Buying A Home? Make A Plan! Step 1…

June 29, 2009 by Kristin LaVanway · Leave a Comment 

Buying a home is becoming more and more challenging. Inventory levels are shrinking, there are a lot more hoops to jump through to get a mortgage and most deals require some type of bank approval. Buyers are getting frustrated! I would offer up a 5-step house buying plan for you to increase your chaances for success. In Step 1, a little planning goes a long way!

Queen Creek New Home Subdivisions Back in Business

June 27, 2009 by Kristin LaVanway · 1 Comment 

With less than 3 months inventory of homes in Queen Creek, homebuyers are scratching their heads trying to find a home to buy. So it is no wonder that the home builders who had locked up their sales centers for months have opened the doors once again to take advantage of the increased demand [...]

Don’t Let a Little Foreclosure Ruin Your Day!!

June 26, 2009 by Kristin LaVanway · 2 Comments 

Here in Phoenix, thousands and thousands of families are being affected by foreclosure and many others who are in danger of becoming one of these statistics. This is a very tough time for many families, myself included, and it is very easy to become overwhelmed by the stress. Even though we cannot control what happens to us, we can control how we react to those events. Remember, your bank account does not determine whether or not you’re happ

How Does Price Range Affect Inventory in the Phoenix Housing Market?

June 17, 2009 by Kristin LaVanway · 4 Comments 

As of this morning, there is 4.1 months inventory of homes on the market in the Phoenix Metro area. But the price range you are shopping in plays a big role in the actual inventory of homes available to you.

Is It Time To Buy A Short Sale?

June 16, 2009 by Kristin LaVanway · Leave a Comment 

With the inventory of foreclosures on the decline in Phoenix, buyers are sre starting to get frustrated. With less than one month’s inventory of foreclosures, also known as REO’s, some Buyers are looking for alternatives to the bidding wars they are often facing when trying one of these homes.  
Although 2/3 of the homes sold [...]

Why Can’t I Buy A Bank-Owned Property in Phoenix?

June 15, 2009 by Kristin LaVanway · Leave a Comment 

The Phoenix Metro area has made just about every Top Ten Foreclosure List out there…yes, the media is quick to point out how tough things are in the Valley of the Sun when it comes to real estate. The way the news media makes it sound, there are rows of “FORECLOSURE” signs lining every [...]

Five FAQs About Phoenix Summers

June 12, 2009 by Kristin LaVanway · 1 Comment 

Phoenix is well known for its beautiful weather. Here in the Valley of the Sun, we enjoy beautiful, sunny days all year long.  Sure summer in Phoenix is hot, but how bad is it REALLY? 
Check out my video for five FAQs to take the fear out of surviving summer in the Valley of the [...]

Interest Rates Soar? Come on!

June 10, 2009 by Kristin LaVanway · 4 Comments 

Recent increases in mortgage interest rates have some people in a panic. Check out this article in the LA Times . Some of the readers comments are clearly indicating that many believe we are all doomed as mortgage interest rates rise above 5%.  
I say, let’s do a little reality check before we start talking gloom [...]

Good News About the First Time Homebuyer’s Tax Credit…With a Catch

June 9, 2009 by Kristin LaVanway · Leave a Comment 

Good News! The Feds have decided that it is OK to borrow the money you will receive from you $8,000 First Time Homebuyer Tax Credit so you can apply that money towards the purchase of your home. But there is a catch…

Will HAMP Changes to Short Sales Help or Hinder Future Transactions?

June 3, 2009 by Kristin LaVanway · 1 Comment 

Recent changes in the Making Home Affordable program address problems with short sales and offer a streamlined approach that will help distressed homeowners who cannot qualify for a loan modification avoid foreclosure. Check out the details here.          
I personally share the opinion of many Realtors that short sales suck (if you don’t believe me, check out [...]