Archive for the 'Phoenix Real Estate' Category
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Tags: July 2008 Phoenix housing, Phoenix housing Market Statistics, Phoenix Real Estate
Median Home Prices in Phoenix
Currently the median home price in Phoenix is at $279,000. That’s -15.2% over the past 12 months and -1.8% in the past month. You’ve always heard to buy low and sell high. This is the time for some amazing deals right now.
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Asset Manager
Yesterday I had the opportunity to talk with an asset manager for a large mortgage company. She personally handles 200 foreclosures and feels we have reached the peak. What does that mean, well that could be an indication that the market has seen the worst and will continue to improve as the saturated foreclosure inventory [...]
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New FHA Loan limits
Today FHA (Federal Housing Administration) raised the loan limits to $346,250. (Maricopa County)
The FHA increased loan limits will help thousands of homeowners that
do not fit underwriting guidelines for credit requirements.
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Foreclosure map
If your interested in knowing what states have the highest foreclosures, this maps for you. You will notice that California, Nevada and Arizona really are in the red. (highest foreclosures)
Click here to download the map.
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A short sale story.
The current Real Estate market in Phoenix is a hot topic no matter who you talk to. Here’s one of my stories. On Saturday I met a guy that I played poker with. He was a real nice guy even after he lost his money. While we were getting ready to leave he mentioned [...]
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