A major tax break for homeowners who do short sales is scheduled to disappear at the end of the year. The 2007 Mortgage Forgiveness Debt Relief Act allows homeowners to short sell their home and not pay tax on the amount forgiven. It is scheduled to expire six months from now, on December 31, 2012. […]
Case Shiller Reports Phoenix Home Prices Rising Fastest in Nation
Case Shiller is reporting that the prices of Phoenix homes are rising at the fastest rate of all cities in the US. The average price of a home in Phoenix increased by 2.2% between February and March. That is the largest increase of all 20 cities that Case Shiller monitors. Seattle was second with 1.7% […]
What to do in a Multiple Offer Situation
As the Scottsdale real estate market has surged in the past several months, we are seeing more and more multiple offer situations. While no buyer is ever happy about being involved in a bidding war, it is becoming common in Scottsdale. Unfortunate for buyers (and fortunate for Sellers) it is often the only way to […]
Phoenix Home Values Up 25% In Past 12 Months
The Phoenix Business Journal is today reporting that a new report from Arizona State University shows that the average Phoenix home is up in value 25% in the past 12 months. The Phoenix and Scottsdale real estate markets have seen a huge surge in the past year, but home prices are still at a huge […]
Number of Scottsdale Homes for Sale Way Down
Check out the newest graph published by the Arizona Regional MLS board. This graph makes it blatantly obvious how few homes are on the market this year compared to the last two years. During the first quarter of 2010 there were 37,530 homes for sale. During the same quarter of 2011 there were 32,657 homes […]
Phoenix and Scottsdale Real Estate Market Snapshot
Here is a quick snapshot of the current Phoenix and Scottsdale real estate market as of February 2012: Active inventory of homes for sale was 23,732, a 41% decrease from February 2011. Closings of homes sold were 7,276 closings in February 2012, 1% above February 2011. Months of Inventory was 3.3, down from 5.6 […]
Scottsdale Foreclosure Homes for Sale
Now is a great time to buy Scottsdale Foreclosures. There are fewer and fewer becoming available as the Scottsdale Real Estate market continues to improve. Below you will find the current bank-owned homes available in Scottsdale. This page will update daily and add any new homes that come available. Carmen Brodeur JD Realtor Trillium Properties, […]
Scottsdale Real Estate Market Looking Up in 2012
The Scottsdale Real Estate market is expected to show price increases during 2012. During 2011, the economic forecasting firm Fiserv predicted that home values would sink around 5% in 2011, and that prices in three-quarters of the nation’s major metro areas would fall. This turned out to be fairly accurate. The good news is that […]
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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.
