Blog
Latest NewsN. Mark Kramoltz, JD, GRI, CIPS writes blog articles on the metro Phoenix, Arizona, national and global real estate markets. Written from his perspective as a designated broker and real estate attorney, his articles avoid the inaccuracies and vacuous industry propaganda common to most real estate writings. Due to his love of animals and military history, he also frequently writes about dogs, cats and horses that have played a role in military conflicts. Subscribe to his blog now!
Are There Foreclosures in Scottsdale?
Long largely immune from the fluctuations in the greater Phoenix market, Scottsdale has not been able to avoid the current adverse conditions. At one time the opinion that homeowners in the “Beverly Hills” of Arizona would lose property by foreclosure in significant...
First Time Home Buyer Tax Credit at a Glance
The loss of the new home buyer down payment assistance/gift program in mid-2008 couldn’t have come at a worse time. With the real estate market already slowing dramatically, the disappearance of the most valuable incentive to purchase a new home hit builders hard in...
Buyers are Increasingly avoiding Distressed Properties
Buyers have discovered that it is not necessary to purchase a distressed property to obtain a great deal these days. According to its November 2008 survey, Harris Interactive reported that the number of buyers willing to consider the purchase of a bank owned property...
Opportunities grow despite the Slowdown
Home sales in 2008 will be the worst in a decade - and that is not adjusting for the population growth during that time. Nationwide, the government figures show that home sales declined 8.9% from October to November, and November was down 17% compared to that same...
Simplified Passport Renewal for Canadians
For those Canadians living in the United States, Passport Canada has announced a Simplified Passport Renewal process. Previously the mail-in renewal process required that the application be verified by a specific type of person (such as an attorney). Called a...
Foreclosure Reporting
James B. Lockhart, Director of the Federal Housing Finance Agency today released the first monthly Foreclosure Prevention Report, which provides comprehensive monthly data on the loan modification efforts of Fannie Mae and Freddie Mac. Fannie Mae’s HomeSaver Advance...