The Great Tsunami of Foreclosures – Shake up or Shaky Ground?

December 21, 2009 by Kristin LaVanway · 3 Comments 

We have been hearing about it for over a year – the great tsunami of foreclosures that the banks are hoarding that will eventually flood the market and tank our fledging recovery. But is this fact or fiction? Here’s a look at the numbers here in Phoenix…

Here in Phoenix Friday Morning News – 12-13-2009

December 13, 2009 by Kristin LaVanway · Leave a Comment 

A wrap-up of the Phoenix real estate market, brought to you by a couple of Lego people. This week: Inventory levels.

The American Nightmare – Why More Homeowners are Walking Away

December 10, 2009 by Kristin LaVanway · Leave a Comment 

The Wall Street Journal discusses why more homeowners who are underwater on the mortgage are making the decision to default on their mortgages and rent.

How Trustee Sales Work (Part 1)

November 27, 2009 by Kristin LaVanway · Leave a Comment 

Over 4,600 homes were auctioned at Trustee Sale in Maricopa County over the last month. Here is an overview of how Trustee Sales work (first in a series), who is involved and which homes make it to the auction.

Buying A Home – Stage 4 – Negotiating

July 9, 2009 by Kristin LaVanway · 1 Comment 

Despite continued reports that buying a home in the Phoenix real estate market is like shopping at a swap meet, there are just not enough homes on the market to satisfy the demand. Competition can be fierce, especially for the choicest properties. Keep that in mind when you submit your offer…