Nothing gives us more satisfaction than being able to help a family out from under a home they are upside down on and can not afford any longer, into their next home.  With today’s crazy low interest rates and sales prices, now really is the time to buy.  It’s usually much more affordable than renting and the key is the right counseling up front so that sooner than later, you too can be back in the buyer market again after either a Short Sale or Foreclosure.

Some can buy a “Home Again” right away, some take 2-3 years for their credit to re-coup enough in order to do so.  We partner with Ryan Nelson of Academy Mortgage right up front at time of Short Sale application so we can game plan the right solution for you and your family right from the beginning of the Short Sale process.  This helps to ensure we get you into your own “home again” as soon as possible.

Please call our office at 480-243-4242 to get started or Click HERE

On occasion, when someone is shopping around online for their next Realtor, I need to be able to share these recommendations and it would be so appreciated if you are willing to take a couple of minutes to express your experience with my services if I did a good job for you. Those that do will get a FREE pair of movie tickets to Harkins Theatres and if there isn’t one near you, I can certainly find a Theatre that is! Please click the box below to give me a recommendation! You will need my Name: Rebecca Hidalgo and my email address: rebeccahidalgo@cox.net. I really appreciate it!

Thank you!

Seems the whole world at the end of any given year going into the next makes New Years’ Resolutions and Goals of things they’d like to do in the following year. 

For me, to be a better Mom and Wife and take better care of my health… pretty boring stuff- somewhat the norm- I do also want to buy a home again myself as my own waiting period of 3 years after a Short Sale or Foreclosure is coming around already and I figured I probably wasn’t the only one.  Since 2007, with the help from my team, we’ve helped over 300 families either Short Sale their home OR buy a home and we’d love to do the very same for you or someone you know that may need our help. If you are one of our past clients, the timing may be right for you this year to buy again too?

IF SHORT SALE is something you’ve been putting off- PLEASE DO NOT put off any longer- as it stands now, The MORTGAGE FOREGIVENESS ACT OF 2007 signed by Bush is set to expire at the end of this year.  Short sales can take 3-6 months on average.  If this does not get extended soon, I predict that we are going to have a rush of Short Sales towards the second half of this year which may cause additional “traffic jams” with the lenders. Some folks trying to do a Short Sale in 2012 may miss the boat entirely for the forgiveness of the “Phantom Income” that the banks issue via 1099s at the end of each year from their losses on distressed loans. DON’T let this happen to you or someone you know! Click Here to get started with the Short Sale Process

On the flip side, it’s never been a better time to buy- RATES are @ 4% and sales prices lower than I’ve seen in most of my nearly 20 year career in Real Estate.  Click Here to see the in depth Power Point Presentation from Mike Orr of the Cromford Report with very interesting statistics on our current market and what it’s done the last couple of years.

Either way- we are here to serve! Please feel free to call us anytime at 480-243-4242 for help achieving your Real Estate Goals!

Which city is most expensive?  Least?  Where does your city rank this year compared to last year?

<—– See chart provided by The Cromford Report for these interesting statistics.

There’s also a big difference in price per sqft changes depending on the price range.  To read the latest market update from Cromford, click here.  Seems the prices under $150k are on the uptick and we’ve noticed a lot of competition by investors for those homes, which have caused a moderate price increase just recently.

Typically we see a major slow down in activity during the holiday months, it will be interesting to see what these numbers look like in the spring time but it does seem the bottom has passed us here in Arizona.  No one is predicting huge gains but in recent months, we have not seen any drops which is a great indicator we are finally on the road to recovery.  Thus why we are seeing so much investor activity in our market these days.

If you have any questions or are interested in receiving help with either purchasing or selling a home, please feel free to give us a call at 480-243-4242.

Rebecca toured this fabulous community with Romie Tealdo and she shared with us what makes this place special.

One of the most unique things we found about this gated community is it’s offering of air conditioned 1000 sqft RV garages that are detached from the main home.  It’s not in the outskirts of town either, centrally located in North Mesa just a few minutes from the 202 Freeway.  All of the homesites are oversized to accommodate this amenity; however there is so much more here that meets the eye. Click here for more Community Information.

