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HUD $100 incentive expiring

July 20th, 2010

In Arizona, HUD's $100 Down payment initiative will expire on July 31, 2010. The $100 down payment was for owner occupants (Any individual who purchases a HUD home as their primary residence for at least 12 months after closing and who has not purchased a home from HUD as an owner occupant in the past twenty four months) purchasing a HUD Home with FHA financing. This incentive will continue t ...

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Desert Ridge, Phoenix June numbers

July 6th, 2010
June numbers for the Desert Ridge area NE Phoenix: 97 Active (as of 7/6);33 pending and 32 AWC (mostly short sales) for 65 under contract. June was slower with 36 closings compared to 45 in May, but average price per foot was up to $141.08 in June from $138.43 in May.  The average sale price was up to $344,140 in June from $337,321 in May and the median was up as well to $363,442 from 345,000 ...

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Should you really stop paying the mortgage?

July 5th, 2010
Hi,

I had a pre-listing appointment this morning.This person was referred to me by an agent who isn't familiar with doing short sales.  It still amazes me that there is so much mis-information out there about what to do.  This nice gentleman was looking for info on short sales and if it was the right thing for him.  While only he can really determine that, I provided the options he has and he ...

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1274 280 S. Evergreen Rd., Tempe, AZ

July 5th, 2010

I just finished uploading this Condo for sale, 1274 280 S. Evergreen Rd., Tempe, AZ

This fanatastic 3 bedroom unit not only has it's own private back yard, but it's one of the very few that also backs to a green park area! Close to the east pool and gate w/ convenient guest parking.New paint & carpet. The first floor features all tile floors & separate dining area. The kitchen features maple ...

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5623 W. Puget Avenue, Glendale, AZ

July 5th, 2010

I just sold this Single Family Detached at 5623 W. Puget Avenue, Glendale, AZ .

View this recently sold Single Family Detached or see all my home sales

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June ARMLS statistics

July 2nd, 2010
HI,

 June numbers are still being refined, but for residential sales in ARMLS, June ended with 9191 a slight increase from May and less than .1% less than June '09. Average sale price was $180,199 and median was $127K. Average was up from May, median down. The median has fluctuated from $125-130K during the last year.

In Scottsdale,June ended with 724 residential closings, up slightly from May' ...

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