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