Housing Data Stirs Optimism for Valley

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. [...]

Dave Ramsey’s Home Selling Tips

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 [...]

Interest Rates in the 4′s!

I received this update from a mortgage broker this morning: Just a quick note to let you know that as of this writing, the 30 year fixed is finally below 5% with no points or origination fees. Depending on the borrower and property profile, the 30 year is at 4.9%.  The USDA loan continues to [...]

Ten Important Questions to Ask Your Home Inspector

1. What does your inspection cover? The inspector should ensure that their inspection and inspection report will meet all applicable requirements in your state if applicable and will comply with a well-recognized standard of practice and code of ethics. You should be able to request and see a copy of these items ahead of time [...]

Bad MLS Photo #3…

Standard Intro: MLS (Multiple Listing Service) photos are photographs that real estate agents take and publish online to “advertise and market” their listed properties to other real estate agents. Those same photographs are ported over to real estate sites on the internet like Realtor.com that everyday consumers have access to. I have been in the [...]

Mortgages, Mortgages, Mortgages…

I receive a lot of email from mortgage brokers. Their messages are welcome and informative. Today I received this one: Interest rates continue to stay fairly low. As of this writing, the 30 year fixed is below 5%,depending on the borrower and property profile, as low as 4.625% (with one point.) The USDA 100% program [...]

Pulte Homes Buys Centex Homes for $1.3 Billion

There was some pretty big news announced this morning for residents in my home town of Anthem, Arizona! (Pulte Homes is the primary builder of our master planned community.) Check this out… NEW YORK (Reuters) – Pulte Homes, the second-largest U.S. homebuilder, said it would buy the third largest, Centex Corp, for $1.3 billion in [...]

Bidding Wars? Really? Yes, Really!

The last time we witnessed “bidding wars” on homes was 2005-2006, when we were pushing prices upward into the unsustainable stratosphere. In April 2009, “bidding wars” are back! This time they are pushing prices up slightly off the rock-bottom lows. Did I say bottom? Read on… I do not want to be accused of being [...]