DAILY REAL ESTATE NEWS | FRIDAY, JANUARY 10, 2014 New mortgage rules take effect Friday that set out to protect borrowers against risky lending practices. One of the biggest changes is that borrowers will likely need to show more proof that they can actually afford the mortgage they’re applying for. Here are two main terms to know from the new rules: “Ability-to-repay” Continue Reading
Archives for January 2014
One of our pending listings made the news….read on for details:
By Maria PollettaThe Republic | azcentral.com Tue Jan 7, 2014 10:20 AM A Valley homebuilder that specializes in turning tricky infill lots into high-end subdivisions plans to make over 6 acres of east-central Mesa land pending city approval. Porchlight Homes, which has communities in Phoenix and Scottsdale, would transform the vacant property on the southwestern corner of East Southern Continue Reading
Enjoy “Olive” Canada Week at the Olive Mill in Queen Creek
Event Date: 2014-01-11 11:00:00 AM Address: 25062 S. Meridian Road, Queen Creek, AZ, United States, 85142 "Olive Canada Week" Join us for "Olive" Canada Week from Saturday January 11th-Friday January 17th, 2014. Queen Creek Oilve Mill loves our Canadian Neighbors and welcomes their return to sunny Arizona. Stop in to say hello during our special celebration "Olive" Canada Week. Continue Reading
Upcoming Phoenix Home and Garden Show
The show dates are January 10, 11, & 12, 2014. Adult admission is $5.00 Customer appreciation day is Friday between 4-6pm, everyone attending will get FREE admission! Click this link & register for 1/2 off admission to the show: http://www.maricopacountyhomeshows.com/passes/ There are Home Improvement Seminars each day beginning at 11am. Show hours are: Friday 10 am – 6 Continue Reading
Experts Believe Home Prices To Rise Modestly in 2014
The latest Home Price Expectation Survey shows that most experts believe that home prices will rise 4.3% in 2014 and continue to make steady move upwards through 2018. The Zillow Home Price Expectation Survey is done quarterly and is a nationwide panel of over one hundred economists, real estate experts and investment & market strategists. The latest report for the fourth quarter of 2013 Continue Reading
Mortgage Rates Edge Higher Entering 2014
DAILY REAL ESTATE NEWS | FRIDAY, JANUARY 03, 2014 Fixed mortgage rates continued an upward climb this week, with the 30-year fixed-rate mortgage starting the year more than a full percentage point higher than last year at this time, Freddie Mac reports in its weekly mortgage survey. "Mortgage rates edged up to begin the year on signs of a stronger economic recovery,” says Frank Nothaft, Continue Reading
NAR: Housing Market Is Stabilizing
DAILY REAL ESTATE NEWS | TUESDAY, DECEMBER 31, 2013 Contracts to buy new homes leveled off in November, ticking up slightly by 0.2 percent, the National Association of REALTORS® reports. Pending home sales — which reflect contracts and not closings — were 1.6 percent below year-ago levels. “We may have reached a cyclical low because the positive fundamentals of job creation and household Continue Reading
NAR: Housing Market Is Stabilizing
DAILY REAL ESTATE NEWS | TUESDAY, DECEMBER 31, 2013 Contracts to buy new homes leveled off in November, ticking up slightly by 0.2 percent, the National Association of REALTORS® reports. Pending home sales — which reflect contracts and not closings — were 1.6 percent below year-ago levels. “We may have reached a cyclical low because the positive fundamentals of job creation and household Continue Reading
Eastmark Commercial information
Eastmark Begins Commercial Planning and Selects PCA as Exclusive Listing Broker DMB Commercial is pleased to announce that they have selected Phoenix Commercial Advisors (PCA) as the exclusive listing broker for its first phase of commercial development at Eastmark. The first commercial district is currently being planned at the northeast corner of Ellsworth and Ray Roads to provide retail, Continue Reading
Job Growth to Drive 2014 Housing Market
DAILY REAL ESTATE NEWS | MONDAY, DECEMBER 23, 2013 The housing recovery is expected to remain strong in the new year, driven by economic growth and an improving employment picture, economists say. In fact, job growth likely will be one key to driving housing growth in the new year. An estimated 2 million or more jobs will be created in 2014, predicts Lawrence Yun, National Association of Continue Reading
