Month: August 2012 - Page 2 - Scottsdale AZ Real Estate

Gene Montemore
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August 22, 2012
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Personal Finance

Mortgage rates are lower this year, and closing costs are, too.

Gene Montemore
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August 21, 2012
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Housing Analysis

Single-family housing starts were above 500,000 for the fourth straight month in July, a mark not met since the federal home buyer tax credit of 2010.

Gene Montemore
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August 20, 2012
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Around The Home

Over prolonged periods of time, water can warp, buckle, and/or cup hardwood flooring, leading to an expensive and time-consuming repair process.

Gene Montemore
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August 17, 2012
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Real Estate

I found these amazing heat maps showing the height of the distressed properties and foreclosure market in 2010, and the same maps as the market stabilizes. When you visually see how bad the market was in terms of the markings in red, it’s really eye-popping. At the height of the distressed market there were over […]

Gene Montemore
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August 17, 2012
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Mortgage Rates

Mortgage rates rose for the third straight week this week. Could this be the end of rock-bottom mortgage rates?

Gene Montemore
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August 16, 2012
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Housing Analysis

For August 2012, the National Association of Homebuilders reports the monthly Housing Market Index at 37 — an increase of more than 100% from one year ago and the highest HMI value since February 2007.

Gene Montemore
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August 15, 2012
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Housing Analysis

Rising home prices are taking a toll on today’s home buyers. For the first time in 4 quarters — and despite falling mortgage rates — home affordability is sinking.

Gene Montemore
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August 14, 2012
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Uncategorized

This visual market report for 85258 shows the tremendously low amount of distressed properties and extremely low inventory is creating a boon for sellers, and high confidence for buyers looking to move into a stable area. Make sure to check all 3 indicators!

Gene Montemore
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August 12, 2012
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Uncategorized

We just sold 13040 N Hidden Valley in Maricopa, AZ on August 8, 2012. The home is perched high on top of Peed Mountain with incomparable 360 degree views. Sale price – $1,050,000. Click on the icons within the photo below for more information on this one-of-a-kind property.

Gene Montemore
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August 10, 2012
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Housing Analysis

According to data from RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings dipped below 192,000 in July 2012, a 3 percent decrease from the month prior.