PhoenixHomeKey.com

Don't look now but oil prices are climbing. This should worry today's home buyers and would-be refinancers because some of the same forces that helped to push crude past $50 for the first time in 4 months also cause mortgage rates to rise. March 18, the Federal Reserve committed an additional $1.15 trillion to support the economy. ...

Turn on the TV or open a news paper and you will find lots of news about foreclosures and sellers not being able to pay their mortgages and how difficult it is to sell a home right now. Compare that to 2005 when the shoe was on the other foot and it was the sellers who had the upper hand, being able to sell their homes in under 30 days with ...

Mortgage delinquencies are on the rise nationwide, but the news may not be as bad as it appears at first glance. Using anonymous data from its national credit database, TransUnion reports that 4.58 percent of American homeowners were at least 60 days past due on mortgage payments last quarter. Comparing the statistic to the data from a year ago, ...

Gilbert Sold Homes Data for January 2009 In Gilbert Arizona, a total of 233 homes sold in January 2009. Of that 233, 126 of them were lender owned properties which represents 54% of all homes sold. 32 short sales were successful in January which represents 13% of all sold homes. As of February 9th 2009 there are 2079 homes active for sale of ...

We frequently get asked the question as to where the market is going.  In our opinion, even the best experts can’t say because we are truly in unchartered waters.  That being said, being analytical, we like to use what we do know.  We DO know mortgage rates are at record lows.  We DO know rates are at ...

While reports of large snow falls in east parts of the United States we have had a temperature drop here in the Phoenix Valley. The temperature has come down from over 100 degrees to the beautiful 80's with lows in the evening in the 60's. This is why we live here in Arizona. Sure we have to put up with higher temperatures in the ...

As real estate professionals we spend a lot of time looking at property, prices and area developments that effect the local housing market. As such we are now begining to see what can only be described as smoking deals on homes in certain parts of the Phoenix valley. First time home buyers and investors, now is the time to seriously start looking ...

Traditionally home ownership in the United States has run at around 62% on average, that is until the housing boom that was created by the powers that be (I will let you decide who you would like to point the finger at there) decided that it would be good for everyone and the economy if that number was increased. For home ownership to become a ...

Whilst preparing my monthly sub-division analysis reports I am continually amazed at the numbers I see being produced for the sub-division of Cortina in Queen Creek. With the current economical situations and housing turmoil constantly in the news, you would be lead to believe that nothing is selling and the housing market is ...

The government takeover of Fannie Mae and Freddie Mac is forcing John McCain and Barack Obama to consider the proper fix for the companies' long-term structure.  A key question in that effort: How aggressively should a new administration promote homeownership?  Most of the discussion from the candidates has been about how to stem ...