Michael Dougherty Blog

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Real Estate Broker/Owner - HomeSmart Fine Homes and Land - BR527727000
RECENT BLOG POSTS
Total U.S. mortgage delinquencies, excluding foreclosures, increased to a record high 9.8 percent, representing a month-over-month increase of 5.5 percent and a year-over-year increase of 21 percent based on data as of Nov. 30, Lender Processing Services Inc. said. Scary, Very Scary!!!  
01/11/2010
The Treasury department is now committed to support Fannie Mae and Freddie Mac with as many billions of dollars as is necessary to get them through the next few years. There'll be no limit whatsoever anymore. the Obama administration is writing a blank check, the significance of the move for real...
01/04/2010
An excellent discussion on the new FHA for anyone wanting to get up to speed!FHA Loan Changes - Good Idea? Yesterday, I re-blogged a post about FHA loans, originally written by Ken Cook, one of the lenders I really trust when it comes to FHA information and advice.  I had read his article with gr...
12/05/2009
Thanks Steve, you make some excellent points. We have some areas in Prescott Arizona where Radon can be a problem.This odorless, invisible gas is unequivocally linked to health issues and therefore a serious problem for sellers!  Three deals dead in three months due to radon. This odorless, invis...
12/04/2009
Arizona had Home Building construction jobs while Michigan built cars! Some of the jobs lost during the recession could be gone forever, and others likely won't be replaced until at least 2014. Many of the jobs shed during the downturn won't be coming back at all because: • Employers are getting ...
11/27/2009
  Excellent blog Alan. Thanks for the info because many realtors are new to blogging they need to know what they say is on record and NEEDS TO BE CORRECT!!   Many time, over the last few years, in my experiences on Trulia and Zillow, someone will ask the question of we Realtors "What's the standa...
11/27/2009
Excellent blog Alan. Thanks for the info because many realtors are new to blogging they need to know what they say is on record and NEEDS TO BE CORRECT!!Many time, over the last few years, in my experiences on Trulia and Zillow, someone will ask the question of we Realtors "What's the standard co...
11/27/2009
Almost 50% in our State of Arizona are underwater and unemployment is very high. It is going to be along haul out!!!  As reported in a Realtor News article from their Source: The Wall Street Journal, Ruth Simon and James R. Hagerty (11/24/2009), more than 23 percent of people with mortgages owe m...
11/26/2009
Linda I have attended many of those national cheer leading sessions and I agree. NAR needs to give us reality not sunshine and lollipops! I just returned from the National Association of Realtors convention in San Diego. NAR's chief economist Lawrence Yun spoke to a room packed with REALTORS® and...
11/21/2009
I am seeing the pricing the bank puts on these homes to be HIGH!! I just lost a short sale to foreclosure -on market for 6 months at $199,000 with the best offer I received being $210,000. He went away because of the long wait. I had another cash offer at $200,000 and BofA rejected it as too low!...
11/21/2009
Rainer
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Michael Dougherty

Your Professional Information Source for Prescott
local_phone(928) 442-2121
smartphone(928) 420-0793
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