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Archive for April, 2009

As President Obama stated this week, things are looking better…but there are still rough times ahead.  That is not an exact quote, but it gives you the idea.  That same sentiment is a reflection of the real estate market in the Phoenix, Valley of the Sun area.
The stimulus plan to forestall foreclosures with loan refinancing and modifications [...]

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Prices continued to fall in the Phoenix area.  But, it is all good, folks.  You may be asking what is good about declining property values.  Well, the upside to this question is the blunt truth.  As home prices become more affordable, home sales go up.  We need to get to the bottom line so that the [...]

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The FHA Hope For Homeowners program is still in effect and will continue to offer homeowners assistance with loan modifications through 2011.  The FHA Hope For Homeowners was initiated by Congress in October 2008.  President Obama’s administration has implemented the Home Affordable Program offering loan modification and refinance options for distressed homeowners.  The Home Affordable [...]

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