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July 2008
July 31, 2008
July 28, 2008
Will the Housing Bill help?
That is the big question. The President is set to sign the bill today with it going into effect on October 1st. The bill calls for lenders to take big losses on their current loans. The Wall Street Journal's article covering this topic, states that it is unsure how much of a loss these banks will take and on what type of loans. You would think that banks would rather restructure a loan and keep the client paying on that loan, rather than lose the house in a foreclosure... that's what the government is banking on anyway... The government says this could help up to 400,000 people keep their homes - let's hope it really works. Less foreclosure homes on the market means less inventory which helps all those "regular" sellers who are just trying to move up, move on or scale down. I'm all for that! Have a great week. -Jenny
July 22, 2008
Watching your Home AWAY from Home
A recent article in the East Valley Tribune talked about keeping an "eye" on your house while you are vacationing or away on business. I've heard of neighbors watching your house or having someone "house sit", but watching your home yourself with a webcam? The article tells you how to start and what you need to make this happen. Check it out and let me know if this sounds like something you want to start doing. Have a great week. -Jenny
July 10, 2008
Good news for Phoenix Market?
Good news? Looks that way... the recent sales data from the Arizona Regional Multiple listing service indicates that Phoenix is one of only 15% of all areas in the US with an increase in the last quarter numbers. The article listed on John Hall and Associates website shows that we are among the best when it comes to "recovering markets". I'll take that! Enjoy your week. -Jenny
