Let me preface this blog entry with the statement, “Foreclosures and short sales vary by state and this blog post pertains to Arizona only”  Please contact your local Realtor for the most up to date and current information. Arizona foreclosures aka Real Estate Owned (REO’s) are properties...

Image via Wikipedia Open Houses–Jan 10th, 17th, and 18th!! If you are curious on how the foreclosure auction process works don’t be shy.  There are 100’s of open houses valleywide both this weekend and next weekend.  Homes in all price ranges will be auctioned off at a public...

Don’t miss this week’s Top 50 REO Foreclosures in Greater Phoenix, AZ. This is an ever-changing list, so check back often, as inventory changes on a daily basis…

While the mortgage market continues to generate a lot of chatter in both the media and in Washington, interest rates are currently near or at all-time lows. If you or anyone you know are looking to take advantage of these low rates, let me explain why now is the time to act. Lately there has been talk...

Image by respres via Flickr Sarah Reiter a Phoenix, AZ Realtor that specializes in helping buyers, investors, first-time homebuyers and veterans find the best deals in today’s HOT foreclosure market! Offers her Hottest Bank Owned REO Properties for REO PHX Blog readers. Sarah’s Most Recent...

Foreclosure is a hot topic among the press lately.  It’s hard to turn on the television or open up a newspaper without seeing a story about it. But what’s most interesting about foreclosures is that they appear to be concentrated in certain areas of the country.  According to the foreclosure-tracking...

Statistics are what you make of them, but sometimes, they can provide good perspective. For example, from its peak in 2005 to its trough in late-2007, the number of “used” homes sold nationwide plunged. In 2005: Roughly 7 million homes sold annually In 2007: Roughly 5 million homes sold...

According to foreclosure-tracking service RealtyTrac, the foreclosure rate is falling nationwide.  Versus August, foreclosures fell by 12 percent in September 2008 as more than half of the states showed month-over-month improvement.  Most interesting in the data is that several states that led...