Posts tagged as:

foreclosure

Understanding the Housing and Economic Recovery Act

by Dru Bloomfield on August 6, 2008

Shailesh Ghimire over at CTX published a post last week that gives some insight into the inner workings of the HR 3221, the Housing and Economic Recovery Act of 2008.  Entitled, How to Take Advantage of the Mortgage Rescue Bill, the article explains how the process works, what the roadblocks could be, and cost of accepting government [...]

One of the toughest parts of “my job” is going to listing appointments where the home owner is “upside down”, owing more on the home than it would sell at in today’s market.  It’s not just the home owners who purchased in the real estate run-up several years ago that are having problems, owners who [...]

A Real Estate Correction

by Dru Bloomfield on May 20, 2008

I’ve mentioned a couple articles related to the Phoenix and Scottsdale real estate markets in the past week or so.  Keeping an Eye on Scottsdale Real Estate Jay Butler at Arizona State University published his updated real estate report, covering the Phoenix metropolitan area, yesterday.  Greater Phoenix resale numbers up for April, median prices down But, the [...]

Scottsdale Real Estate – Prices May Vary

by Dru Bloomfield on March 17, 2008

I got a call from Misty Williams at the East Valley Tribune this past week for an update on the Scottsdale real estate market.  It’s challenging to cover such a wide-ranging topic in a twenty minute phone call, yet Misty asked some excellent questions and took away the key points of our conversation.  The front page photo [...]