According to The Title Report, foreclosure filings in 2019 reached their lowest level since tracking began in 2005, with the highest potential for distressed properties cropping up in the major metro areas of Baton Rouge LA., Atlanta GA, Salt Lake City UT, Orlando FL and Portland, OR. The states of Nevada, New York, New Jersey,… Read More
The Real Estate market appears to be equalizing in many parts of the country, meaning neither home buyer’s nor home seller’s hold all the cards. In these rare moments of balance, advantages can be gained by either party with smart negotiation, knowledge of strategies to employ and exactly how far you can stretch your advantage…. Read More
How Will Secondary Market Reform Affect the Home Buyers? No One Knows Yet. Home owners, potential home buyers and those in the Mortgage and Real Estate industry, have been watching closely since the financial crisis to get a sense of where the real estate market is going and when. So far market recovery has been… Read More
Home Buyers are never quite sure of the precise moment to lock in their interest rate. Quite frankly, I’m not sure you’ll find a better time than now. Thought the Spring home buying season is right around the corner, home prices seem to be fairly stable, by which I mean we’re experiencing a normal rise… Read More
As you read on, statistics from Zillow will indicate that the country’s housing market has reached a critical juncture. Record values have been documented from coast to coast and you can find the 10 highest valued U.S. real estate markets listed below. Meanwhile, I’ve acquired some data from the experts at ASU on the state… Read More
*Click for mortgage interest rate information for April 2019 I received a fact-packed email recently from a local mortgage lender. This is someone I’ve worked with enough to know that their information is solid, skewed neither positive or negative but true and unbiased. Andrew McCrossen, a Loan Officer at V.I.P Mortgage did a little digging… Read More
Though the luxury housing market nationwide has experienced a resurgence in the past year, an article written by Inman News and re-posted on the WFG Title Company blog describes a recent rise in inventory within the luxury market, which in many cases has resulted in a noticeable slowdown of price increases and a general loss… Read More
Early, alarming predictions for a dramatic surge in mortgage rates in 2018, have so far fallen flat. True, home buyers have seen incremental increases in rates for home loans since January, but in more of a one-step-forward-and-two-steps-back pattern. I’m cautiously optimistic that this might continue for three significant reasons. First, the country’s economy appears to… Read More
We are all for the sentiment behind the “Red for Ed” movement. Not only is compensation for Arizona teachers near the bottom of the barrel, but student test scores for the state are among the lowest in the country. Admittedly not every problem is solved by throwing money at it, but there is irrefutable evidence… Read More
Already our 2018 Real Estate market is blowing away last year’s stats, and the Phoenix area is not alone in its home shopping free-for-all. Zillow reports that most of the country is feeling the squeeze of the abundance of eager home buyers versus a shortfall of available listings. I tend to accept that the Real… Read More
