Prescott area real estate agent sharing tips and tricks for buying and selling properties

Just like the previous week, twenty new foreclosed or short sale homes came on the market last week, about one in every 5 homes being listed in the Prescott Arizona Area MLS system.   5/20 are short sale listings (see yellow highlight). Is there a flood of foreclosures ready to hit the market?  S...

Many lenders, real estate agents, and home builders applauded when HUD said it would let banks and local governments offer short-term "bridge loans" to cover the down payment for first-time buyers eligible for the tax credit. The loans would have been available to applicants for federally insured...

Someone asked me about this today!So there are actually 203k consultants that you can hire to come to the prospective property and develop not only a list of FHA required repairs, but also home improvements that the buyers have on their wish list. How it works is, if approved, all of the improvem...

Twenty new foreclosed or short sale homes came on the market last week, about one in every 4 homes being listed in the Prescott Arizona Area MLS system.   6/20 are short sale listings (see yellow highlight). Want to see what the latest sales figures are for the Prescott Az area forelcosure market...

Activity in the distressed home market in the Prescott AZ area remains moderate with 18 homes closing in the first 15 days of May.  This compares to 42 homes sold by traditional resales during the same period. The average price per square foot for REO and short sales was $98 and the average time ...

The Wall Street Journal said that ZipRealty reported this week healthy year over year sales increases and signs that prices were leveling off for the Phoenix metro area. ZipRealty reported that Phoenix led the nation in the change in the number of homes listed for sale at the end of April compare...

 Eighteen new foreclosed or short sale homes came on the market last week, about one in every 6 homes being listed in the Prescott Arizona Area MLS system, and one third of the closings were distressed sales in Prescott, Prescott Valley, Chino Valley, Dewey-Humboldt and the outlying areas of Yava...

The Wall Street Journal recently ran a couple of articles on the unforseen impacts that short sales can have on homeowners who use short sales to avoid foreclosure.  Many Prescott and Prescott Valley homeowners facing foreclosure are under the impression that there are no consequences when the ba...

Activity in the distressed home market in the Prescott AZ area was weaker this time with 15 homes closing in the last 15 days of April.  This compares to 44 homes sold by traditional resales during the same period. The average price per square foot for REO and short sales was $88 and the average ...

 Twelve new foreclosed or short sale homes came on the market last week, about one in every 10 homes being listed in the Prescott Arizona Area MLS system, and one third of the closings were distressed sales in Prescott, Prescott Valley, Chino Valley, Dewey-Humboldt and the outlying areas of Yavap...