Posts

May Market Report

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Here is the Market Report for the period ending April 2012. Prices are up and inventory continues to fall. For a more thorough understanding of how the market is shifting and how this affects you, please give me a call and we can talk about it. (click image to enlarge) For the full Market Report, click HERE

Buffini Blast - May 2012

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(click HERE for larger picture/full article)

Three Nonprofits Join to Transform Vacant REOs into Future Residences

Here is great news for the communities that have homes that are in disrepair.  Three nonprofits are working together toward an effort to rehabilitate vacant REO properties and support home ownership. Rebuilding Together , NeighborWorks America , and the National Community Stabilization Trust are committing to a three-year partnership to turn vacant and dilapidated properties into affordable homes in the communities they serve. They will be gathering data, training and educating in the first phase, the second phase will be acquiring properties and rehabilitating them, then will come the listing and selling of these properties...all in a 3 year time span. The non-profits will have different ways to do this at their disposal, based on the needs of the community. Rebuilding Together is a nonprofit working to preserve affordable home ownership and revitalize neighborhoods by providing extensive rehabilitation and modification services to those in need a...

April Market Report

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Here is the Market Report for the period ending March 2012. Prices are up and inventory continues to fall. For a more thorough understanding of how the market is shifting and how this affects you, please give me a call and we can talk about it. For the full report, click HERE!

April 2012 Newsletter

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Smaller homes, urban lifestyles attractive to new homebuyers Smaller homes closer to urban areas may be the next wave of new construction, as post-bubble buyers seek smaller mortgage payments and shortened commutes. To read more, click HERE Buying cheaper than renting in nearly 100 major U.S. markets: Trulia By Justin T. Hilley Buying is more affordable than renting in 98 out of the nation's 100 largest metropolitan areas — even in New York, Los Angeles and Boston, according to real estate company Trulia 's rent vs. buy index. To read more, click HERE To read the entire Newsletter, click HERE!

March Market Report

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Here is the Market Report for the period ending February 2012. The Market has, and continues to shift, yet again. You can see this by the Distressed Property comparison below, and by the other statistics that are presented in this report. For a more thorough understanding of how the market is shifting, and how this affects you, please give me a call and we can talk about it. Distressed Sales Analysis: This month I am including 2 Distressed Property charts. We include one every month, but I wanted to provide a comparison of our current distressed property status, with where we were a year ago. What a huge shift we have seen in the market over the past year. Foreclosures have dropped from 47% of the Sales to 23%, and Traditional Sales (non-distressed) have gone from just 32% of the Market to 49%. As we get further on in this report, you will see how this dramatic shift has affected all segments of the market, including price, and listings. To view entire report, click HER...

March Newsletter

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Signs of upturn in Phoenix's long-suffering housing market By Julie Schmit, USA TODAY The Phoenix housing market is showing signs of improvement, even generating bidding wars among buyers for lower-priced homes. To read more, click HERE -------------------------------------------------------------------------------- Home Repair: Which Jobs Come First? By Josh Garskof Lean times call for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance. To read more, click HERE To view entire Newsletter, click HERE . --------------------------------------------------------------------------------