Zero Down Mortgages are a blessing for people with good income but without a savings account. If that sounds like you this may be your year to buy a home.
If you are a veteran of the U.S. Armed Forces you already have access to a zero down mortgage program through the Veterans Administration. If you are not a vet there is a new program following FHA guidelines with funds available through the National Housing Fund (a non-profit company) that is now available to you.
Though technically not a zero down mortgage it's almost as good because you need only 1/2 percent down payment. That means
Thursday, January 9, 2014
Monday, January 6, 2014
Metro Phoenix MLS Listings Stop Increasing
The Metro Phoenix MLS logged its 1st drop in active listings since June of 2013. The recently broken string of 6 consecutive increases in the Phoenix MLS began with 15,718 active listings in June 2013. At that time we were in a seller's market. After 6 months of increases the active listing count reached 24,063 in the Phoenix MLS. That's just short of the 25,000 listings that was customary in the normal market we experienced in the late 1990's and early 2000's.
At the height of foreclosure crisis the Metro Phoenix MLS had just under 55,000 active listings and we were clearly in a
At the height of foreclosure crisis the Metro Phoenix MLS had just under 55,000 active listings and we were clearly in a
Friday, December 13, 2013
Phoenix Housing Market Tracker: November 2013 Home Sales Report
Last month we reported the Phoenix Housing Market had become stable and was on the edge of reverting back to a buyers market. Follow the link to see that detailed report for October 2013. Key indicators show we are still on that path.
Here's a quick summary of the November 2013 Phoenix Housing Market:
5,194 sales, down 885 sales from October 2013 and down 1,652 sales from November 2012. It's also notable this is the lowest sales in any November since 2008.
(History of Phoenix Home Sales)
Price per square foot is $123, or $17 more than last November 2012. The total increase in price
Here's a quick summary of the November 2013 Phoenix Housing Market:
5,194 sales, down 885 sales from October 2013 and down 1,652 sales from November 2012. It's also notable this is the lowest sales in any November since 2008.
(History of Phoenix Home Sales)
Price per square foot is $123, or $17 more than last November 2012. The total increase in price
Thursday, December 12, 2013
Condos for Sale in Tempe AZ: 2725 S. Rural Rd
As Tempe realtors we are proud to present Condos for Sale in Tempe AZ. This Tempe condo is close to freeways, ASU and MCC, shopping centers, a hospital, the Orbit route to the light rail and more! Condos for Sale in Tempe AZ are popular and this 2 bedroom 1 bathroom condo for sale in Tempe AZ is no exception.
Condos for Sale in Tempe AZ
Move-in ready with new dual pane windows, updated kitchen with tile back splash, and new counter top. Newer appliances, stainless sink and faucet, and security screen doors on both the front and back doors for great flow through ventilation. Note that
Condos for Sale in Tempe AZ
Move-in ready with new dual pane windows, updated kitchen with tile back splash, and new counter top. Newer appliances, stainless sink and faucet, and security screen doors on both the front and back doors for great flow through ventilation. Note that
Monday, November 11, 2013
Phoenix Housing Market Results for October 2013: Advantage Buyers?
The Phoenix Housing Market has been anything but stable over the last 7 years. That's all been changing over the last few months. Are we headed back to a buyer's market? Let's have a look at the facts.
Inventory is up, demand is down, and foreclosure type properties have evaporated. Our Phoenix Housing Tracker started keeping statistics about 6 years ago. The combination of factors in today's market creates the closest thing to a stable market we've seen during that time.
Let's begin with inventory in the Phoenix Housing Market. 25,000 active listings was the standard for a balanced
Inventory is up, demand is down, and foreclosure type properties have evaporated. Our Phoenix Housing Tracker started keeping statistics about 6 years ago. The combination of factors in today's market creates the closest thing to a stable market we've seen during that time.
Let's begin with inventory in the Phoenix Housing Market. 25,000 active listings was the standard for a balanced
Saturday, October 12, 2013
Phoenix Housing Market approaching normal status: Sept 2013
The Phoenix housing market appears to be approaching what we could call a normal and balanced market.
Right now you're probably thinking: "What did he just say?"
Forget what you read in the newspaper and hear from the media about the Phoenix housing market. Instead, consider the following facts:
inventory is over 20,000 properties for the 1st time in 2 years (see Phoenix home listings report)
demand for homes in the Phoenix housing market is cyclically down this time of year with ~ 6,350 sales in September 2013 (see Phoenix Home Sales)
the price per square foot in September
Right now you're probably thinking: "What did he just say?"
