I just wanted to take the time to wish all of the a very happy and prosperous New Year! If you are anything like me, you are both excited and maybe a little anxious about what 2011 may have in store for us. Personally, I'll be watching the market like a hawk as I always do and am prepared to make
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12/31/2010
Not a lot of surprises in this article but good information noentheless. The article also addresses the statistics on loan modifications. As I have mentioned before, I am very concerned about the market in Maricopa Arizona and the impact that the release of the lender backlogs will have on home v
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12/30/2010
This article states that, when it returns to session, Congress will tackling the issue of how the government will be involved in housing finance. It also details how private investors have virtually fled from mortage backed bonds due to a distrust of Wall Street. This is pretty scary stuff as it
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12/30/2010
My office just received it's HUD certification and I am applying to become a listing agent in Arizona (BLS Resources). It's an unusual application as they ask for a marketing plan and also ask a number of questions about your approach to real estate. Does anyone know where to point me for advice
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12/29/2010
Most of you know by now that Bristol Palin, the Dancing With the Stars finalist", has purchased a home in my community of Maricopa Arizona. Whatyou may not be aware of is the impact thyat I expect this to have on the housing market here. Let me outline my thoughts on why this can only be a good t
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12/29/2010
Every Monday I update the numbers on my spreadsheet which tracks the Maricopa Arizona housing market, subdivision homes only. Here is the latest news: ACTIVE: 838, down from 865. This is a 7% decline for the month of DEC. Inventory continues to slide due to the various foreclosure moratoriums and
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12/28/2010
While 90 day-plus deliquencies are on the decline, this article states that they for outweigh the number of of foreclosure starts. The obvious result is that foreclosure inventories continue to rise as the effects of the various moratoriums continue to be felt. It will be very interesting to watc
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12/27/2010
Here is this week's summary of the weekend news from Housing Wire. Not a whole lot happening over the Christmas weekend but the FHFA sent a number of rules to Freddie and Fannie and it appears that the first lawsuit stemming from the failure of Lehman Brothers is FINALLY underway. Hope you enjoye
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12/27/2010
I just wanted to take the time to wish all of you RainMakers a joyous Holiday Season. Take the time to slow down and embrace what this time of year is all about. Even though it may seem like it, it certainly is not about mall shopping, putting up Christmas lights, running from party to party, etc
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12/23/2010
Trulia, who most acknowledge as the #3 home search site behind Realtor.com and Zillow/Yahoo Real Estate, has made a couple chamges that they hope will increase their market share. First of all, they have acquired Movity a company which specializes in allowing buyers to get to know the places they
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12/22/2010
