Phoenix Area Real Estate Blog

I’ve added a link at the top of the blog to search MLS.
This search provides you with a tremendous number of search criteria, enabling you to search almost anywhere in Arizona, not just Phoenix, Scottsdale, and Maricopa County.  For most homes you’ll find pictures (when available), school district information, subdivision details, property description, etc.  It’s [...]

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We have lowered the price to $419,000 on this great 4 bedroom, 2.5 bathroom house in Ahwatukee.  This fantastic family home at 13001 S 37th Pl features a very large lot, with a grassy area that’s bigger than most “normal” homes have, and then adds to that with a large diving pool.  The tri-level layout allows [...]

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There are currently 76 active properties for sale in Dynamite Mountain Ranch. The average asking price per square foot over all 76 properties is $163/sq foot.

Size Range
Price/Square Foot
Number of Homes

under 2000 sq ft
$177/sq ft
30

2000-2500 sq ft
$154/sq ft
30

2500+ sq ft
$161/sq ft
16

*data as of 8/22/2007, via ARMLS
In the last 30 days, 2 properties have moved to sale [...]

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The Phoenix Real Estate guy found a great KPNX TV story that has information about the current market, along with some opinion about where the market is headed.
John Wake found that Robert Sarver purchased shares of Meritage Homes.
Over at Bloodhound.com they are talking about if there has to be a bail out of Countrywide.
Gary and Shannon [...]

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A lease-purchase or lease/purchase option, is a lease, with the option to purchase the home in the future.

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The federal reserve just announced that they have lowered the discount rate by 1/2 point to 5.75%.  The stock market seems to have reacted favorably, as all major indices are up today, but how will the housing market react?  This is difficult to judge.
BlogArizona ponders:
“…lower interest rates would obviously make me happy.  Lower rates will decrease a [...]

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I was forwarded a copy of an Arizona Daily Star news article that reported that the retail arm of First Magnus Financial Corp, Great Southwest Mortgage , is no longer funding loans. On their website, First Magnus states that it is “not fund(ing) any future mortgage loans, and is not accepting any mortgage loan [...]

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