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Real Estate Articles & Help

Looking for real estate information? Articles on the home buying and selling process are here. What you need to know, from A to Z.

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Phoenix Short Sale Info

Short sales in Phoenix are a fact of life. No one wants to short sale their home. But if you need to, you need to be informed. We can help.

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Thompson's Realty Group at eXp Realty

Thompson's Realty Group at eXp Realty has agents all across the Phoenix metro area who are available to help you sell or purchase a home. We're here to help!

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The Heart Attack Grill

I have traveled high and low in search of The Perfect Burger. My travels have ended. The Heart Attack Grill in Tempe, AZ has created the perfect burger in what may just be the perfect environment. Yep, that would be the Double Bypass Burger. One full pound of grade-A prime Angus beef! I’d be remiss [...]

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Phoenix Listings and Sales Stats

Homes (includes SFH, condo/TH, mobile/mfg): Active Listings: 35,768 Active With Contingencies (AWC): 1,323 (what does AWC mean?) Pending: 8,164 Sold (March 1 – March 31): 6,742 Homes listed in calendar March 2006 and still active: 12,860 Land: Active: 8091 AWC: 86 Pending: 794 Sold (3/1 – 3/31): 480 Most expensive current listing: $19,900,000 Number of [...]

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Agencies Adopt New Credit Scoring System

Heard of a FICO score? (You should be aware of it if you’re shopping for a home loan. See our ThompsonsRealty.com’s FICO Info page for details–but come back and finish reading this post!) Looks like the “big three” credit reporting agencies are moving toward a new scoring system. Personally, I think it will be a [...]

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Housing Speculators Relocate to Hotter Spots

Annette Haddad of the LA Times wrote an interesting article on real estate investors. I’ve had the pleasure of exchanging emails and speaking with Annette and can tell you she knows her stuff. The link is here, but I don’t know how long it’ll stay active. I’ve copied the full article below. (Annette, I told [...]

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Unique Real Estate Developments: Dubai UAE

Here’s a couple of interesting real estate developments off the coast of Dubai in the United Arab Emirates. Very unique… The World Islands—The World Islands are a collection of man-made islands shaped into the continents of the world, located of the coast of Dubai in the United Arab Emirates. It will consist of 300 small [...]

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New Home Builders Sucking Up to Phoenix Realtors!

Six months ago, many (most) new home builders were slicing commissions paid to Realtors representing buyers. Why? Simple. They didn’t need Realtors to bring them buyers. As reported in this blog and ThompsonsRealty.com, the builders had ridiculous waiting lists—people were clamoring for lots to build homes on. Builders weren’t selling to “investors”, they weren’t paying [...]

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Phoenix Listing & Sales Stats

========== Data is taken straight out of the Arizona Regional MLS (ARMLS): Homes (includes SFH, condo/TH, mobile/mfg): Active Listings: 32,730 Active With Contingencies (AWC): 1,183 (what does AWC mean?) Pending: 7,726 Sold (Feb 1 – Feb 28): 5,913 Land: Active: 7,715 AWC: 113 Pending: 725 Sold (2/1 – 2/28): 500

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Hybrid Home Completely Off the Grid

Hybrid Technologies is almost finished building what it calls the Hybrid Living Home, a concept house that shows off hundreds of energy-saving and smart-home features. Using wind turbines, solar energy, earth tubes and high-tech electrical storage, the house is designed to be completely self-sufficient, achieving that holy grail that’s commonly called being “off the grid.” [...]

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MLS Terminology Explained

There are some unfamiliar terms in the Multiple Listing System (MLS). It’s helpful to understand these if you’re either searching the MLS on line, or getting listings from your agent. A lot of agents don’t even really understand some of the MLS terminology (particularly TOM and AWC). I’ll try to explain some of them… “Active”: [...]

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Real Estate Pic of the Week!

========== If I were marketing this one, I’d probably have something original like “spectacular views!” (I have no idea where this is. If anyone knows, please post!)

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