Market Summary for the Beginning of September as of September 3 by Mike Orr/Cromford Report news & Commentary August was similar to July but different from the first half of 2011. Apparently spooked by the debt crisis and the corresponding turmoil in the stock market, the middle and upper end of the market went quiet […]
Phoenix Foreclosure Notices for September 2011
The following is information about the Phoenix Foreclosures notices for September 2011 1. Active Notices of default for residential properties as of the end of August 2011 were 22,733 units. Down from last month of 23,302. This is the 9th month in a row that we have seen decreases in the number of Active Notices. […]
Why Scottsdale Real Estate is an Excellent Investment Right Now
Scottsdale Real Estate has been dramatically affected in the past 5 years. Prices have plummeted as the number of foreclosures in Scottsdale reached historical proportions. Scottsdale Real Estate prices are currently approximately HALF of what they were previously. Many families who were previously Scottsdale home owners are now renters. As a result the demand for […]
New Normal in Scottsdale Real Estate Market May Be Painful
Below is an article from Partridge Partners. It is a pessimistic view of the Scottsdale Real Estate market, but I always like to present countering views, so I am publishing it in its entirety. My personal experience in selling homes in Scottsdale is much more positive. Inventory is down and buyers are coming from all […]
Up to 1 Million Foreclosures Delayed
An estimated 1 million foreclosure-related notices for defaults, auctions, and home repossessions that should be filed by lenders this year will be pushed back until next year, according to the latest report by RealtyTrac. While the delays could give home owners more time to catch up on their payments and try to avoid foreclosure, housing […]
Trends for Scottsdale Luxury Homes
The features and amenities that buyers expect in Scottsdale luxury homes changes constantly. What was popular five years ago is quite different from what is expected today. The hot trends during 2011 in Scottsdale and Paradise Valley homes include: 2 separate offices in the home. His and her offices are all the rage right now. […]
Stock Market Driving You Crazy? Buy a House in Scottsdale!
With the Dow Jones acting like a crazy yo-yo for the past week, many investors are beyond frustrated. The daily swings of 400 points are fraying nerves and making investors very jittery. Why gamble with your hard earned savings in the stock market? Scottsdale Real Estate is down approximately 50%. This is the perfect time […]
Freddie Mac Offers Cash Discount for Scottsdale Condos
Freddie Mac’s HomeSteps unit is offering cash to buyers willing to purchase one of its foreclosed Scottsdale condos that have been lingering on the market. HomeSteps is hoping to unload some of its high inventory of foreclosed Scottsdale condos through the incentive program, known as HomeSteps Condo Cash. Through the “Condo Cash” program, condo buyers […]
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Voted in the Top 3 Real Estate Agents in Arizona by the readers of Ranking Arizona Magazine, 2015-2025. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
