Will Congress Extend The Tax Credit?

Will the current $8,000 tax credit for first-time homebuyers and the $6,500 tax credit for second-time buyers end this month? if so will that also mean the end for the housing recovery? It’s a toss-up, say pro-tax credit-leaning advocates. But the program will continue through the end of this year, or at the least, for...

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Josh Coplan Explains New FHA Flipping Rules On The Front Page Of East Valley Tribune

A recent policy change by the U.S. Department of Housing and Urban Development is encouraging flipping to foster more sales of foreclosure homes.   This is a major shift in policy, as the regulations until now required a home to be on the market for 90 days before a home could be flipped. “Flipping” Coplan said,...

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Arizona Department Of Real Estate Releases Short Sale Sellers Advisory

A big concern in today’s market is how advice and suggestions are given to sellers when they need to sell their house that is underwater. Underwater means more money is owed on a property than its current market worth. Often agents are asked to explain foreclosure/REO transactions. they are asked if a short sale is what they...

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Bode Miller Races For Remax

As a RE/MAX Agent who specializes in Phoenix Real Estate it is always a pleasure to see the powerful RE/MAX brand at work. To be a part of RE/MAX Alliance is truly a joy! Check out this Wall Street Journal Article where a photo of U.S. skier Bode Miller accompanied a story about tape delays for 2010 Winter Olympics in...

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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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