offers current homeowners looking to move a tax credit too! Purchase a home before May 1, 2010 and you may be eligible for a tax credit: $6,500 for current homeowners looking to move $8,000 for first-time homeowners Buyers who have [...]

HOT OFF THE PRESS…. WASHINGTON – Missed out on Cash for Clunkers? Congress has another deal for you: Buy a home before May 1 and collect up to $6,500 from the government. If you’re a first-time homebuyer, get up to $8,000. As part of the government’s efforts to encourage people to spend money to help [...]

More great news about the national real estate market was reported on Monday.  September had an increase of 6.1% in Pending Home Sales.  The rise from 110.1 million to 103.8 million marked the largest annual increase on record and the longest streak of gains since the measurement began in 2001. The gains are attributed to homebuyers rushing [...]

Well, if you do…then the future of home prices in Phoenix, Arizona, is most certainly LOWER. This article appeared all over the web today. It was written by By Les Christie, a CNNMoney.com staff writer. Who am I to to contradict Les? I’m just an optimistic real estate broker who believes my community (Anthem, Arizona) [...]

On July 5th, I wrote an entry to this blog titled: “Washington, We Still Have A Problem…”. Now, 2-1/2 months later, we still have the same problem. Call it S.S.D.D. (same stuff… different day) After going through what was called “The Sub-Prime Mortgage Crisis”, we are now heading (with force) toward a “Prime Mortgage Crisis”. [...]

I tell my clients that “every home sells eventually”… but lately I am starting to wonder if some homes will EVER sell.  The reason? Many agents, and sellers, have lost sight of basic real estate sales principles. They have the highest priced home in the neighborhood.  They ignore what other homes are selling for and [...]

Buying a home is a multi-step process. The initial search, the in-person previews, the contract offer, the negotiations, the inspections, the appraisal and so on… it’s all a part of the process. Eventually, the closing day arrives. At least you hope it does. Lately, closing on a home has become extremely difficult. Bank scrutiny is [...]

In case you missed this article… from last week’s Arizona Republic: Housing Data Stirs Optimism for Valley by Catherine Reagor – Apr. 22, 2009 The Arizona Republic In March, there were 200 more new-homes sales across the Valley than the month before. That may not sound like much, but it’s significant in the current slowdown. [...]

Lots of people trust Dave Ramsey. And why not? He is a financial guru! Here are Dave’s 4 Easy Tips to Sell Your Home. In my opinion, he is right on the mark… If you want to sell your home, make sure your house looks its best. 1. Fix your front yard. Are the bushes [...]