February 2008 - Posts
Trulia Voices is a forum for asking real estate questions. Here is a recent question that I thought would be of general interest: “The house I'm interested in sold for $307,000 in 2006. The asking price is now $359,000. That seems to high for
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January's sales trends update. Having now completed the first year of publishing this chart, I will now present the data in an ongoing rolling 12 month format. I think it's important to compare the data over a long period to get a better feel
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(This is a guest article by Richard Blair of Professional Mortgage Consultants, www.PMCHomeLoans.net) One of the most frequently asked questions from borrowers is why home mortgage rates do not fall after Federal Reserve cuts rates. In fact, after each
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The Arizona Regional Multiple Listing Service (ARMLS) has published the 2007 4th Quarter Economic and Market Watch Report, available here , along with prior reports. It covers extensive economic and housing data broken down by zip codes for Maricopa and
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According to the median price charts from Altos Research , it appears that Tempe prices have finally started to bottom out around $300K. Only time will tell if the trend holds. Except for Scottsdale, all other cities being tracked are still heading down.
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Twenty-one condos (classified as "Townhouse" and "Apartment Style" in the MLS), closed in January, in line with December's 22 sales. Active homes are currently at 345, again no real change with inventory remaining at about 16 months.
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I had commented awhile back on the question I typically get from buyers about the safety of various neighborhoods . I still get this question from almost every new buyer I meet. Of course, everyone wants to live in an area they consider safe. I just can't
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