Benefits to building new rather than fighting over the Foreclosure homes in today’s market are:

• Brand New Homes have energy efficient features not normally found in Foreclosures
• Build it the way YOU want it; no gutting or remodeling required
• Home Warranties and no mysteries about what the previous owner may have done to the home
• Peace of Mind; Easy process- no bidding wars to get into or lose out on

With homes starting in the mid-300’s and today’s rates being so low; one could have a “Custom home” for a production price, meaning it’s within reach to have the home of your dreams.  Don’t settle for less! Click here for the current prices & floorplans.

Most people in this market, may have homes to sell and we are happy to consult with you to find out how to make the switch, just give us a call at 480-243-4242 for a FREE Market Analysis of your current home.  We can help make this move a reality for you and your family.

We are starting our list for folks who can take advantage of this new program, already have our first client who qualified for this program- he just did his 2nd short sale with us 1 year ago.  His new mortgage payment will be $400 less a month than what he’s paying for rent.  If you or someone you know lost their home to either Foreclosure or did a Short Sale and it’s been less than 3 years (FHA minimum waiting period if someone had “lates” on their mortgage); they should really consider doing this program while it’s still around… Time and Funds are limited.

Tara Bianco talks with Rebecca about refinancing options.  If someone can either PURCHASE a home or qualify to refinance- they should- today’s rates are the lowest ever in history!

Part of her team at Amerifirst Financial is Jeff Underwood who speaks here about Upside Down Mortgages with Fannie Mae/Freddie Mac that can refinance at today’s low rates as well.

If you want to stay in your home and need help affording it, before you try for a loan modification- you should see if you can refinance today first.  Loan modifications are bandaids to the real problem of being upside down, so please consider a Short Sale before you decide to ding your credit with a loan modification attempt, which most seem to fail.

Full Details

http://www.integrityhomebuyingguide.com/listing/mlsid/8/propertyid/4634431/syndicated/1/cgltguid/9C7E8FA8-F494-4E90-8368-063BA2AA5D2F/?ts=crg

Like an appointment to see this before it’s gone?  Call 480-243-4242!

Full Details

http://www.integrityhomebuyingguide.com/listing/mlsid/8/propertyid/4515827/syndicated/1/cgltguid/4DEB3FA9-35F7-4B76-9FB3-4B7C7E0F549B/?ts=crg

Listing Courtesy of Rebecca Hidalgo, Integrity All Star Realty, LLC

The below chart is very interesting because it shows the Inventory Levels in the last 10 years for here in the Valley; compliments of The Cromford Report. I’ve had the pleasure of working in Real Estate now nearly 20 years, since 1993. When I started my career, I mainly focused on selling HUD homes which are definitely becoming quite prevalent in our marketplace again. Real Estate traditionally will bring someone a 5-6% gain in value year over year here in the Valley because of the steady flow of Supply and Demand- that was until 2004 when we saw our market go “crazy” and values increase exponentially.

To put this into perspective- our “happy place” for supply and demand typically is about 4-5 months worth of inventory.

Today we have just 27,618 Active properties in our marketplace and 104 days worth of inventory

Last Quarter; May 2011- we had 33,094 Active properties and 132 days inventory

Last Year; August 2010- we had 43,417 Active properties and 172 days inventory

Clearly the trend is downward with our Active properties available to pick from; but the word has not gotten out to the general public yet- therefore we have not seen a jump in prices as of yet.

Our average price per square foot today is just $82.46 and our prices have been relatively stagnant since September 2010. The question is how long will that last? Inevitably, the law of Supply and Demand will have to kick in sooner or later and the prices will definitely start to rise at some point in our near future.

When I reflect on my own career- today’s pricing is very comparable with the nineties and rates under 7% were considered very good back then. Today we are happy when rates are below 5%, which means monthly our homes cost us less today than they probably ever have ever in recent history.

In 2004, I had the first Holiday Season where my business did not slow down at all. The Days of Inventory in November 2004 were just 46. The “peak” of our market was April of 2005 when the supply was at 31 days of inventory VS the worse we have seen being in April 2008 (just 3 yrs later) at 425 days of inventory available. Our advice to folks watching the market and trying to decide when it’s safe to get back in it- is TODAY is the day but you MUST have patience and be prepared for the bidding wars and multiple offers.

It can be frustrating, but it’s worth it because the prices & rates are still so low. If you or someone you know is considering making a purchase and needs help from an experienced and trust worthy Realtor- please let us know. Contact us here to get started OR call us at 480-243-4242 & we will gladly send you a customized list of homes to check out!