Buying in a Slowing Housing Market

by Jay Thompson on December 31, 2005

===== Here is a good article that helps answer a question we get all the time.... Should I buy in a slowing housing market? By Dian Hymer Inman News The word is out that the home sale market has changed. Interest rates are rising and, in some areas, homes are selling at a slower pace than they were a year … [Read more...]

What is Title Insurance?

by Jay Thompson on December 31, 2005

===== Title Insurance.... it shows up on your closing settlement statement, it's hundreds of dollars, and most people have no clue what it is, why it's there or why they HAVE to buy it. (Well, you don't HAVE to buy it, if you're paying cash for your real estate. But if you are financing your purchase (like 99% of people do) then your lender will REQUIRE you to purchase title insurance to … [Read more...]

What is “Escrow”?

by Jay Thompson on December 28, 2005

===== There are a whole bunch of terms specific to real estate. Given that most people buy and sell very few pieces of property in their lifetimes, learning the language of real estate isn't something the average person really cares to do with their time. In an effort to help educate you -- our astute reader -- we'll be providing a real estate term definition here at least weekly. Many … [Read more...]

Real Estate Photo Of The Week

by Jay Thompson on December 19, 2005

===== Enjoy our newest feature --- the real estate photo of the week! As seen in the local MLS under "some repairs may be needed".... :) … [Read more...]

Condos are Going NUTS!

by Jay Thompson on December 19, 2005

======= For those who've been following the Phoenix real estate market recently, you've no doubt noticed a significant slowing in the single-family home (SFH) market. This shouldn't be that big a surprise given how insane that part of the market was in the first half of the year. SFH's were flying off the market, inventory was incredibly low and appreciation rates were staggering. As I've … [Read more...]