This post listing 5 Great Reasons to Buy a Home Today was just posted by Steve Harney. Steve is a great real estate trainer/analyst, and tells us why he is so happy that his son just bought a home.
Read it Here. 
Jim Little, your Sun City Neighborhood REALTOR© I try a “Little” harder

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 [...]

The First Time Buyer Tax Credit is set to Expire December 1, 2009.

If you are thinking of buying a home, this means you MUST CLOSE ESCROW November 30 or sooner!
There is some consideration to extending it, but the government may well run out of money. It is only logical that you can’t spend money like [...]

When you google something like “homes for sale in…” or “real estate agents in…” you will find the first several pages of hits are probably not agents or brokers actually working in the area you are interested in.
Who are they? Aggregators, companies that specialize in capturing your contact information and selling it to agents for [...]

People trying to sell a home today ask me, “Why do I have to sell such a low price”?
The answer is at once simple and complex. The Phoenix AZ market is currently driven by the lenders selling foreclosed properties. In addition, there are many people who face foreclosure. Currently there are over 40,000 notices of [...]

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 [...]

The Consumer Confidence Index improved 14% over the low in February. I have said for a year that confidence, more than anything else except affordability creates housing demand. Both measures are excellent today.
Nationally and locally, resale inventory is dropping(5% in the Phoenix metro, I’ll post June 1 with more detail on Sun City Neighborhood and [...]

My Promise to Home Buyers
•1  Help with the qualification process
•2    Recommend 3 local lenders
•3    Identify suitable properties
•4    Set appointments and show qualifying properties
•5    Prepare buyers estimated closing costs on selected property
•6    If a new home is selected, help review the Public Report and developers contracts
•7    If a resale home [...]