by kramoltz@hotmail.com | Feb 28, 2015 | Foreclosures + Short Sales
In normal market situations, a bank will repossess a home and usually get it to a Realtor for listing in the local Multiple Listing Service in as short as 30 days. Therefore, in a relatively short period of time, virtually every marketable lender owned property (a...
by kramoltz@hotmail.com | Feb 28, 2015 | Foreclosures + Short Sales
The West has been a leader in the number of foreclosures in the United States in first half of 2009. But have things changed? What about the amount of equity in homes? How much have Arizona homeowners lost, and how does that compare to our neighbors? First, in...
by kramoltz@hotmail.com | Feb 28, 2015 | Foreclosures + Short Sales, Real Estate Facts & Figures
Arizona’s residential real estate market is schizophrenic right now – a dichotomy of healthy sales in some segments versus years on the market in others. The good news is that lower sale prices overall have allowed buyers once priced out of the market to enter...
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...
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 | 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...
