Many homeowners who at one point had a short sale or a deed in lieu of foreclosure are now back in the market looking to purchase again, but until now, many of these potential buyers have had issues obtaining new home loans, mainly due to credit reporting errors. First, let's look at the basics when it comes to buying after a new home after a short sale. FHA home loans - the waiting period Continue Reading
Archives for September 2014
Mortgage Rates Make A Jump Higher!
Mortgage rates were on the rise last week, with fixed-rates making the biggest one-week leap so far this year, Freddie Mac reports in its weekly mortgage market survey. Fixed-rate mortgages are now at the highest level since the week ending May 1. More in Mortgage News: Emerging From the Shadows What’s Necessary to Bring Back First-Time Buyers... Get a Discount on Your Continue Reading
Current Market Inventory
It is no secret that listing inventory is up over this time last year. Currently, we have approximately a 4 month inventory of homes on the market. This time last year it was just under 3 months. Good news for buyers is there are more homes to choose from. Sellers, this means your home must be competitively priced, show ready and well maintained in order to capture a buyer and have your home Continue Reading
Housing Recovery Is Falling Short
Housing activity likely will continue to pull back this year, mostly due to a sluggish job market, but a modest recovery will likely resume in 2015, according to the results of Fannie Mae's August 2014 National Housing Survey. Housing Hinges on Income Growth Income Gap in U.S. Widens Post-Recession More Jobs, Income Growth Needed to Give Recovery Jolt More Americans Squeezed by Housing Continue Reading
Welcome to the County Club setting of Seville.
This fabulous custom home offers its own resort lifestyle with a swim up bar, covered sunken BBQ and cooking area overlooking the pool, covered spa area, large grass play area, double gates, room for expansion and separate garage if desired, amazing mountain views and Continue Reading
Freddie: Economy Will Lift More Markets Soon
Many housing markets remain weak overall, but those with stronger economies and favorable demographics are improving at a much stronger pace, according to Freddie Mac’s latest Multi-Indicator Market Index. The so-called MiMi monitors the stability of the nation’s single-family housing market by looking at home purchase applications, payment-to-income ratios, on-time mortgage payments, and the Continue Reading
Arizona Restaurant Week…Fall 2014…September 19-28
Whet your appetite with great food-and-drink from the state’s most celebrated eateries. With over 100 participating restaurants discover one – or more – to eat at now at discounted prices only during Arizona Restaurant Week. Start making your reservations now as they fill up fast! No better time than to treat that special someone to some of the finest restaurants Arizona has to offer and at Continue Reading
Millennials and Boomers Trading Places
As the economy improves, Millennials and Baby Boomers are on the move, but they’re heading in opposite directions, according to a new analysis by real estate data firm RealtyTrac. Find out why Millennials won't buy a home that looks like their parents' home. Each year, 17 million Americans (or about 6 percent of the population) move into a different county, according to Census Bureau data. Continue Reading
