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Foreclosures Make Up Nearly 1/4 of Home Sales

According to data released by RealtyTrac, foreclosures represent nearly a quarter of all home sales in the U.S. The number is expected to increase in 2012 as lenders more aggressively try to dispose of distressed assets.

By |March 1st, 2012|Foreclosures|0 Comments

Arizona Foreclosures Jump in January But Still Trending in Right Direction

Recent data released by RealtyTrac shows an increase in Arizona foreclosures from December, 2011 to January, 2012. The good news is there was actually a year over year decline of 41%.

By |February 21st, 2012|Foreclosures|0 Comments

Florida Continues To Lead Nation In Mortgage Delinquency Rates While Arizona Remains High On List

A report issued by TransUnion shows Florida still leading the nation in mortgage delinquencies with Arizona placing fourth on the list.

By |February 15th, 2012|Foreclosures|0 Comments

Obama Pushes Ahead With Phasing Out of Fannie and Freddie

President Obama seems determined to wind down Fannie Mae and Freddie Mac and he has the support of Treasury Secretary Timothy Geithner.

By |February 13th, 2012|Home Loans|0 Comments

Obama To Announce Housing Plan

President Obama is expected to announce a strategy to address the flagging housing market.  His plan would allow for homeowners who are underwater, even those with less than stellar credit, to refinance their homes at lower rates and potentially reduce the principal balance owed.

By |February 1st, 2012|Housing Market|0 Comments

Home Prices Continue To Decline

According to the Standard & Poor's/Case-Shiller home price index, housing prices continued to fall across the country. Surprisingly, Phoenix showed a slight increase but the overall picture looks ominous for the foreseeable future.

By |January 31st, 2012|Housing Market|0 Comments

Obama Turns Attention To Housing Market

President Obama has turned his focus toward the housing market. How much help can we expect in Arizona?

By |January 26th, 2012|Housing Market|0 Comments

13 Places Where Home Prices Continue To Plunge-Phoenix Makes The List

Check out this slide show at It lists 13 cities where home prices continue to plummet. Phoenix isn't out of the woods yet.

By |January 17th, 2012|Housing Market|0 Comments

Distressed Properties Continue To Deflate Housing Prices

New figures released by CoreLogic, a real estate data firm, indicate that foreclosures and short sales continue to put downward pressure on the overall housing market nationwide.

By |January 9th, 2012|Housing Market|0 Comments

New Data Shows Decline in Phoenix Foreclosures

New data released by CoreLogic, a national real estate research firm, indicates a decline in foreclosures in the Phoenix area.

By |January 5th, 2012|Foreclosures|0 Comments