Monthly Archives: May 2013

Communication is the key to a smooth transaction

   In this technology driven society, actually talking to someone in person or on the telephone has become an anomole.  To save time we often resort to emails or texts and forget that personal interaction sometimes can make things happen faster or more smoothly often saving many misunderstandings or confrontations.  I have been involved in […]

Read More

Women Own Less Mortgage Debt, Less Likely to be Delinquent!!!

http://www.dsnews.com/articles/study-women-own-less-mortgage-debt-likely-to-be-delinquent-2013-05-22 According to a recent Experian study, women lead the pack in how their mortgage debt is managed, even though they generally earn less income (approximately 23% less than their male counterpart).  It seems that men are taking out bigger individual mortgage loans (4.9% higher), but are also having more difficulty paying those loans on […]

Read More

The Future’s So Bright You Gotta Wear Shades

http://www.dsnews.com/articles/nar-speculates-on-future-of-housing-at-expo-2013-05-17 The National Association of Realtors, at their annual Midyear Meeting in Washington DC this week, said they expect existing home sales to increase to nearly 5 million this year and then grow to an annual rate of 5.3 million in 2014 & 5.7 million in 2015.  Dramatic price increases are also expected to continue […]

Read More

Not another Bubble, Trulia confirms

Many homeowners & buyers are worried that the present price increases & housing recovery is leading towards another bubble experienced back in the 2005/2006 fiasco.  Trulia has done some research comparing various price indexes to per-capita income & rent data obtained by the government & concluded that home prices are still 7% undervalued nationally, coming […]

Read More

ARE YOU PLAYING “NICE”??

The way people communicate has changed immensely with the technology available to us today.   Nowhere is it more evident that in the practice of Real Estate.  Communicating through e-mail, texts & faxes have become so widely used throughout our transactions that it is uncommon for Realtors to even meet one another.  The presentation of contracts, […]

Read More

Consumer Confidence Surges with Recent Home Price Gains

http://www.dsnews.com/articles/confidence-in-home-price-gains-reaches-record-level-2013-05-07 According to Fannie Mae’s Monthly National Housing Survey, optimism over the health of our Nation’s Housing Market, based on increasing home values, saw a continued growth in the month of April.  This was the first month in over 3 years that more than half the surveyed home owners responded that they anticipated future price […]

Read More

Phoenix Area Home Prices Continue to Surge

  The Arizona Republic reported yesterday that our low supply of homes is allowing local prices to surge.  This is not a surprise to area Realtors who have seen home prices gaining steadily over the past months, in some parts of the valley growing over 30% to $175,000 from last year at the same time. […]

Read More

Phoenix Home Sales Median Price Continues to Increase

http://www.azcentral.com/business/articles/20130503phoenix-home-sales-median-price.html Metro Phoenix median home sales price rose to $175,000 in March, a 3% increase from February marking a 30% increase over the last year.  Prices are expected to continue to increase, at least until June which is our traditional peak buying season in the Valley.  However, prices still haven’t increased enough for many homeowners […]

Read More

US Home Prices Have Highest Increase in 7 Years

The National Association of Realtors announced a 9.3% gain in US home prices in February of this year as compared with a year ago, driven by increased number of buyers and a decreasing inventory of available homes to purchase.  Increasing employment & near-record low mortgage rates are keeping demand for home buying high, helping sustain […]

Read More

The Netherlands Crowns new King

46 year old Willem-Alexander of the House of Orange-Nassau was crowned King of the Netherlands, the first male monarch in over 123 years.  Why is this important to me?  I spent a year in the Netherlands when I was 16 as an AFS Exchange student, living with a Dutch family & going to a Dutch […]

Post Tagged with ,
Read More