Housing News from The Wizard of Waz

Real Estate Sales Representative - Wizards of Waz Real Estate
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Inventory of Maricopa Arizona subdivision homes for sale moved up ever so slightly this week. It is interesting to note that in spite of this small increase, available short sales and foreclosures edged downward which continues to show a movement towards investor owned resales along with a sprink...
Inventory of subdivision homes for sale in Maricopa Arizona has increased very slightly but is still hovering around it's all time lows. All of the key indicators have remained pretty steady but this could change soon as the seasonal buyers are in the process of Migrating back home. I estimate th...
Realty Trac just released information showing that there has been a recent resurgence in distressed homeowners turning to short sales. Although short sales have declined on a long term basis, this could signal a turning point. Short sales even outpaced bank-owned REO sales in 12 states, including...
This article, posted by DSNews, talks about the new guidelines that fall under the Servicing Alignment Initiative rolled out last fall and aim to bring greater transparency to the short sale process and expedite decisions related to these pre-foreclosure sales. Beginning on June 15, Realtors that...
This article fron CNN news talks about the wave of foreclosures that is expected to hit now that the litigation between the AGs and the major lenders has been settled. As I mnetioned in previous posts, there has been a large number of vacant homes in Maricopa Arizona that have been foreclosed on ...
This article from DSNews explains how Bank of America is chaning their Equator module with hopes to reach a decision on short sales in three weeks. Since I process a large number of short sales through Equator, I recently recived an email from them requiring a number of BofA  docs to accompany al...
This article, brought to you by Housing Wire, mentions that there was a 12% increase in short sales versus 2010 and that the amount was nearly double that of 2009. That being said, it also mnetions that delinquent loans have dropped to their lowest level in over three years. Without a doubt, thes...

Bill "Waz" Wasowicz

local_phone(520) 840-0185
smartphone(480) 390-5043
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We live, work, play and know the Maricopa area. We specialize in Short Sales and Foreclosures and love to help any buyer find the right investment or any seller conduct their sale properly and in the right time. Contact us anytime for updates in listings and the latest in short sales and foreclosures in Maricopa AZ homes.