Phoenix AZ New Home Sales Fall and U.S. new home sales fall
Sales of new U.S. homes unexpectedly fell in September, a sign the housing recovery may lose momentum after a government tax credit expires.
Sales decreased 3.6 percent to a 402,000 annual pace, lower than the median forecast of economists surveyed by Bloomberg News, figures [...]
Short Sale Plan Will Help Phoenix AZ Families
A major joint venture for Short Sales was announced late Tuesday (Oct.20). RE/MAX International issued this press release: Contact The Cutty Group of Re/Max Desert Showcase For More Info on This Short Sale Program 623-252-5591
Real Estate Leaders Unite to Reduce Foreclosures New Short Sale Strategy Designed to [...]
Two AZ “foreclosure rescue” firms to pay $1.37 million in fines, restitution
The Arizona Attorney General’s office has settled two mortgage fraud lawsuits for $1.37 million. Most of the money will go towards paying restitution to consumers who lost money to the “foreclosures help” firms.
Richard Winer, principal of the firm Taken Care of Investments, has agreed [...]
U.S. to boost low-income housing aid
A new addition to the federal housing plan could help more low-income families buy homes and more developers build affordable rentals.
Earlier this week, the Obama administration announced a plan to aid state and local housing-finance agencies, which provide home loans to fledgling buyers and financing for rental properties for people [...]
Phoenix Metro Area Housing Sale Prices Keep Rising
The Phoenix Valley housing market has settled into a pattern of mild price recovery, with the median sale price rising by a few thousand dollars in recent months, according to the latest Arizona State University report on same-home sales.
But the report’s author warned area residents not to interpret [...]
Some Valley residents benefit from housing crisis
Some Valley residents actually benefited from the housing crisis. Here are some of their stories:
First-time owners take advantage of tax credit
Christina and Chad Haller said the First-Time Homebuyers Tax Credit motivated them to buy their first home sooner than they had planned.
“We probably would’ve waited a year if [...]