Market Conditions

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Survey says: Sellers are still in denial about what their house is worth

Today I am going to write about a topic I am experiencing firsthand…seller denial. I have been considering listing my single family house in Fountain Hills, Arizona for sale. I had not run comparable sales (comps) for my house in quite a while so I entered all the pertinent data about my house into the MLS: square footage, # of [...]

7Aug2008 | Michele Guss | 2 comments | Continued
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Some good news in the re-sale market?

I receive daily e-mail updates from the Phoenix Business Journal. My posts on this blog tend to mimic what I have read that day. 
Today I read an article stating that the Pending Sales Index used by the Natl Assc of Realtors indicates there was a + change  in the past month. While May’s reading was 84.5, the index jumped to [...]

7Aug2008 | Michele Guss | 0 comments | Continued
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Bill signed to regulate AZ loan officers

I just read an article in the Phoenix Business Journal today regarding a new bill that Gov. Janet Napolitano has signed into law to regulate individual loan officers in the State of Arizona. As it stands now, only the mortgage broker is required to be licensed.  Personally I am in agreement with the new law.  All realtors are [...]

16Jul2008 | Michele Guss | 0 comments | Continued