REAL ESTATE MARKET

20-Year Real Estate Mortgage Rate Chart

posted Sat, May 07 in Real Estate Market by Laurie A Moore

How long rates will remain this low is anybody's guess. But this chart demonstrates just how historically low interest rates are. Look at where rates were in the early nineties - then look what happened! Continue reading …

Real Estate On Hold As Buyers Await Election Outcome

posted Thu, Sep 23 in Real Estate Market by Kathleen Yamauchi

It seems like a good time for a vacation. Not much happening in the real estate market. By and large, real estate is on hold as buyers await the election outcomes. Continue reading …

Prescott Real Estate Market Outlook For Fall

posted Tue, Sep 14 in Real Estate Market by Kathleen Yamauchi

This week I read an interesting article from 'Money Insider' exposing the careless pie-in-the-sky words of many economic commentators. There are too few voices of reason out there. With the number of bank owned properties flooding the market and strategic defaults looming ahead, Michael David White, CEO of The New Mortgage Company, is one voice in the wilderness. To read for yourself go to: Continue reading …

New Real Estate Market Reality

posted Mon, May 24 in Real Estate Market by Kathleen Yamauchi

Today's Seller is much more aware of real estate market conditions than Sellers of the past. Unless you live in a cave, it's impossible not to know that property values have declined significantly and the future is uncertain. I am asked daily to gaze into my crystal ball and "see" when we can expect a turn around. Continue reading …

Banks Are Responding Quicker To Short Sales

posted Sun, May 23 in Real Estate Market by Kathleen Yamauchi

The Short Sale transaction process has taken a turn for the better. A process that once took as long as six to ten months is now whittled down to as many weeks. Banks are realizing the importance of responding more quickly to submitted offers, and they have increased their staffs to meet the rising demand of distressed home owners who owe more than their homes can fetch in today's market. Continue reading …

The Reality Of 2010 Real Estate In Arizona

posted Tue, Jan 19 in Real Estate Market by Kathleen Yamauchi

I spoke with a homeowner the other day. In response to my recommended price for selling his home in today's market, he said he thought he'd just wait for the market to come back. Continue reading …

Many Want To Take Their Home Off The Market For The Holidays

posted Tue, Dec 15 in Real Estate Market by Kathleen Yamauchi

Many of my Sellers want to take their homes off the market for the holidays. "No one is shopping for a home at this time of year," they say. Continue reading …

Tax Credit Extension

posted Mon, Nov 09 in Real Estate Market by Kathleen Yamauchi

Much anticipated, the news for the housing market came Friday when President Obama signed the extension of tax credits for home buyers and broadening their application. Continue reading …

Luxury Home Sales And Marketing Seminar 2009

posted Tue, Nov 03 in Real Estate Market by Kathleen Yamauchi

Last Friday I had the privilege of sitting on a panel for the Luxury Home Sales and Marketing Seminar offered by the Arizona School of Real Estate and Business. The opening comments from a luxury home sales real estate agent set the pace of what proved to be an encouraging and inspiring event. My fellow panelists represented the state of Arizona from Tucson to the West Valley, from the Superstitions to Sedona. Their answers to the moderator's questions regarding present market conditions were varied but on one subject we all agreed. Continue reading …