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Home Prices Decrease in Mesa

May 28, 2010

As published in the Arizona Republic, home prices in the United Stated have continued to fall throughout the country during the first part of 2010. The average housing price has decreased 3.1 percent from last year at this time. The decreasing home prices throughout the valley can be attributed to the steady stream of foreclosures [...]

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Mesa Home Sales Increase

May 27, 2010

As homes sales begin to rise in Mesa, the housing market is beginning to show signs of recovery. Statistics for both April and May both indicate that home sales are on the rise. As published in the Arizona Republic, the following numbers indicate that the Arizona housing market is on the mend: • Foreclosures did [...]

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Credit Scores: Important When Getting A Mortgage

May 4, 2010

Credit Scores: Important When applying for a mortgage the first thing your Loan Officer will look at is your credit report. By pulling all three bureaus, Experian, Equifax and TransUnion, We can determine your level of risk and your interest rate along with the likely hood of getting you a mortgage loan.  At this time [...]

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Obama Administration Discloses New Homeowner Assistance Program

April 29, 2010

With the countries foreclosure crisis worsening, the Obama administration has been forced to create a new plan for the recovery of the housing market. As published in the Arizona Republic, officials from the Obama administration released  plans for a new homeowner assistance program call the Home Affordable Modification Program. Within the plan there are three [...]

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Arizona’s Plan to Decrease Foreclosures

April 29, 2010

Currently, Arizona is ranked second in the nation for foreclosure rates. Foreclosures  happening around the state are primarily a result of job reductions, and loss of home values throughout the past three years. According to a recent story in the Arizona Republic, because the foreclosure problem in Arizona is so prevalent, the Arizona Department of Housing [...]

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Federal Aid Given to Arizona to Help Fight Mortgage Scams

April 28, 2010

According to the Arizona Republic, The federal goverment will give Arizona  almost $2 million to help in the fight against mortgage scammers over the next year. This federal money will be used toward the enforcement and prevention of scams that lead to the housing market collapse and also, current scam which are preventing the full recovery of [...]

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Phoenix Area Housing Market Depends on Psychology of Buyers

April 27, 2010

The Phoenix area housing market is at a crossroads: long-term or short-term buyers.

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Bank of America Working on New Mortgage Relief Program

April 24, 2010

Bank of America Working on New Mortgage Relief Program

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Home Sales See Significant Rise in February

April 21, 2010

Home Sales See Significant Rise in February on National Level.

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Interest Rates Can Only Go Up From Here

April 19, 2010

Interest Rates: They Can Only Go Up. What can you do in the meantime?

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