Greater Phoenix--Single Family Detached-

Market Headlines

Market is very strong below $100,000 but quite weak over $200,000
Average sales price per aq. ft. is rising for homes under $100,000 and stable up to $200,000.
Pricing is weakening for homes over $200,000 with those over …

HOAs have long been the enemy (or friend- depends on how they're treating you today) of many homeowners. Responsible to enforce the CC&Rs and Association Rules & Bylaws, their job is to keep consistency among properties and ensure that everyone pays their fair share of dues and/or assessments …

Market Headlines

Supply continues to fall, though rather more slowly in the ranges above $200,000.
Demand is very strong below $100,000 but is weakening above $100,000.
Average sales price per sq. ft. is starting to look stronger below $100,000.
Pricing is stable or slightly weaker over …

All year long, my investor clients have been asking me to find them a great deal on a rental home in Phoenix. Well, here it is on a silver platter.

Check out this home: http://www.camilleswanson.com/featured/updated-home-in-ne-phoenix-with-pool-phoenix-az/

INVESTORS SEEKING DEALS FROM RENTAL INCOME: COMPARABLE PHOENIX HOMES RENT …

Market Headlines

Supply continues to fall, though rather more slowly in the ranges between $200,000 and $800,000.
Demand very strong below $200,000 but showing seasonal weakness above $200,000.
Average sales price per sq. ft. is stable below $300,000 and increasing above $300,000.
A change …

There is a big debate going on (well less of a debate and more of a conundrum) about Phoenix home prices. Are they actually falling as many media outlets report or are they, on the contrary, rising? If you talk to leading economists from Robert Schiller (half of the Case …

Per an article released by "HousingWire" on Friday 5/27/11, (http://www.housingwire.com/2011/05/27/fannie-mae-issuance-drops-to-lowest-level-since-january-2009?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+housingwire/uOVI+(HousingWire)&utm_content=Google+Reader), foreclosure starts are down significantly from over a year ago.  But the article goes on to say that in lieu …

I received an interesting phone call yesterday from a well-respected colleague inquiring whether I had noticed any change in the number of listings in MLS.  "Yes!" was my response. "There are virtually no listings!".  We proceeded to have a 40min discussion about where all the listings went.

From …

INVESTORS buying for CASH are a big chunk of buyers buying in this area. Rental rates of return are insane on the right deal. I have a listing in S. Phoenix for $59,900 that rents for ~$895/mo. If you paid cash, including taxes/hoa/insurance you'd recoup …

UNDER WATER ON YOUR MORTGAGE and want to get a better rate? If your loan is backed by Fannie Mae, my loan guy can refi for up to 125% of market value (i.e. multiply your home value by 1.25 to find your limit); 105% if backed by Freddie …