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How much damage did Institutional Investors do in Phoenix Real Estate?

The myth of the institutional investor hurricane whirling through Phoenix real estate inventory leaving no rock unturned has replaced the myth of shadow inventory.   Thanks to our friends over at the Cromford Report, let’s dig in to see what the actual damage has been.   The top Buying entities have been:   1. Blackstone […]

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How to Twerk Your Real Estate Business

I’m going there, I’m writing this article. After being eye-assaulted by a misguided once likeable tween star from the VMA’s, I felt compelled to somehow rid myself of the vampire of images I’ve been left with.   To flush myself of the mess that I really didn’t mean to watch (I was out and it […]

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Strong Appreciation in Home Prices during 2nd Quarter

According to the Federal Housing Finance Agency (FHFA) records, the home prices are following the healthy growth in the second quarter with a 2.1 percent increase in the quarter. The home prices witnessed an increase of 0.7 percent in the last month of the quarter, May-June. The FHFA made a remark that the 2nd quarter […]

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Thousands default again as HAMP program limps along

  The Home Affordable Modification Program (HAMP) was launched in the year 2009 to help house owners facing immediate foreclosure. More than 1.2 million house owners received help under the scheme. However, according to the report of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), as many as 306,000 borrowers are re-defaulting […]

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Freddie Mac Not the Protective Sibling You Expected

Those looking to short sale may be shocked at how Freddie Mac will treat their hardship   In this weeks episode of local radio show Real Estate Rescue, host Tracy “Royce of Real Estate” will be uncovering what some agents and industry professionals pray isn’t true about one of the largest mortgage investors in the […]

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Phoenix Real Estate Market Update August 2013

Phoenix Real Estate showing promising trends despite the hype   Real Estate Blog – if you like this sort of information, please subscribe to my blog or follow me on Facebook. I make a consorted effort to have a continuous stream of information of what’s happening in the Valley real estate news and trends. I […]

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Inventory Shortages Good News for those who need to Short Sale

Short Sale not the only option for Homeowners now that prices are up and inventory is down   After the real estate bubble burst, the median home price came down by 27.6 percent in between 2006 and 2011. Doing a short sale became the norm and the real estate market & homeowners went through a […]

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Upside Down Mortgage Leads Homeowners to Abandon Properties

When leaving becomes easier than dealing with upside down mortgage Facing foreclosure is already stressful, and if you’re living in the property, it can seem downright claustrophobic. But, those owners that try to go through the short sale process in Arizona are doing their best to exit gracefully. Other owners are simply giving up, giving […]

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Experience made the difference

I was so impressed with Tracy ... I needed to sell my home and was looking for a realtor that is thorough and knows the ropes. My house was under a contract and sold in 2 weeks! She told me that staging was the way to go and it made all the difference. I would recommend Tracy if you are looking for a great realtor who knows what she is talking about....

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