Archive for March, 2010
Report: Housing market may stabilize this spring
Tuesday, March 2nd, 2010The hard-hit Phoenix-area housing market may finally stabilize this spring. According to a new report from the W. P. Carey School of Business at Arizona State University, a record stretch of price drops may soon come to an end. The Arizona State University-Repeat Sales Index (ASU-RSI) measures changes in average Phoenix-area home prices from year [...]
Resource to Reduce Short Sale Stress
Tuesday, March 2nd, 2010According to the most recent REALTORS® Confidence Index, buyers continue to be discouraged with the extended short sale process, which frequently results in foreclosures that could have been prevented. New resources from the National Association of REALTORS® aim to help REALTORS® and consumers successfully navigate the short sale process to help more home owners avoid [...]
10 Home Features Buyers Want
Tuesday, March 2nd, 2010Home designers and builders speaking at the recent International Builders Show in Las Vegas say that buyers are seeking cost-effective features and rejecting things that don’t have lasting value. “It’s all about family togetherness – casual living, entertaining and flexible spaces,” says Carol Lavender, president of the Lavender Design Group in San Antonio. Paul Cardis, [...]
Phoenix Luxury Condos on the Road to Foreclosure
Tuesday, March 2nd, 2010Most of the units in 44 Monroe, the swank, 196-unit luxury high-rise could be headed for foreclosure. The bank has filed a notice of trustee’s sale, the first step toward taking over 182 unsold condos. The units are scheduled to be sold to the highest bidder on April 14, according to county documents. A notice [...]