Mortgage Rates continued their nine (9) day accent posting 375bp for the week. Friday was the only negative day with the FNMA 30 YR 4.5% giving up only 9bp on a quiet day before the Holiday weekend.  The positive gains can be attributed to the negative pull back in the equities market. The DOW gave...

Foreclosure-tracker RealtyTrac reports that the number of foreclosures nationwide rose 7 percent on a month-to-month basis last month. However, 3 states dominated the foreclosure list, tallying more foreclosures between them than the rest of the country combined. California : 30.0 percent Florida :...

Not only are prices great and mortgage rates low, but there is also an $8,000 Tax Credit for First Time Home Buyers which equates to now is a great time to buy a home! So what defines a First Time Home Buyer? The IRS website states that a first time home buyer is anyone that has not owned a home in the...

Auction: February 28, 2009 Registration begins: 7:30am Commercial Property Auction: 9:00am Residential Property Auction: 1:00pm The HomeStyle Team with RE/MAX Achievers currently has 18 foreclosure homes in the upcoming RE/MAX real estate auction. The HomeStyle Team auction property list is as follows: ...

Image via Wikipedia Single Family Home Foreclosures 11,334 (Maricopa County, 10,897) Townhomes/Patio Homes 806 2-4 Multi-Dwelling Units 113 Click HERE for Maricopa County Price Range Report Click here to search the MLS

If you are planning on buying an Arizona foreclosure home it is imperative that you work with an Arizona Realtor that is well versed with foreclosure transactions. Each bank has their own set of guidelines and many to not acknowledge the Arizona Real Estate Purchase Contract so the more experienced your...

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…

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...