This month’s edition of Phoenix Magazine is quite interesting. It’s dedicated to the Valley’s housing market: trends, concerns, bright spots, property value trends, and several “Top” lists, including the “Top 20 ‘Hoods.”
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What I find interesting about the list is that there’s no explanation as to the process used to arrive at, or even who contributed […]
Entries from May 2008
The Top 20 Neighborhoods in Greater Phoenix? Part one…
May 28th, 2008 · No Comments
Thank You Heros!
May 26th, 2008 · No Comments
I’d like to extend a heart-felt “THANK YOU” to the men and women of our armed forces who have served, and who continue to serve, to protect the freedoms that make our Country “the Land of the Free.”Â
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Your sacrifices are NOT taken for granted. God bless you all!
Tags: Uncategorized
“Guaranteed Sale” Trade-Up Programs - What’s the catch?
May 22nd, 2008 · No Comments
You may have seen the bus stop advertisements, “I’ll sell your home in 90 days or I’ll buy it!!”
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Sounds like an incredible deal, doesn’t it? You can hire an agent who will guarantee you the sale of your home in any market! But what’s the catch? There’s gotta be one, right?
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Here are the ‘finer points’ […]
Tags: Random Musings
Arizona State Land Department set to Auction Infill Land Parcel
May 20th, 2008 · No Comments
The AZ State Land Dept is going to auction a 64-acre parcel at the SW corner of 40th St and McDowell Rd on June 17th. The land was once proposed as the site for the AZ Diamondbacks’ stadium and, later, the AZ Cardinals’ football stadium. The D-backs now play at Chase Field downtown and the […]
Tags: Random Musings
Let’s Look at the Numbers - How is Phoenix Real Estate Trending?
May 16th, 2008 · No Comments
The official sales stats for May have been released by the Arizona Regional Multiple Listing Service (ARMLS) and the trends are consistent with what one would expect to see (historically) for Phoenix real estate and Scottsdale real estate in terms of the seasonal sales cycle.
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Here are a few key stats for 2008, as reported by […]
Tags: Housing stats
Foreclosures from a Buyers’ Agent’s Perspective: Inefficiency Personified
May 14th, 2008 · No Comments
Foreclosures are prevalent in the Metro Phoenix market, no doubt about it. Banks have recognized the significance of the problem and have recently responded with sometimes shockingly-low prices. We’re talking about 1600+ sq ft homes, less than 3 years old, in excellent condition, priced in the $120’s and $130’s. There are some great ownership opportunities […]
Tags: Foreclosures/Short sales · Random Musings · Sad
Krispy Kreme is BACK!
May 13th, 2008 · No Comments
Many Valley residents are giddy over the resuscitation of Krispy Kreme Doughnuts, as the first shop re-opened today in East Mesa. With the donut shop’s highly-publicized, simultaneous multi-outlet shut down about 2 years ago, Valley donut lovers have not had many options for the carb-laden, cholesterol-packed treat.
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Reportedly, several hundred customers waited in line for hours, while Krispy […]
Tags: Random Musings
Tips for Garaging your Car for Extended Periods
May 12th, 2008 · No Comments
Many owners of Phoenix real estate and Scottsdale real estate are actually 2nd home owners, spending their winters in AZ and their summers in other gorgeous parts of the world. A percentage of these 2nd home owners keep one or more cars in the garage of each property they own.
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What’s the safest and best way […]
Tags: Random Musings
New FANNIE MAE Refi Program Designed to Help Homeowners who are “Under Water”
May 9th, 2008 · No Comments
By the middle of 2008, Fannie Mae intends to introduce a program that would allow homeowners who currently owe more than their homes are worth to refinance their mortgage(s), giving them the opportunity to lock in a lower fixed rate.
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The amount refinanced would be equivalent to the existing mortgage and only homeowners who are current […]
Tags: Foreclosures/Short sales · Housing stats · Legislation and Policies
Is the Housing Crisis Over? Some say “YES!”
May 7th, 2008 · No Comments
An article in the Wall Street Journal today (read it here) claims it’s ‘very likely’ that April marked the bottom of the US housing market.
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The article contends that our market is at or near all-time lows in several key categories so that the main ingredient in a healthy market, affordability, is back.
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The correction means that […]
Tags: Random Musings
