Phoenix Real Estate Blog

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Real Estate Agent - Sterling Fine Properties - AZDRE# BR553129000
Knowledge is power. In that spirit, the MyPhoenixMLS Phoenix Real Estate Blog covers everything that's Phoenix-area real estate, with the goal of helping buyers and sellers navigate the market.

ARCHIVED BLOG POSTS

2010 

RealtyTrac® the leading online marketplace for foreclosure properties, released today its Midyear 2010 Metropolitan Foreclosure Market Report. The news was grim. It showed 154 of the 206 U.S. metropolitan areas with a population of 200,000 or more posted year-over-year increases in foreclosure ac...
07/30/2010
I blogged recently about short sales being up 600 percent from two years ago. I've also blogged recently about how - in my opinion - short sales are the new wave in real estate. It made me think that anything with that much demand - whether or not you are considering buying a bank-owned property ...
07/28/2010
I wrote recently about clients of mine who are expecting twins soon. Their process for obtaining a mortgage was smooth but a New York Times article this week made me worry about future clients who are expecting and wanting to buy a home. As if expecting parents don't have enough things to worry a...
07/26/2010
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One of the great things about living in Arizona is the inexpensive heating cost in the winter. Having family who grew up in New England, I know they routinely spent over $600 a month in heating costs. This isn't something we need worry about in the Phoenix area. However, during the summer when te...
07/21/2010
I know I blog about mortgage rates a lot. Partly this is because I just cannot believe how the rates have remained so low for so long. Mortgage rates were unchanged this week and were - yet again - at the lowest point in decades. The Arizona Republic reported Thursday on the numbers Freddie Mac r...
07/20/2010
Credit Suisse reported data this week putting numbers to something we already suspected: it can be less expensive to own a home than to rent. In their research report, record low mortgage rates and home prices were credited for the percentage of median household income needed to pay the mortgage ...
07/17/2010
Money Magazine released yesterday its annual edition of the 100 Best Places to Live, and two Arizona cities have made the top 100. The list focused on the nation's small cities (those with populations between 50,000 and 3000,000). They looked past the average American town which is cash-strapped ...
07/17/2010
One of my clients is a great couple who are about to have twins and will be moving into a North Phoenix home. I recently gave some moving tips here but they asked me for some additional advice specifically about moving while expecting. I thought I would share these ideas with all of you in case t...
07/12/2010
The latest Realty Studies report from Arizona State University's W. P. Carey School of Business came out this week. As in my blog post on Tuesday, news is mixed. The local housing market returned to its historical pattern of good sales activity that usually lasts until August. For June 2010, ther...
07/12/2010
The Arizona Republic reported numbers today that show mixed signals regarding the Phoenix housing market. Part of the confusion is due to the large unknown regarding the impact of the federal homebuyer tax credit on sales as well as the loan-modification program on foreclosures. The Republic repo...
07/08/2010
Rainmaker
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Bob Stahl

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