Fannie Mae and Freddie Mac To Overhaul Short Sale Process
Posted by relocateaz on Sep 25, 2009 in financing, Foreclosure, News, Short Sale | 2 comments
Breaking news in the real estate community. This week Gabrielle Harrison the VP of REO sales for Fannie Mae, and Ingrid Beckles the Default Asset Manager at Freddie Mac announced an overhaul to the short sale process at the two companies. A crowded room at the 5 Star Conference this week erupted as Gabriele Harrison announced...
LDS (Mormon) Temple Gets the Go Ahead In Gilbert
Posted by relocateaz on Sep 9, 2009 in Community, Gilbert, News, Real Estate | 0 comments
Plans for an LDS Temple to be built in Gilbert near Pecos and Greenfield road is now one step closer to a reality. There is currently only one Temple in the Phoenix Metro Area. However the population of LDS members is growing quickly giving rise to the need for more Temples. There are currently an estimated 100,000...
What is Shadow Inventory? And Are Big Banks Manipulating the Real Estate Market?
Posted by relocateaz on Sep 4, 2009 in Foreclosure, housing market, Real Estate | 1 comment
So it seems to be the new buzz word swirling through the Arizona real estate market these days, but what is the Shadow Inventory? To put it simply, Shadow Inventory is the residential homes that have been given back to the banks(foreclosed on) and processed by the banks, yet have not been put back on the market. So is the...
May 2009 Residential Home Sales
Posted by relocateaz on Jun 21, 2009 in housing market | 0 comments
Before last month, the last time there were more residential home sales, was 45 months ago in August 2005! May 2009 had a record number of sales (for the Greater Phoenix area) at 9,290 … compared to 8/2005 that boasted sales of 10,031. Overall, May was an improving month for Arizona home sales. Comparatively, ...
Mortgage Relief Program – We’ll Make Your House Payments For You
Posted by relocateaz on May 6, 2009 in Community, financing, housing market | 2 comments
This Arizona Real Estate Agent Follows Car Company Promise Real Estate veteran and community advocate, Troy Reeves, of RE/MAX Alliance Group, is now offering a Mortgage Relief Program, to new homeowners who may be worried about losing their jobs. Home buyers who purchase a home from Troy Reeves and The Reeves Team, in 2009,...
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