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 AZ Foreclosure Housing Data
Flood of Phoenix foreclosure resales overshadow housing data
Home-foreclosure activity has spilled across every geographic and socioeconomic border this year, proving that no community was too cautious, clever or well-funded to remain unscathed.
Subprime lending gave the home-foreclosure crisis its initial push, but the problem could not have reached existing proportions without feeding [...]
Central Phoenix AZ Downtown Overview Video
Central Phoenix is a booming fun area of metro Phoenix. Check out the video to see what is new in Downtown Central Phoenix.
Free Phoenix MLS Search
Features Full and FREE access to ALL Phoenix MLS Metro Area Listings of all [...]
Phoenix Foreclosure Facts
According to Wikipedia, “foreclosure is the legal and professional proceeding in which a mortgagee, or other lienholder, usually a lender, obtains a court-ordered termination of a mortgagor’s equitable right of redemption.” To put it simply, foreclosure is a legal process in which a lender takes over ownership of a property when the borrower [...]
Phoenix AZ Foreclosures fell slightly in September 2009
There are some positive signs coming from metropolitan Phoenix’s housing market. Foreclosures dropped slightly in September, while home prices inched up again.
• Last month, lenders foreclosed on 3,759 Valley homes, an almost 5 percent drop from August, according to the Information Market. It’s the second month in a [...]
Phoenix AZ September Luxury Home Sales
A developer, two doctors, an estate-planning attorney and a builder are among the buyers and sellers in this week’s priciest home sales.
$6,000,000.
Marcarco III, a limited partnership based in Delaware, paid cash for a four-bedroom, four-bath, 5,215-square-foot home originally built in 1958, with a 1,175-square-foot pool. The home sits on more [...]