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Filings slide up 15 percent from Q4 2010, drop 17 percent from a year ago State’s foreclosure rate second highest in the nation Foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 46,047 Arizona properties during the first quarter of 2011, up 15 percent from the fourth quarter of 2010 but 17 [...] 2012 Budget Could Limit Mortgage Interest Deduction By RealtyTrac Staff Best Places to Buy Foreclosures in 2011 By Joel Cone, Staff Writer Foreclosure Activity Decreases 15 Percent in Q1 2011 Foreclosure filings were reported on 681,153 U.S. properties in the first quarter, a 15 percent decrease from the previous quarter and down 27 percent from the first quarter of 2010, according to RealtyTrac. “Weak demand, declining home prices and the lack of credit availability are weighing heavily on [...] Obama throws $75 billion lifeline to homeowners President Barack Obama threw a $75 billion lifeline to millions of Americans on the brink of foreclosure Wednesday, declaring an urgent need for drastic action — not only to save their homes but to keep the housing crisis “from wreaking even greater havoc” on the broader national economy. The lending [...] ‘Realistic’ approach is needed in weak market Those who sell real estate recall those heady days just a few years ago, when competition over the best homes on the market – known as “showcase properties” – was robust. Multiple bids were common, and eager buyers submitted contract offers stripped of all [...] Fannie Mae and Freddie Mac will have lower limits on the size of loans they can buy. WASHINGTON – People looking to buy more expensive homes next year will have fewer options to find financing because Fannie Mae and Freddie Mac will have lower limits on the size of loans they can buy. The changes, effective Jan. [...] Homeowners Avoid Foreclosure with Loan Modification Plan Sources: Gov’t prepares loan modification plan WASHINGTON – The government is preparing to unveil a plan that would help around 3 million homeowners avoid foreclosure, sources briefed on the matter said. A final deal had not been reached as of Wednesday afternoon and negotiations could still fall apart, but government agencies [...] Feds Slash Interest Rates. WASHINGTON – Just how far will the Federal Reserve go in lowering interest rates to save the country from a long and painful recession? Ratcheting its key rate from the current 1 percent all the way down to zero can’t be ruled out. But there are risks in taking such an unprecedented step: [...] Phoenix AZ Area Million Dollar Home Sales Scottsdale home sells for $5.7M A Scottsdale land developer, a founder and CEO of an information technology group and two local Realtors, are among the buyers and sellers in this week’s done deals. $5,791,500. Richard and Kimberly Cabral bought a new 10,645 square-foot home with five bedrooms, seven bathrooms plus two powder [...] |
Samone Bollerud-Beitler I welcome the opportunity to provide you with a level of service and commitment that is truly above and beyond the rest, setting a new standard of results in the real estate industry. I am committed to providing value for you before, during and after the transaction so that your needs are always addressed and satisfied. Specializing in Phoenix Short Sale homes for sellers and buyer. |
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