This video might just make you laugh- The housing market is terrible

The housing market is terrible, but this video might just make you laugh… or make you angry. Timothy Geithner is having a little trouble selling his $1.6 Million dollar house in New York.

The Daily Show With Jon Stewart	Mon - Thurs 11p / 10c
Home Crisis Investigation
www.thedailyshow.com
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Your FREE MLS Home Listings Search! Thousands of Homes at the click of a mouse

Search Foreclosed HOMES in Phoenix

Looking for a great bargain? Foreclosures allow you to buy real estate for under market value. Find great deals by searching the ARMLS Multiple Listing Service (MLS) for real estate in foreclosures. Search results are always up-to-date and in real-time.

SEARCH FORECLOSURES NOW!

Phoenix Arizona Short Sale Help

If you find yourself in a position where you can no longer afford your home and you owe more on in it than it is worth, then a short sale may be your best option. Simply put, the short sale is a means to sell your property for less than what you might owe to a lender, provided you acquire the approval of the lender. In most cases, it serves as a mean to avoid foreclosure, as most homeowners facing financial hardships or even bankruptcy qualify for this service. The short sale is a viable alternative to bankruptcy and foreclosure, as it offers a legitimate means to deal with the economic pressures you might be facing.

What reasons qualify me for a short sale?

* If you owe more than your house is currently worth, then a short sale might be the best course of action for you.

* Financial hardships, such as divorce, loss of a job, or a decline in income are also reasons to consider this option.

* If you are nearing foreclosure, then the short sale offers an alternate route that isn’t as detrimental to your credit.

* Finally, if you lack equity but are still forced to move, a short sale might be your best option.

Regardless of the reasons; pre-foreclosure consultation is an invalid and important service, and the sooner you receive it the better. Time only acts against you in this situation, so please take the time to speak with a real estate/foreclosure specialist as soon as possible. It will serve as your life vest in these troubling economic times, so don’t waste another moment worrying what to do.

Why do I qualify as a short sale specialist? Why should you call us?

I work on a team that specializes exclusively in short sale negotiations and pre-foreclosure consultations. We are all fully licensed realtors, each with years of experience. In that time, we have built relationships with all the major banks, offering invaluable contacts through which to serve and help you, the homeowner. Above all, we exist to serve you, and offer honest, confidential advice about short sales and pre foreclosure options. Contact us today if you have any questions whatsoever, and remember that we, as a team, exist for your own personal benefit.
Please call today for your FREE NO OBLIGATION CONSULTATION. We would love to work with you. Linda 602-391-8246

Cartoon predicts the future 50 years ago. This is amazing insight!

Notice how the snake oil salesman is considered a "foreign" influence. Kind of like the Israeli influence we have now. "ISM" in this cartoon could stand for "Israeli Slave Master."

Exceptional real estate investment in Phoenix, HOW bout that FHA buyer!!

Phoenix, Arizona is one of the lowest priced housing markets in the West, with exceptional real estate investment opportunities.

But..... How bout that FHA BUYER!!! or shall we call them discouraged qualified buyers.

Not only are we seeing 7-10 offers on every decent low priced REO property, but of those offers about 50% of them are all cash. This has become a problem for the First time FHA buyer, who are constantly losing out to these cash bids.

Trying to sell lender owned homes to FHA buyers can be very frustrating, very time consuming and an extremely long process. Most of the REO listing in the MLS will say they accept FHA financing but when they have other offers for either Cash or Conventional terms it seem like the FHA offer is on the bottom of the pile.

Hopefully as banks release more of their foreclosed properties and the competition lessens as we approach the holidays, sellers will again start looking at FHA buyers. It's a shame that so many will miss out on the $8000 tax credit, lets hope for an extension there.

Millions More Foreclosures Coming

Analysts have estimated the number of foreclosures on the horizon. If the economy is improving, do we really have millions more foreclosures coming? That's what we are hearing and according to the U.S. Treasury, the answer is yes. In written testimony to Congress, Assistant Secretary for Financial Institutions, Michael Barr said that, regardless of the success of mortgage modification efforts, we should still expect 6 million in the next 3 years.

Mr. Barr’s testimony is certainly not welcome news for those anticipating a significant recovery in the housing market. In fact, it is an indication that significant recovery is still years away.

Recent reports have indicated that there are almost 3 million active, interest-only loans with a total value of almost $1 trillion, with loans of about $500 billion set to reset within the next 30 months. Then we have a large group of Option Arm mortgages set to recast during the next 2 years. These loans have a combined value of more than $125 billion.

The rising number of bankruptcies, up 36% in the second quarter over last year, with wealthy families filing at double that rate, creates a “perfect storm” of disastrous consequences for the housing market. With the likely prospect of millions more foreclosures coming, home prices and home sales will remain depressed until the market can achieve stabilization. And achieving stabilization will be a slow and painful process.

