Thursday, April 26, 2012

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 at no cost to those served.
NeighborWorksAmerica creates opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing.
The National Community Stabilization Trust is a nonprofit organization that was created to help revitalize neighborhoods affected by the foreclosure crisis. Formed in 2008, Stabilization Trust builds the capacity of state and local governments, and community-based housing organizations to acquire, manage, rehab, and sell foreclosed properties.

 For more of the story please click;

To find a home in Arizona;

Information to sell a home in Arizona

Monday, April 23, 2012

April Market Report

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!

Friday, April 13, 2012

April 2012 Newsletter

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!