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Just CLICK HERE to download this free pass. If you stop by our office located in Downtown Chandler, we’d be happy to give you one too. Just let us know… another great benefit offered to our clients and friends. If you haven’t done so yet, we’d really appreciate it if you are active on Facebook to please “like” our Fan page to get the word out to all about the great things Integrity All Star Realty does for our clients and our community!
Current Metro Phoenix Real Estate Market Update
“the market recovery that prevailed from March 2009 to November 2009 was followed by stability between December 2009 and May 2010. We no longer have stability or recovery. The market is in decline.” From the Cromford Report 8/17/2010
- Wow! Sure sounds a little depressing when reading the latest articles written by Mike Orr of the Cromford Report. Click on photo above for the PDF of the entire article if you are interested in reading all of the details. It’s basically a result of the Tax Credit giving us an artificial demand for housing- when that went away, so did demand and now prices have dropped.
- We’ve seen an increase of homeowners as a result call to get started with the short sale process. They’ve tried hanging on as long as they can but this second wave of decline has hit them to a place where the recovery seems doubtful if they remain in their current home/situation.
- LUCKILY INTEREST RATES ARE AT AN ALL TIME LOW and coupled with SUPER LOW PRICES COMPARABLE WITH THE MID 90’S IN MANY AREAS- The monthly payment and overall savings to just 6 months ago far exceeds what someone had received with the tax credit.
- We have a great home in Maricopa for example- $70,000- built in 04, 2300sqft, with a principal and interest payment based on an FHA loan of only $350 a month??? That’s just with $2500 down!!
- We saw some homes sell in March and April for much much higher because people were driving prices up just to get the tax credit and with a higher interest rate at that time too. Same home would easily cost $8k more just a few months ago right off the top not to mention what the difference monthly would add up too in just a few years of ownership.
- SO MORAL TO THIS STORY- IF YOU “MISSED OUT” ON THE TAX CREDIT- BE GLAD AND BUY A HOME TODAY! IT’S ACTUALLY A MUCH BETTER TIME TO BUY THAN IT WAS JUST A FEW MONTHS AGO!
Our Website allows you to search the MLS on your own just like we do- Click here to search homes in your area now! or call us at 480-243-4242 and we’ll be happy to send you a list of Foreclosed Homes or any type of home that you may be looking for.
What are the Top 3 ?’s people ask when considering a Short Sale instead of a Foreclosure?
Rebecca Hidalgo sits with Corey Peterson of Kahuna Investments and discusses the most FAQ’s she sees when clients contact her for advice/consultation on doing a Short Sale. (Corey is an investor and helps many people by buying their homes with cash for a quick close)
1. Do I have to be late on my mortgage payment(s)?
2. When can I buy again?
3/4. (tied) What are my tax obligations and can the bank come after me for the loss (deficiency)?
Watch the video and if you’d like to discuss your own situation with Rebecca, please fill out our quick online questionnaire about you and your home or call Rebecca @ 480-243-4242.




