Daniel Wexler's (wexler) Blog

Do you feel that Short Sales are outside your area of expertise? If you know and understand short sales, then you are NOT acting outside the scope of ADRE rules of Ethics According to Arizona Department of Real Estate Rules & Regulations - ARTICLE 11. PROFESSIONAL CONDUCTR4-28-1101. Duties to Cli...

"Finance 101 will often tell you that, "the best time to buy is when opportunities are created out of seller necessity. A couple I have worked with for some time, just bought a home straight out of a Builders Inventory (these days, builders have taken homes back from a buyer who could not qualify...

A close friend of mine, who has made a fortune in real estate, in high-flying markets and has protected himself against losses in housing declines, reminds me every Easter (his favorite holiday , I might add) , "Don't put all your eggs in one basket! "  when it comes to real estate; especially he...

Today's Phoenix and Scottsdale area new home buyers Stand Some GOOD NEWS for real estate!!!offer more reasons to buy direct from a New home builder than ever before. A wide variety of communities, location, location, location, modern floor plans, an practically unlimited choices of features, colo...

Prices are dropping; Finally!! New Home Builders are slashing prices in many parts of the valley on new home construction and most notably specs; completed homes currently in their Inventory. Specs offer a unique opportunity for the new home buyer. Increasing competition, tightening profit margin...

Bear Stears, Fannie Mae, Lehman Brothers - Ford, General Motors ?? Is the US Government Next ? Since the US government has taken over Fannie and Freddie, leaving the taxpayer potentially on the hook, I think it's only fair that the government balance it out by also taking over some profitable com...

Price your home right. Not what you want or need, but what the market dictates. Price your home based upon comps of sold properties (within 3 months); Not active listings! Do not overprice your home with the idea you have room to negotiate. Buyers will make offers on lesser priced homes. As you ...

I am concerned with this trend of banks looking away from and discouraging qualified First-Time Hoemeowner buyers . First-time home buyers are what built our real estate economy. First time home buyers create the foundation of liquidity in the housing market. These buyers are the owners who sell ...

the secret victim of all this fallout is the good paying, strong credited neighbor .... who put down large cash payments when they bought. These home buyers cannot walk away. They are stuck with mortgages that cannot be adjusted per proposed legislation. Now anchored in homes with a drastic drop ...

Dear Mr Bernanke, Phoenix area (Maricopa County) real estate is suffering.  The decline in Phoenix area housing has had a crippling effect on the Phoenix economy. Unemployment within the Phoenix real estate industry including Realtors, loan officers, mortgage brokers, appraisers, inspectors, new ...