Archive for March, 2008
Are you Going Green?
March 11th, 2008 categories: Phoenix Events
March 17th- St Patricks Day!!
Here are some local events in Phoenix to promote the Irish in you or maybe you just need a reason to celebrate!!
From Parades, parties, pubs- I am sure you can find a grand way to party.
St. Patricks Day Parade and Faire- March 15th
St Patrick’s Day Block Party-Scottsdale
St. Baldrick’s Day Celebration -Raising funds for childhood cancer research.
Here are some favorite Irish Pubs and Coffee Houses
Fiddler’s Dream Coffeehouse -Glendale, AZ
Molly Brannigan’s -Mesa, AZ
CK’s Tavern & Grill -Phoenix (Ahwatukee)
O’Donoghue’s Irish Pub -Scottsdale
Rosie McCaffrey’s- Look for Beth and Bill from KEZ 99.9 on Monday Mar 17th
Looking to do some shopping?
The Irish Gift House -Tempe, AZ
So may the luck of the Irish be with you!!
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New task for Valley agents: Consoling panicked sellers
March 9th, 2008 categories: Real Estate News
Here is the article from AZ Central
But you might add Buyers to this equation. To me this market is challenging for sellers and buyers. Buyers are concerned as well. Is it a good time to buy? Should we wait to see if prices drop? Are interest rates going to fall or are they going to increase? I do not have a crystal ball, but my job does not change.
In any market, real estate agents are counselors and advisor’s.
In 2005 with multiple offers, hard earnest money, no repairs put buyers in a very vulnerable position. As I see it in 2008- look at the homes for sale- no repairs, no CLUE, no SPDS- Buyers still vulnerable and taking risks. Now we counsel on “Short Sales”, REO properties.
And by the way multiple offers are not gone- price a home to sell, I mean sell fast and you will have multiple offers. The last two homes I sold- multiple offers.
Yes sellers are panicked, but there is also much anxiety with buyers.
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A Tax Break for First Time Home Buyers?
March 6th, 2008 categories: Real Estate News
Here is some good news for first time home buyers-as a part of the governments stimulus package.
According to the National Association of Builders:
“A proposed new provision in the planned economic stimulus package would offer a tax credit for home buyers. If enacted, it would help reduce the large amount of new housing inventory currently on the market”
Lawernce Yun, chief economist for the NAR-National Association of Realtors states
“It would be particularly helpful to first-time buyers, more first-time buyers are creating a chain reaction in the market, allowing more current homeowners to trade up into their next home. A tax credit for first-time buyers could give them a boost in confidence, counteracting their worries of home-price drops to come.” “People will realize that the worst in housing is coming to an end if they see bold measures,” Yun added.
Additionally it was announced today that HUD Releases New FHA, Conforming Loan Limits
For more information on the Loan Limits in your county here is a chart of the new FHA conforming loan limits
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