Why Foreclosures Will Go Up In 2010

Last year there were 2.82 million foreclosures, the most since RealtyTrac began compiling data in 2005. Some Analysts expect more than 4.5 million filings are expected this year. There is little doubt among analysts that foreclosures will top 3 million this year. “As bad as the 2009 numbers are, they probably would have...

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Home Sales Rise For Nine Months Straight

The Pending Home Sales Index was established in 2001. Since its inception there has never been 9 consecutive months of growth, until now. December 1st it was reported from the National Association of Realtors that the index reached 114 marking the 9th month in a row that the index has risen. The Pending Home Sales Index, a...

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Gilbert Is Named Safest Community In Arizona

In a study that analyzes trends for total crime, Gilbert was named the safest municipality in Arizona.  Gilbert has a population of 220,000 and was ranked 24th in the entire united states. The good news continues to pile up this year for Gilbert. In the annual heads of households survey 97 percent expressed satisfaction with...

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What is FHA 203k?

The fastest growing home loan on the market is the FHA 203k.  in 2008 there were 10,000 FHA 203k loans, this year there will be 80,000 and next year estimates are over 500,000 FHA 203k loans will be processed.  What is this loan? and do you qualify? read the FAQ below. What is an FHA 203k Loan? The FHA 203k renovation loan...

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The “New” Homebuyers Tax Credit Explained

If you were one of the many Americans, holding your breath in hopes that the New Homebuyer tax credit would be extended, your wait it over. Many had predicted that the highly successful tax credit would be extended, but last week congress made it official and changed the deadline to April 30, 2010. This means that you must...

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