9 of the 10 most searched markets last year were sun-drenched cities, according to realtor.com, suggesting the sunshine destinations will continue to have many of the hottest real estate markets in the country. Changing conditions in the sun states resulting from foreclosures and low interest rates created more demand in real estate there compared with other states. The most searched cities were: Las Vegas NV, Los Angeles CA, Orlando FL, San Antonio TX, Miami FL, Phoenix AZ, San Diego CA, Austin TX, Tampa FL and Chicago IL.
Sun Destinations Still Popular
March 24, 2011 By
RE/MAX You Tube Rap Song
March 17, 2011 By
When deciding on a real estate company to help you own a home or sell your property in Phoenix, remember that it doesn’t cost you any more to work with the very best in the business.
Please enjoy this video and keep in mind that RE/MAX is worldwide and our red, white and blue brand is recognized globally. One look at this clip and you’ll be convinced – contact Peoria AZ realtor Andrew Robb to unleash the power of RE/MAX!
Cheaper To Own Than Rent
March 15, 2011 By
Buying a home makes more financial sense than renting in 72% of the largest US cities, according to Trulia, based on an index that compares the median sales price of homes with the median rent on two-bedroom apartments, condos and townhomes. The top five major metro areas favoring home ownership instead of renting are: Miami FL, Las Vegas NV, Arlington TX, Mesa AZ and Phoenix AZ. Since the start of this recession, many former homeowners have flooded the rental market. Following the principles of supply and demand, renting has become relatively more expensive than buying in most metropolitan markets.
FHA Mortgage With Low Credit Score
March 9, 2011 By
Wells Fargo is now providing FHA mortgages to borrowers with credit scores as low as 500. Under this new bank policy, Wells Fargo will accept consumers with credit scores of 500-579 if those borrowers can make a down payment of at least 10%; gifted funds or other down payment assistance is not allowed. For consumers with credit scores of 580-599, borrowers must put down 5%, with the same restriction on gifts or assistance funds. Consumers with credit scores of 600 or higher can make the FHA minimum required down payment of only 3.5%.
Learn About Phoenix Neighborhoods
October 25, 2010 By
As a Phoenix Realtor, there are some client questions I cannot answer. A home buyer who asks what crime is like in the neighborhood might be surprised when I direct them to the Internet for answers. There is some information (including demographic statistics) that a real estate agent cannot speak about due to federal fair housing laws and I prefer to leave some elements, such as the quality of the school district or local crime statistics, answered by other sources.
Some of this information will make or break a decision to buy. The quality of school systems has long been of importance to home-buying families and luckily, there are a variety of sources Phoenix home buyers can use to get the information on their own. Below you will find useful links to check any of the important factors that may determine where you choose to buy your next home.
Phoenix Area Crime Reports by Zip Code
National Sex Offender Registry
Study Phoenix Schools Click on “School, College and Library Search” at the top to see data such as a school’s student-to-teacher ratio and enrollment by race/ethnicity.
