by kramoltz@hotmail.com | Feb 26, 2015 | Home Buying, Mortgages + Lending
As of July 1, select home buyers in Maricopa County can take advantage of the Your Way Home AZ program. An offshoot of the HUD for Home Purchase Assistance project, the state version provides eligible buyers with up to 22% of a home’s purchase price. The statewide...
by kramoltz@hotmail.com | Feb 26, 2015 | Canada and Canadians
The U.S. government’s Western Hemisphere Travel Initiative has impacted travel by Canadians to the U.S. The question is whether the passport requirement portion of the law has been as disruptive to Canadians traveling to the U.S. as once was feared. As of June 1 all...
by kramoltz@hotmail.com | Feb 26, 2015 | Real Estate Facts & Figures
With great fanfare the real estate media announced that the number of homes on the market in parts of the greater Phoenix area had declined in the last few months. As detailed in Part 1 of this blog, certain cities showed a decrease in the monthly supply of homes for...
by kramoltz@hotmail.com | Feb 26, 2015 | Real Estate Facts & Figures
Time on the market statistics are an important indicator of the health of a real estate market. One of the indicators of a recovery is when the residential resale inventory falls below a six-month supply. This means, on average, homes listed for sale will accept an...
by kramoltz@hotmail.com | Feb 24, 2015 | Foreclosures + Short Sales
Although there are monthly variations in the number of foreclosures around the country, it is usually not difficult to figure which states will be the leaders. Arizona continues to rank in the top three, but there are a few surprises in the national distressed sale...
