10/15/2009 12:06:00 PM
Bank-owned . . . and not improving until the economy does
Subprime loans were problem, but overall, broader economic woes contributed to pain 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 ...
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10/8/2009 10:02:00 AM
Young people are potentially the winners in this recession.
A Historic Time to Buy Young people just starting to invest and buying their first homes are potentially the winners in this recession. First-time homebuyers, most between the ages of 25 and 45, accounted for about 45 percent of home sales from January through ...
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10/5/2009 11:02:00 AM
Retail Real Estate --- Grim Assessment
Signs advertise available retail spaces in the Chandler Mercado shopping center at the northwest corner of Arizona Avenue and Warner Road in Chandler. Feb. 10, 2009. No improvement seen for retail real estate Store closings will continue to outpace openings ...
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9/30/2009 10:15:00 AM
Housing slump that caused the worst recession in seven decades is abating.
Home prices in Arizona fell less than forecast Sept. 29 -- Home values in 20 U.S. metropolitan areas declined less than forecast in the year ended in July, a sign the housing slump that led to the worst recession in seven decades is abating. The S&P/Case-Shiller ...
Views: 46
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9/28/2009 10:26:00 AM
Mortgage Rates Remain Low, Increasing Affordability
Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.04 percent with an average 0.6 point for the week ending September 24, 2009, unchanged from last week when ...
Views: 25
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9/24/2009 11:55:00 AM
Changes to the $8,000 home buyer Tax Credit
Washington Report: Tax Credit Changes The first major change to the $8,000 home buyers tax credit began moving through Congress last week, giving hope to real estate and building groups pushing for extension of the entire program before it expires Nov. 30. ...
Views: 37
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8/21/2009 1:37:00 PM
Scottsdale Arizona - North Valley Home Prices Holding Steady
Valley home prices holding steady 3-month trend indicates 27-month freefall may have come to an end, ASU expert says After a record-breaking 27 months of decline in the Valley's median home price, some of the most influential local real-estate analysts ...
Views: 66
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7/27/2009 12:53:00 PM
New homes sales in The North Valley Soar - Scottsdale Real Estate
Purchases of new homes in the U.S. climbed 11 percent in June, the biggest gain in eight years, adding to evidence the slump that began in 2005 is stabilizing. Sales increased to a 384,000 pace, higher than any forecast of economists surveyed by Bloomberg ...
Views: 77
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7/17/2009 9:43:00 AM
New Reports.... Show Improvement in Arizona Housing Market
Two new reports show slow improvement is being made in the East Valley's new and existing home markets. Home sales increase, median price down Housing market may be changing course Last month, new-home construction permits reached 1,018 across the Valley, ...
Views: 300
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7/13/2009 11:18:00 AM
Scottsdale, Cave Creek & North Phoenix Home sales on the raise
In June 2009, 11,820 resale homes recorded as being sold, while there were 9,980 recorded sales in May and 7,840 sales for a year ago. Foreclosure activity in June 2009 represented 34 percent (4,060 transactions), while there were 7,760 traditional market ...
Views: 163
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