Big Changes Coming! December Market Update

INVESTOR FEEDING FRENZY !! Like my subtitle? I will explain …  but first this, some good news! Here we are already moving into December and pushing the close of 2011. The economy still is struggling but showing a glimmer of recovery in pockets. Elections around the corner. Europe taking a number of hits as their financial and budget crunch overtakes their economies. But yet we had an amazing unexpected shot of “Black...

Strategic Default – Walking away!

I must first preface my upcoming blog remarks with the following disclosure: The views of the this blog are my personal opinions based on numerous personal research. understandings, seminars with Real Estate Lawyers and CPAs, of which none involved me being professionally qualified to offer Legal or Tax advice for your specific circumstance, and therefore I recommend anyone reading this to obtain such Legal and Tax counsel...

What you accomplished… is… a miracle.

Then there is Diana with her TWO Lenders and the primary Lender selling off the servicing in the middle of her Short Sale! We worked this one aggressively and was able to get cooperation from BOTH Lenders, giving Diana a release of Deficiency and freedom to move on. Her home was a Condo in an established neighborhood. Diana wrote me a very nice email in which she stated, “Thomas, I feel that what you accomplished with...

Homes in Arizona Looking Good!

With all the home problems in Arizona since the great recession and lets face it, Real Estate crash, there are signs of life, opportunity, and the revised American Dream now popping up all through Arizona!  Sure home prices are tremendously low compared to 2006, but they seem to be stable and are showing signs of trying to push up! Inventory of homes on the market appear to be dropping as are “distressed properties” with...

Valley Housing Market Dropping or Not ?

Ok here we go again! July to August home sales DOWN! Foreclosures in August UP vs July! Medium home prices July to August DOWN!  However….. Notices of Foreclosures from July to August down?? So what does all this mean?  SLOW BUMPY RECOVERY with an emphasis on SLOW! The nice little rise we all saw in the first and into the second quarter of 2010 can pretty much be what I like to call an “artificial economic...