Forget what you read in the newspaper and hear from the media about the Phoenix housing market. Instead, consider the following facts:
inventory is over 20,000 properties for the 1st time in 2 years (see Phoenix home listings report)
demand for homes in the Phoenix housing market is cyclically down this time of year with ~ 6,350 sales in September 2013 (see Phoenix Home Sales)
the price per square foot in September
Monday, October 7, 2013
Phoenix Housing Tracker
PHOENIX HOUSING TRACKER | HOUSING MARKET PHOENIX
Our Phoenix Housing Tracker was last updated on October 7, 2013 for September 2013 "Sold Homes" and October 2013 Active Homes in the MLS and Housing Market Phoenix.
The synopsis: We have the highest inventory in 2 years as the price per square foot continues to climb while the number of sales has declined for the 4th straight month. We could be headed for a stable market as we approach the lowest selling season of the year!
Clicking on this logo takes you to statistics on the Housing Market Phoenix for average price and price
Our Phoenix Housing Tracker was last updated on October 7, 2013 for September 2013 "Sold Homes" and October 2013 Active Homes in the MLS and Housing Market Phoenix.
The synopsis: We have the highest inventory in 2 years as the price per square foot continues to climb while the number of sales has declined for the 4th straight month. We could be headed for a stable market as we approach the lowest selling season of the year!
Clicking on this logo takes you to statistics on the Housing Market Phoenix for average price and price
Thursday, September 12, 2013
Charming 4 bedroom 2 bathroom Scottsdale home for sale
4 bedroom 2 bathroom homes for sale in Scottsdale AZ listed by Scottsdale realtors Ron and Kristina Wilczek.
This home is located in a wonderful neighborhood and is going to make some family VERY happy. Great curb appeal, wonderfully remodeled bathrooms, an amazing patio, and a backyard complete with Valencia oranges, tangerines, and Ruby red and yellow grapefruit. Let the pictures do the talking then visit this home and send in your offer.
This home offers a great location that is close to downtown Scottsdale, ASU, Tempe Marketplace and Town Lake, and the 101 and 202 freeways. Dual
This home is located in a wonderful neighborhood and is going to make some family VERY happy. Great curb appeal, wonderfully remodeled bathrooms, an amazing patio, and a backyard complete with Valencia oranges, tangerines, and Ruby red and yellow grapefruit. Let the pictures do the talking then visit this home and send in your offer.
This home offers a great location that is close to downtown Scottsdale, ASU, Tempe Marketplace and Town Lake, and the 101 and 202 freeways. Dual
Saturday, July 13, 2013
Phoenix Housing Market Results for June 2013: Sales, Foreclosures, MLS Listings
Home prices in the Phoenix Housing Market took a slight step down in June 2013. After one year of steady increases the price per square foot dropped from $120 in May to $119 in June 2013. The price decrease can be attributed to normal sellers taking slightly less for their homes because foreclosure prices remained consistent.
8,159 homes were sold in the Phoenix Housing Market in June 2013, down approximately 1,300 from May. 79.2% were normal sales and 20.8% were foreclosure type sales (see more details: Phoenix Home Sales and Housing Tracker. Foreclosure type sales are at their lowest
8,159 homes were sold in the Phoenix Housing Market in June 2013, down approximately 1,300 from May. 79.2% were normal sales and 20.8% were foreclosure type sales (see more details: Phoenix Home Sales and Housing Tracker. Foreclosure type sales are at their lowest
Friday, July 5, 2013
3 bedroom 2 bathroom homes for sale in Gilbert AZ 85295
3 bedroom 2 bathroom homes for sale in Gilbert AZ listed by Gilbert realtors Ron and Kristina Wilczek.
We are proud to present this recently renovated home in a fantastic Gilbert location close to freeways, shopping, entertainment, a community park, a hospital, and the Gilbert Temple!
Walk through a courtyard and into this charming 3 bedroom 2 bathroom home for sale in Gilbert AZ that's ready for the owner who can appreciate newly installed, upgraded granite counter tops and travertine-like porcelain flooring with 1/8'' grout lines that adds to it's beauty. Enjoy the
We are proud to present this recently renovated home in a fantastic Gilbert location close to freeways, shopping, entertainment, a community park, a hospital, and the Gilbert Temple!
Walk through a courtyard and into this charming 3 bedroom 2 bathroom home for sale in Gilbert AZ that's ready for the owner who can appreciate newly installed, upgraded granite counter tops and travertine-like porcelain flooring with 1/8'' grout lines that adds to it's beauty. Enjoy the
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