RECENT BLOG POSTS
Well, the road closure on 52nd Street still continues to be a pain in the (you know where). McDowell to Thomas Roads are still torn up to pieces and there is no southbound access. It's loud, and ugly, and appears to have no end. Well, at least it did until recently. I've finally seen a light at t...
07/11/2008
I just learned from a very reliable source in the bond market that interest rates could rise as much as 2 or 3 points in the next 9 months.  Although I have yet to confirm this with a secondary source, this would make a huge impact on the home-buying landscape.  2 to 3 points means an 8 or 9 perc...
06/22/2008
You still have time to make a difference and help secure land for a newly proposed Phoenix Sports Complex instead of condos. There are so many benefits from having a city park in this particular location, I can't see any other development doing greater good for that area. Please get involved toda...
06/03/2008
Well, there's a bill on the ballot today called Proposition A. It's a measure allocating funds to parks and preserves in Phoenix. Although I am typically never for giving money to the government, this is one of the few things I am all for. Parks are a tricky thing because they really don't have a...
05/20/2008
Armls (www.armls.com) posted a new bulletin for agents visting its site recently about how neighborhoods can combat the Mosquito epidemic that has been sweeping the Valley as a result of the Foreclosed homes with standing, untreated pools.  You know the type...The kind that turn green (sometimes ...
05/14/2008
I was in the office the other day when I overheard a colleague say something profound.  He was on the phone with someone else when he said "Our job is not so much about Real Estate as it is about managing expectations."  The moment he said it, it made perfect sense.  80% of my job is managing exp...
05/12/2008
After reading the Wall Street Journal's "The Housing Crisis is Over" by Cyril Moulle-Berteaux, the whole real estate community is excited at the prospect of being over the worst of the crash.  All the economic indicators point to a market that has bottomed out and is on track to be on the way bac...
05/09/2008
  Did you ever get the "my younger sibling has it so much easier than I had it?".  I know I did.  I remember having a 7:30 bedtime, never being allowed to eat anything with sugar in it, having to stand in the corner for "time out", and not having cable!  Yes, I know that sounds terrible, but it w...
05/06/2008
So I have this preforeclosure listing in the West Valley for $120,000.00.  It's a 3 bedroom, 2 bathroom, 1461 square foot, brand new single family home.  Located in a great, developing area, here's an amazing opportunity to pick up a nearly new home for next to nothing. This home features upgrade...
05/04/2008
I have been performing Short Sales for the past six months or so.  While I am now understanding the process required to perform a successful short sale, I am still unclear about the incentives to perform a short sale as opposed to just letting a property foreclose.  Is it really just about the cr...
05/02/2008
Rainer
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J.P. Benedict

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