• Arizona
  • Thursday , Feb 1 , 2018

Fed to Begin Publishing Rate Forecast

Starting Jan. 25, the Fed will be providing greater insight into its decision-making about the economy, including where short-term interest rates are heading....

The Federal Deposit Insurance Corporation (FDIC) as Receiver for six failed banks has announced a $515.4 million settlement with JPMorgan Chase & Co. and its affiliates (JPMorgan) of the receiverships' federal and state securities law claims based on misrepresentations in the offering documents for 40 residential mortgage-backed securities (RMBS) purchased by the failed banks.

Economic growth, an improving job picture, greater consumer spending, and slight improvements in the housing market are all recent indicators that 2011 is ending on a much brighter note, Fannie Mae reports....

Fannie Mae outperformed rivals Freddie Mac and Ginnie Mae in December and across 2011....

Arizona homeowners should be on the lookout for a mailing that appears to be a legal document, but may be a ploy against mortgage consumers, Attorney General Tom Horne said today. The mailing comes in an envelope that appears to be an official legal or government document, but there is no company name or return address on the envelope or the letter itself.  A call to the toll-free number in the letter reveals the company as Fresh Start, based in New York.

The homeownership rate is at its second-highest level on record, according to a new Census Bureau report. Find out which regions and cities have the highest rates....

A survey by the Consumer Electronics Association (CEA) reveals that more than 50 percent of NAR members are excited about new home technologies, and nearly 67 percent say that their clients are as well....

When buying a home we are often consumed with what the immediate costs are to close on the home and what the decorating and furnishing costs may be as we are getting ready to move in. A lot of times when buying a home we don't consider what costs may arise down the road, and if buying a resale home there is no guarantee how soon "down the road" might occur.

The average sale price for a residential property in Pinal County rose 22.5 percent in the first quarter of 2013 compared to the same period last year. While there were only 1,568 homes sold in the first three months of this year versus 2,104 in the first quarter of 2012, the average sale price went from $126,170 one year ago to $154,616 for the most recent three month period ending March 31st. The average square footage remained relatively similar at 1,945 for 2013 and 1,970 in 2012.

The home ownership rate is facing its biggest drop since the Great Depression, according to 2010 Census Bureau figures released this week....

As the second leg of NAR's Home Ownership Matters Bus Tour kicks off in Atlanta this weekend, NAR President Ron Phipps says, "Home ownership is under attack, and we want to make sure that people understand what's at stake."...

A lawsuit is being revived in federal court from a group of California home owners who allege that eight major homebuilders are responsible for the loss in value of their homes and for their neighborhood becoming less desirable....

A bill gaining momentum in the Senate seeks to help home owners who owe more on their house than it's currently worth....

Have you seen a strange looking bug outside your Phoenix area home?  It could be earwigs. Earwigs in Phoenix, Mesa, Gilbert, San Tan Valley and other areas are common so read on to learn how to identify these funny looking, but harmless bugs.

The CEO of luxury home builder Toll Brothers Inc. says that consumers may be taking longer to purchase a house, but once they do, "they still want all the bells and whistles."...

Are you looking to sell in the next 30 days? The next few months? Or even considering selling sometime this year? You may want to sit down with a professional Realtor and devise a plan. The market is changing and if you are holding out for the right time to buy or to get that extra money due to the market increases over the past year you may want to make sure that you are fully informed on what the market holds in the future of 2013.

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