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Gold Canyon Arizona Real Estate Stats-September 2014

– Posted in: Gold Canyon Real Estate
September  2014 – Real Estate Stats – Gold Canyon Arizona at a glance September saw some shifts in the market from the past few months. There was an increase in the number of “distressed” sales for the first time since October 2013. (“Distressed” means a home that was either a short sale or a foreclosure [...]

Gold Canyon Arizona Real Estate Stats-August 2014

– Posted in: Gold Canyon Real Estate
August  2014 – Real Estate Stats – Gold Canyon Arizona at a glance August brings with it the last of our seasonal monsoons, and soon the weather will become cooler. We’ll begin to see more returning “snowbirds” and seasonal residents and visitors. Let’s see what happened in August with real estate sales in the Gold [...]

Gold Canyon Arizona Real Estate Stats-July 2014

– Posted in: Gold Canyon Real Estate
July  2014 – Real Estate Stats – Gold Canyon Arizona at a glance July 2014 home sales shows 20 homes sold. Of these 20 sales, only 1 of them was “distressed” when the sale occurred. Average price per square foot for sold homes in July 2014 was $140.15. Average price of homes sold in Gold [...]

Rule Change For Home Owners With Short Sale History

– Posted in: Phoenix Real Estate
If you are a former home owner who has had a short-sale be aware that the timeline is about to change for when you can try and re-qualify for a new home loan. On August 16, 2014, conventional loans guidelines will require a 4 year waiting period on short-sales regardless of how much a borrower’s [...]

Lenders Reporting Lower Loan Requirements

– Posted in: Phoenix Real Estate
Recently the home mortgage lenders we work with have been advising that loan requirements for some home buyers have been relaxed a bit. This may mean that for some home buyers they will have a chance to buy a home in this current market. Normally, FHA lenders require at least a 620 credit score to [...]