If you enjoy both history and fixing things, then you may have trouble driving by historic homes for sale in Scottsdale without feeling the urge to buy and fix one up. Before you do, however, you should know the three R’s of fixing historic homes — Restoration, Renovation, and Repair. Restoration “Restoration” is the process […]
The U.S. housing market continues to make home price gains. Earlier this week, the S&P/Case-Shiller Index showed home prices gaining 4.3 percent during the 12-month period ending October 2012, marking the largest one-year gain in home prices since May 2010. The Case-Shiller Index measures changes in home prices by tracking same-home sales throughout 20 housing […]
A simple way to save money is to improve your home’s energy efficiency rating. For example, Scottsdale homeowners can save up to 9 percent per year on water heating costs simply by installing a water heater jacket. Water heater jackets are easy to install. Here’s how you do it : First, before you go shopping, […]
Single-family housing starts took a small step back in November. According to the monthly Housing Starts report from the U.S. Department of Commerce, single-family housing starts tallied 565,000 in November 2012 on a seasonally-adjusted, annualized basis. This marks a 4 percent decline from October, but is more than 100,000 higher than the count from 12 […]
The process of buying a foreclosed home is slightly different from the process of buying a non-foreclosure home. If you want to invest in Scottsdale foreclosures, therefore, it is important to understand the different ways by which to purchase a foreclosed home. There are three main ways to buy a foreclosed home. Buying before the […]
<!– This material is non-exclusively licensed to Gary May and may not be copied, reproduced, or sold in any form whatsoever.–><p><img style=”float: right;margin-left: 10px;margin-right: 10px” title=”Housing Market Index December 2012″ src=”http://bringtheblog.com/i/nahb-hmi-201212.png” alt=”Housing Market Index December 2012″ width=”216″ height=”302″ />The National Association of Home Builders (NAHB) released its Housing Market Index (HMI), showing another monthly gain […]
Foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale. In its Q3 2012 report, RealtyTrac says that 193,059 homes in some stage of foreclosure were sold, accounting for 19% of all residential home sales. In addition, pre-foreclosure sales — also known as “short sales” — climbed 22% […]
Mortgage bonds worsened last week, moving mortgage rates higher.
The Improving Market Index added 76 metropolitan areas in December as compared to the month prior.
Great news! Our contacts we have at Chase and Bank of America let us know over the past week that the Metro Phoenix market has been upgraded from a “declining market.” What does this mean to you? For starters, it means the largest mortgage lenders now acknowledge that the housing recovery is well under way. […]