This is a long post, and is provided courtesy on the National Association of REALTORS® and

Orlando Regional REALTORS®. 
The information is valid, now more than ever.

Surveys show that many homeowners and homebuyers are not aware of the true value a REALTOR® provides during the course of a real estate transaction. 
 
The [...]

Prices have declined to 2003-2004 levels and are bottoming out. You don’t have to pay an over-inflated price.
There is still a little room to negotiate with the sellers.
Interest rates are a historic lows, but Treasury has already stated the interest subsidies will go away next spring.
Tax credits of $6500 to $8000 are still available [...]

Not my words, this is the headline from a Business Week writer, Marc Roth.
His position, interest is at ~5% for a thirty year fixed loan. This is a historically low rate, the lowest in 40 years. You can read the original article HERE.
In addition to the points Mr. Roth writes about, think of these.

Inventory is [...]

Yesterday, I finally got around to evaluating the Sun City Market by housing type. ie Single Family vs Condominium. I used the last six weeks of MLS data for this. (9/1/09-10/14/09)
I have long felt that the single family home is more desirable to most of the buyers who come to Sun City, but have never [...]

The Phoenix area real estate is rising from the ashes just like its namesake, the mytical bird.
The lowest priced homes, under $100,000 are selling withind a few days, often with multiple offers.
Bank owned homes, (REO) ar also selling very well. REO new listings have been averaging 4,000 per month. Pending sales in this category are [...]

Pending home sales are up 7% nationwide.
Credit Suisse reports real estate buyer activity is up 20-28% in the Phoenix market. Much of the activity is first-time buyers and investors. I have said often it is the first-time buyer who will lead the way and get us out of this recession.
Investors are paying CASH. It is [...]

As I mentioned in Friday’s post, the use of the first time buyer tax credit toward BUYING A HOME,  is a work in progress.
A very knowledgeable loan originator, Jeff Belonger in Cherry Hill NJ just posted a very good explaination of the rules as they are today. Rather than re-invent the wheel, see Jeff’’s post [...]

Jim Little | Ken Meade Realty | 623-521-6768

9514 W. Greenway Rd., Sun City, AZ

Convenient central Sun City location, Friendly condo group. Your perfect seasonal or year-round home.

2BR/1.5BA Condo

offered at $132,500

Year Built
1972

Sq Footage
1,658

Bedrooms
2

Bathrooms
1 full, 1 partial

Floors
1

Parking
2 Car garage

Lot Size
405 sqft

HOA/Maint
$145 per month

DESCRIPTION

Enter this beautiful duplex condo [...]

Just reduced to $132,000!
A lovely 2 bedroom 2 bath twin home.