Mortgage rates on a 30 year fixed mortgage fell slightly to 4.10% from 4.11% last week. This is slightly higher than the record low in the rate, earlier this month. Three weeks ago, the rate dropped to 3.94%. That was the lowest rate EVER on record according to The National Bureau of Economic Research. What […]
What Sets Mirabel Golf Club Apart from the Rest
Scottsdale Az has many world- class golf clubs. Anyone looking for a Scottsdale golf community or golf club to join has many choices. Mirabel Golf Club is, however, one of the rare debt-free, member owned, operated and controlled private clubs in North Scottsdale. It offers a Tom Fazio- designed course; a 34,000 square-foot warm and […]
Scottsdale Golf Clubs Change to Market Based Pricing
If you are considering purchasing a Scottsdale home in a golf community, you should be aware that many Scottsdale golf clubs have changed from a set price for a golf membership to “market-based pricing”. This greatly affects the purchase price and value of the memberships in those Scottsdale communities. Estancia and DC Ranch both currently […]
Scottsdale Real Estate Appreciation Rates
Below are the Phoenix and Scottsdale real estate appreciation rates. This data is provided by the Cromford Report, the leading authority on residential market data. Phoenix Real Estate Annual Appreciation: -8.3% (Values are dropping/increasing at this rate.) Recent Appreciation Trend: -2.0% (The drop/increase in value is getting better or worse at this rate.) 4,625 Active Homes Listed For […]
Update on US Housing Trends
Highlights of US Housing Trends Existing home sales rose 7.7% in August. Condominium and co-op sales rose 1.8%; single-family home sales rose 8.5%. The median existing home price declined to $168,300, from $174,000 in July. Existing home sales in the West region saw the biggest gains, up 18.3% month over month. New home sales declined […]
Maricopa County Sales Data for Fall 2011
WOW: Total active listings have dropped by another 565 units over the beginning of last month. As of September 10, we sit at 27,085 Actives for Single Family Homes and Condos. Sales are at 8498 for the last 30 days (as of September 10), down by 271 from July. We are currently sitting at a […]
Scottsdale and Phoenix Foreclosure Rate Drops
I have written many blog posts about the number of foreclosures in Scottsdale and Phoenix dropping. There are fewer Scottsdale foreclosures for sale than there were last year. Foreclosures in Scottsdale will routinely have multiple bids and ultimately sell for slightly higher than list price. New data from CoreLogic provides further evidence of support. Phoenix […]
Help for Home Owners Facing Foreclosure
Help for homeowners, agency expands the use of funds by Catherine Reagor – Sept. 30, 2011 12:00 AM The Arizona Republic Federal funding to help prevent foreclosures in Arizona is being expanded to more people because the effort has failed too many homeowners, according to the state agency charged with overseeing the program. Of the […]
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