by kramoltz@hotmail.com | Feb 24, 2015 | Foreclosures + Short Sales
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...
by kramoltz@hotmail.com | Feb 24, 2015 | Home Buying, Taxes
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...
by kramoltz@hotmail.com | Feb 24, 2015 | Foreclosures + Short Sales, Home Buying
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...
by kramoltz@hotmail.com | Feb 24, 2015 | Real Estate Facts & Figures
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...
by kramoltz@hotmail.com | Feb 23, 2015 | Foreclosures + Short Sales, Real Estate Facts & Figures
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...