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

Sun City AZ was Del Webb’s first and premier age qualified community.  Mr. Webb envisioned a community dedicated to the wants and needs of persons who were retired, or soon to retire. He knew these buyers were active and wanted to remain so.
Sun City was built with a recreation center, (now 7) a golf course, [...]

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 [...]

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 [...]