NEW HELP FOR HOMEOWNERS UNDERWATER
Just yesterday the Federal Housing Finance Agency (FHFA) announced that they would be making changes to a govement program that could help homeowners who are underwater with their mortgages.  With mortgage rates so low lately, many homeowners are trying to refinance but are unable to because their home will not appraise at an appropriate price.  [...]

CAN YOU BELIEVE THESE MORTGAGE RATES!?!
As of today the average 30-year fixed mortgage rate dropped BELOW 4% to 3.94% for the FIRST TIME EVER! Can you believe it!?! The state of Arizona’s real estate market plus these extraordinarily low mortgage rates creates a prime opportunity for buyers & investors. With so many Phoenix short sales out there as well as [...]

BANK OWNED INVENTORY IN PHOENIX, AZ
As the national real estate market continuously evolves the Phoenix real estate market is no different.  One of the key deciding factors of the state of the market is the number of distressed properties out there.  Short sales continue to remain very prevalent in the Phoenix market but we have seen slight changes in the inventory [...]

THE LATEST PHOENIX SHORT SALES!
Check out our latest short sales in the Phoenix Valley: http://26219npasotrail.epropertysites.com/ http://10735ecaribbeanln.epropertysites.com/ http://7351weugieave.epropertysites.com/ http://30448n73rdst.epropertysites.com/ We specialize in short sales in Phoenix but also have multiple REO listings.  Contact us for more information on these properties or any of our 40+ other listings!

RENTAL VACANCY RATES AT 6-YEAR LOW!
As more and more homeowners are being forced to go through a short sale or foreclosure the demand for rentals is getting higher and higher.  This has caused vacancy rates to drop to a 6 YEAR low! Low vacancy rates in turn means higher rent rates. This creates the ultimate equasion for investors.  With home [...]

LOWEST MORTGAGE RATES IN YEARS!
With the economy continuously fluctuating, mortgage rates are dropping lower and lower.  The national average for a 30-year fixed-rate loan is currently at 4.32%.  We just had a client locked in for a 30-year FHA loan at 3.75%! Can you believe it?! 3.75%!!! As more and more buyers come out into the market home prices [...]

SHORT SALES MADE EASY!
No, you did not read this wrong.  Yes, we did use the word “easy” in the same sentence with “Short Sales”.  Finally, borrowers looking for an option to sell their house for less than what is owed have an timely option to negotiate a release of their mortgage debt on a short sale in literally [...]

SEARCH THE MLS YOURSELF! FIND SHORT SALES, FORECLOSURES, MORE!
Looking for a home and want to use a more reliable site then realtor.com or tulia?  Check out our MLS search capabilities on our website!  We give you full access to MLS listings throughout the whole valley plus the most up to date information on each property.  Click here to search yourself or call us to [...]

WHY YOU SHOULD SHORT SALE!
Contemplating going through a short sale.  Here are some benefits of going with a short sale rather than a loan modification or foreclosures: You can continue to live in your property through the short sale process which enables you to save money and prepare for your new financial future. You get rid of a high [...]

SHORT SALE NEWS? NO – BUT GREAT THOUGHTS TO PONDER
Today’s post is not quite our typical real estate update, but it is something important for all of us to think about.  I received an article written by a nurse going over the top 5 regrets people have on their deathbed.  The article includes some really great points about life and really makes one think [...]