Tag Archives: Arizona

Bank of America – Paying it back?

Bank of America has started sending letters to thousands of homeowners in the United States, offering to forgive a portion of the principal balance on their mortgages by an average of $150,000 each. The reduction for qualifying homeowners could amount … Continue reading

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Housing Market showing a recovery

US home-buying season finally signaling a recovery By ALEX VEIGA, AP Real Estate Writers – 23 hours ago WASHINGTON (AP) — Five years after the U.S. housing bust sent sales and prices plunging, the spring home-buying season is pointing to … Continue reading

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Fed to keep Interest Rates Low

By Don Lee, Los Angeles Times March 26, 2012, 10:50 p.m. ARLINGTON, Va.— — Federal Reserve Chairman Ben S. Bernanke, worried that recent labor market improvements could fizzle because of weak economic growth, signaled that he was poised to keep … Continue reading

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FHA Loans to Become a Little Cheaper

Refinancing Fees Are Reduced for Some F.H.A. Borrowers By TARA SIEGEL BERNARD In what it described as part of an initiative to lift the housing market, the Obama administration said Tuesday that it would make refinancing less expensive for certain … Continue reading

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HARP Loans have not hit yet

Mortgage applications decreased 4.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 17. The Refinance Index decreased 4.8 percent from the previous week. The seasonally … Continue reading

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Where were YOU 8 years ago?

I lifted this from Inman this morning, forget about the movie… are you ready to, or can you… change? Eight years ago a scrappy kid at Harvard had an idea. I would have liked to be at Harvard that night; … Continue reading

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AZ and FL made up 8 of the 10 best home median prices increases

10 Cities Where List Prices Soared Last Month Daily Real Estate News | Thursday, December 22, 2011 Median list prices nationwide have risen 4.05 percent on a year-over-year basis, according to November housing data of 146 metro areas from Realtor.com. … Continue reading

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Where Are We Headed?

Want to know where housing will head in 2012? First, be aware that all real estate is local and these factors are mostly national, but they can give you an indication of trends and the overall direction of housing. Having … Continue reading

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More Good News In Maricopa County?!!

For the monthly period ending December 15, we are currently recording a sales $/SF of $84.47 averaged for all areas and types across the ARMLS database. This is 2.9% higher than the $82.35 we now measure for November 14. Our … Continue reading

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Things are getting better!?!

Maricopa County Notice of Trustee Sales plummeted to 2,842 in November 2011, compared with 4,948 during the same period in 2010 – a decrease of 57%. Phoenix, AZ, December 12, 2011 — Default Research, Inc., (www.defaultresearch.com), a major aggregator of … Continue reading

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