Monthly Archives: July 2013

Now is the Time to Buy a House….in Fact, Buy TWO!!!

http://buzz.money.cnn.com/2013/07/17/john-paulsons-housing/?iid=HP_LN John Paulson, owner of the hedge fund Paulson & Co, has made millions betting against subprime mortgages.  Now he’s saying that buying a home is one of the best investments one can make.  He believes we are still very close to the bottom of the housing market and that the recovery will continue for […]

Read More

8 out of 10 Americans Say Owning a Home is a Good Decision

http://www.dsnews.com/articles/eight-in-10-americans-say-homeownership-is-good-financial-decision-2013-07-26 Media surveys confirm that most Americans hold a more positive view of the housing market while an increasing number of renters plan to purchase homes in the near future.   According to the 2013 NAR National Housing Pulse Survey, 80% said they believe buying a home at this time is a good financial decision….up 8% […]

Read More

5 things to know about rising rates

  We are all seeing interest rates rising into the mid 4% range and many home buyers are concerned about the effect this will have on the Real Estate Market.  Here’ is how to prepare for these rising rates if you are considering buying or even refinancing your home… 1) Even thought the rates aren’t […]

Read More

If Everyone Says it’s A “Seller’s Market”, How Can It Be A Good Time To Buy?

All indicators say that we are in a “Seller’s Market”.  What does that mean?  According to Michael Orr, Director of the Center for Real Estate Theory & Practice at the WP Carey School of Business at ASU, it is based on the age old Supply & Demand equation.  When Buyer Demand exceeds the number of […]

Read More

Investors leaving the market?

Current homeowners are playing a bigger role as home-buyers, with a sharp slowdown in investor activity, according to a  Housing Pulse Tracking Survey by Campbell/Inside Mortgage Finance who surveyed about 2,000 agents nationwide. In June of 2013, current homeowners buying another home represented 44.6% of all home purchases, up from 43.8% in may.  A third […]

Read More

Distressed properties are on the decline in Phoenix | HousingWire

Distressed properties are on the decline in Phoenix | HousingWire. Though there are still advertisements saying thousands of lender-owned properties are going to flood the market, that is definitely not the case for the Greater Phoenix market. Sure, there was a flood of cheap properties at one point in time, but that time has passed.Lenders […]

Read More

Hope for Homeowners

We all have seen interest rates rising in the past weeks with 30-year fixed mortgages going up almost a full percentage point from the all time lows recorded about 6 months ago. Consumers (and REALTORS(R) are understandably concerned about how these rising interest rates are going to affect the real estate market. While there is […]

Read More

Buyers Who Can Profit from Today’s Market

There are 4 types of buyers who are the best candidates to profit from today’s market conditions: Move Up Buyers:  Buyers selling smaller homes and moving up to a larger, more expensive property can more than recover any losses they get from selling with the savings they’ll proportionally receive when they buy a more expensive […]

Read More

Want to Buy after Short Sale or Foreclosure?

Have you had to sell your home by short sale or foreclosure after the market “bust” in 2006?  Did you know that you could be able to qualify for a home purchase at this time?  “Boomerang Buyers” (buyers who have been out of the market and now coming back) have returned as a major market […]

Read More

Is the Time to Move Now???

  Throughout the Phoenix Metro Area, home prices are some of the highest in the US as a result of buyer demand and low supply.  Prices are expected to continue to increase, which is welcome news to homeowners who may be considering selling their home.  According to Michael Orr, ASU real-estate analyst, home-sale prices in […]

Read More