Thinking of investing in Scottsdale real estate this year? According to a survey released by Morgan Stanley, the majority of millionaires in the U.S. see real estate as a top investment. The survey shows that 77 percent of investors who own a minimum of $1 million in assets already invest in real estate, and a […]
Phoenix Market Listed in Forbes’ Top 20 for ‘Best Buy Cities’
Looking to invest in Scottsdale homes? The time to buy is now. Forbes recently released a list of 20 of the Best Cities for Real Estate Investors in the New Year. The Phoenix market was listed as one of the most promising markets for 2014, along with a number of other cities that boasted large […]
New Guidelines Help Homeowners to Re-enter Scottsdale Housing Market
Many Scottsdale homebuyers are noticing the immense improvements in the Scottsdale real estate market. However, several homeowners who lost their homes during and after the market crash have yet to benefit from the upturn. New Federal Housing Administration (FHA) guidelines were recently brought forth to remedy this. Introduced in August, these new rules are helping […]
Phoenix Home Prices Approaching Levels Seen in 2004
If you bought any Scottsdale real estate before 2005, you may be pleased to find out that the value of your home is approaching what it was when you bought it. Phoenix home prices have been continuously rising. Though they have not yet peaked, Phoenix home prices have nearly reached pre-2005 levels. The Federal Housing […]
All-Cash Sales Gain Prevalence in Scottsdale Real Estate Market
Scottsdale is a popular city for investors, snowbirds, retirees and other wealthy homebuyers. Because of its resort atmosphere and abundance of luxury homes in a unique desert atmosphere, the Scottsdale real estate market has always attracted affluent full-time and part-time residents. Many Scottsdale home purchases have been made mortgage-free. Today, the number of all-cash home […]
Scottsdale Foreclosures Continue to Decline
A drop in mortgage delinquencies equals a drop in foreclosures, and the number of mortgage delinquencies in Scottsdale is plummeting. Scottsdale foreclosures are becoming few and far between. The Arizona market has shown significant improvements as far as mortgage problems go, more so than in other states. The mortgage delinquency rate in Arizona took a […]
Why Canadians are Investing in Scottsdale Homes
The recovery of the Scottsdale real estate market has been fueled largely by foreign investors, especially those from Canada. Data recently released by the National Association of Realtors (NAR) shows that in May, individual investors were responsible for 18 percent of Scottsdale home sales, and in 2012, one out of every four home sales was […]
Scottsdale Market Improves, Fewer Homeowners Underwater
The Scottsdale market is continuing on its steady recovery. Across the Phoenix area, a smaller number of homeowners are underwater on their mortgages, and prices of homes are soaring upward. This, of course, includes the prices of Scottsdale homes, which are some of the most popular on the market. Figures from Zillow Inc. show that […]
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