I can only imagine the glut of inventory stock at that point, Should make for an interesting real estate market. Full Story

If you would like a list of all foreclosed homes call Linda 602-391-8246 or send me an email azhomes4u@gmail.com

Phoenix Homeowners that need to stop Foreclosure

Phoenix homeowners that need to stop foreclosure
Attention Phoenix homeowners that need to stop foreclosure. Phoenix is ranked in the top 10 of cities with the highest foreclosure rate.

Home values are sinking and owners that are behind on payments with little to no equity and you need a solutions to stop the foreclosure process. Banks are taking back homes in your area and home prices are becoming very competitive. If you are losing equity on a house, you cant make your payments and you dont want a foreclosure on your credit a short sale might be your best option.

AZPrideProperty.com doesn't charge you to do a short sale on your HOME. Keep your money in your pocket.. This is for you if need quick solutions. Homeowners are doing short sales all around the country in order to stop their house from going to foreclosure. If you are a homeowner and your house is for sale but you lack the equity to pay a real estate agent, or pay your loan off you should contact AZPrideProperty.com to stop-foreclosure or if you need more information on what a short sale is you can go to Short sale page. Homeowners that want to submit their information via phone can by calling 602-391-8246.

Phoenix’s Windsor Square Historic District

Phoenix’s Windsor Square Historic District Announces 2010 Home and Garden Tour to be Held March 7, 2010
Historic home tour offers decorating tips, inside peek at one of most sought-after historic neighborhoods in Phoenix. This is a self-guided walking tour featuring 10 historic homes in the Windsor Square neighborhood where homes are 75 years old.


Windsor Square Historic District today announced that its 2010 Home Tour will be held Sunday, March 7. Located at Central Avenue and Camelback Road in the central corridor of Phoenix, Windsor Square is one of the most sought-after historic neighborhoods in Arizona. Presented by the Windsor Square Neighborhood Association, the biennial Historic Home and Garden tour is a self-guided walking tour featuring 10-12 historic homes and gardens in the tree lined Windsor Square neighborhood where homes rich with history are 60 to 75 years old.

Started in 1929, the 260-home neighborhood is considered to be the first “suburb” of the city of Phoenix.

From contemporary or traditional interiors to lush gardens and the latest in transitional styles, attendees will see firsthand how people live in these historic, yet modern homes. Plus, learn new interior decorating ideas and see unique approaches to the outdoors.

The tour and festivities run from 11:00 a.m. to 4:00 p.m. and will give enthusiasts a look at unique architectural styles in homes that date back to the 1930 and 1940’s. During the self-guided walking tour, participants will be also be able to explore fine arts and crafts from street vendors, enjoy delicious foods and hear live music. The cost for the tour is $12, and children under 12 are free.

“The residents of Windsor Square take great pride in their neighborhood and every other year we open our doors to share the rich history of our North Central Phoenix neighborhood with the public,” said Historic Home Tour Committee Chair and Windsor Square resident, Susan Myers. “This year’s will be one of our best tours yet with a wide variety of homes, each special and unique in their own way.”

Tickets will be available for purchase online in advance of the tour at www.windsorsquarephoenix.org. as well as day-of-tour at Medlock and 2nd Street, which is located one block east of Central Avenue and just north of Camelback Road. Free parking will be available. Email wshometour@cox.net with questions.

Event Details:
Event: Windsor Square Historic Home and Garden Tour
Date: Sunday, March 7, 2010
Location: Medlock and 2nd Street (one block east of Central Avenue and just north of Camelback Road

About Windsor Square Historic District
The 260-home Historic District, bordered by Central Avenue and Seventh Street, Pasadena Avenue and Oregon Avenue, was considered the first suburb of Phoenix. Started in 1929, the curvy development with charming homes was created during a time where the population of Phoenix was totaled at 70,000 people and the trolley line ended at Thomas Road. For more information visit www.windsorsquarephoenix.org.

IT'S A JUNGLE OUT THERE! a Real estate "feeding frenzy"

For Buyer's who are trying to make sense of today's crazy real estate market.
IT'S A JUNGLE OUT THERE! a "feeding frenzy" and the survivors only reap the profits. With multiple offers, contract acceptance times running anywhere from a few days to months, appraisals not coming in and with the loan programs changing almost daily. This is a market where only the well thought out plan will survive. FHA Buyers mine as well wrestle an alligator. The Feeding frenzy is here and has been here,with the majority of homes available being short sales, all with multiple offers over asking, what's a buyer to do? Especially at the lower end of our market There is no room for slow decision makers, or indecisiveness if you want a home.

With all of that said, it doesn’t mean that it’s a bad time to buy,it's a GREAT time to buy, interest rates are low and the market is affordable more then ever.The reality is, there are still a lot more short sales and foreclosures and the banks are not really making the effort to make the process any easier, which is why the market, for many, is so complicated.

Now more than ever it is important to have a Realtor you can trust, one that has your best interests at heart, an alligator wrestler, a CNE Certified Negotiation EXPERT.
Give me a call Linda 602-391-8246