Archives for September 2009

Here are the average days on the market for August 2009 Continue Reading

$169,000 (or $899 per month for rent)6001 E SOUTHERN AVE 85 Mesa, AZ 852062 Bedroom/2 Bath1,181 square feet2 car garageAll appliances included!HOA maintaines your front yard!Community has pool, spa, & use of the beautiful Superstition Springs Golf Course.Call today for a showing (480) 330-6242 Leah Hamman (agent of Keller Williams Integrity First Realty). Continue Reading

There are a number of personal and emotional reasons to buy a home. But there are also some strong financial reasons to make the investment. In addition to exceptional home affordability and near historic interest rates, here are some important financial benefits of owning a home: Increased Net Worth: Few things have a greater impact on net worth than owning a home. In a comparison of renters Continue Reading

"BE WILLING TO MAKE DECISIONS." General George Patton. And that's exactly what the Fed did last week at their regularly scheduled Federal Open Market Committee meeting. But just what did they decide...and what do their decisions mean for home loan rates? The Fed said they are going to ration out the remaining commitment of Mortgage Backed Security purchases through the first quarter of 2010. Continue Reading

Buying Your First Home Memories and Money Await YouFirst-time homebuyers (FTHB) are taking advantage of one of the best real estate environments we have ever seen. Home affordability this year has been at an all time high with low interest rates and declining home prices. However, buyers on the fence should not be complacent. Home prices in many markets have not only stabilized but are rising. Continue Reading

Arizona Restaurant Week is going on now September 19th-26th (Saturday-Saturday)! If you want a spectacular 3-course dinner from top notch restaurants but don't want to pay high prices,...now's your chance! This allows you a full week to enjoy all of your favorite restaurants at a special value price and try out new restaurants as well.Restaurant week offers a 3-course meal for only $29 a person & Continue Reading

As you can see in the chart above, Housing Starts have fallen significantly since June 2008, but in last week's report, they broke free to come in at their highest level since last November. Building Permits were a bit lower than expectations, but the overall report suggests that while we're not entirely out of the woods yet, the worst in the housing market may have passed and that the industry Continue Reading

The members of My Arizona Home Team take a yearly trip to Rocky Point Mexico. We normally use this as a team building event. This year on our trip we will be helping a minister there who puts packages together for families in the area. We are collecting blankets, coats (children especially), knitted gloves, knitted ski hats of sorts, shoes for kids (tennis shoes would be great), toys, dry staple Continue Reading

That's not a misprint. The mortgage buyer -- now run by the government -- is the best performer in the year after Lehman's collapse. But it still trades for under $2. Read on for more info: http://tr.im/za1w Continue Reading

Signs of a housing-market bottom have emerged. Sales of new homes are up more than 30% from lows reached early this year, and sales of existing homes are up nearly 17%. Shares of companies that build homes have turned higher, inventories of unsold new homes are down and home prices have ticked up after steep declines....for the complete article click here: http://tr.im/z5wH Continue Reading