Real Estate News

Royce of Real Estate has some exciting updates we’re glad to finally share with our followers, associates and friends. We’ve spent the last 5 years branding our small group and are now expanding to help serve more Valley homeowners.   First, we’ve moved offices and have a dedicated suite just for our Team. Our office is located […]

As we move into Fall-o-ween (is that a thing or did I just come up with that?), I wish I had more exciting real estate news for you. But, stability can be great news, too.   Here is what’s happening in the Phoenix Real Estate market as of October 2017.     Monthly Sales We […]

The post October 2017 Phoenix Market Update appeared first on Royce Of Real estate.

Quite often when I meet with a homeowner facing foreclosure, they’re looking for options to stop foreclosure in Arizona.   One of the most important questions to address if you are trying to stop the foreclosure is “How far behind in payments are you?” Besides owing for so many missed [...]

The post Should I Take Out a Personal Loan to Stop Foreclosure in Arizona? appeared first on Royce Of Real estate.

If you have been in the market to buy or sell a home or love checking out the best homes on the market, check out @The StoneBridge Team’s page and like for future updates!

How do commercial real estate appraisers source data for their analysis?

Like other segments of the real estate industry, the past year has seen increased interest from foreign investors in the national multifamily (apartment) real estate market. Les Shaver made a good post about this here in MFE, Multifamily Executive. No doubt that foreign interest, if continued, will impact capitalization rates and the coastal markets in particular.

If you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable.

The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for the relief.

Considering social media, listing syndication through websites, and mobile friendly websites, the role of the Buyer’s agent has changed. Long gone are the days where the agents heralded the information apart from what Buyers were able to see.   Now, prospective buyers are able to take the reins to browse [...]

The post Top 5 Listing Fails That Buyers Hate appeared first on Royce Of Real estate.

How do commercial real estate appraisers source data for their analysis?

The Zillow pro blog has a good post on how they do their home price estimates, and the accuracy of the estimates by market. Here’s the link Skipping to the stats on Phoenix, according to Zillow 83.6% of their estimates are within 20% of the actual sales price transactions, within 10% of the sales prices; 61.7%, and within 5% for just 37.2% of transactions.

CoreLogic is a leading global property information, analytics, and data-enabled solutions provider. The company maintains a terrific blog for national dataholics. Below is a link to their site and the report that was published 12-29; 2015 Housing Outlook

Freddie Mac surveys lenders each week on the rates, fees and points for the most popular mortgage products. The Primary Mortgage Market Survey® (PMMS®) results are released Thursday at 10 a.m. ET.

Mortgage Rates Decline for Third Consecutive Week
01/15/15

He sat there in the doorway, battling whether to go into a full tantrum or regain his cool. I could see the emotions boiling up as his eyes lost their jovial look and regressed into broodiness. I, not wanting to get pulled into the dramatic turmoil, simply stood my ground [...]

The post How to Control Crybaby Contractors appeared first on Royce Of Real estate.

In what seems like a years-long drought of home-lending, US financial regulators are positioned to finalize new mortgage standards. The new rules are acknowledging what has seemingly kept middle and lower income borrowers from purchasing a home: strict guidelines meant to stave off another wave of “bad borrowing”. Now, new [...]

The post Coming Soon: Looser Mortgage Standards…Again? appeared first on Royce Of Real estate.

Arizona Short Sale Realtor discusses trends, profession   Local Real Estate Agent Shevon Quijano is a newly licensed agent finding her way in the world, or the Phoenix Real Estate market. With that, she’s interviewing, writing about, and sharing knowledge with top agents around the Valley.   In the not [...]

The post Arizona Short Sale Realtor Still Helping Those in Distress appeared first on Royce Of Real estate.

At NAR's Mid-Year Conference in Washington D.C. (now rebranded as the REALTOR Party Convention & Trade Expo), there are always issues before the Board of Directors that drop out of the sky like a...

Phoenix Real Estate Market   Monthly Sales –   Although we should be Marching along here, sorry bad pun, we are significantly lagging behind last years numbers. We only had about 6700 sales last month.   New Inventory –   To make matters worse, we have more inventory for Buyers [...]

The post Phoenix Real Estate Market Update | March 2014 appeared first on Royce Of Real estate.

Filed under: Advice, Buying, Financing, Home Equity

Filed under: Advice, Buying, Investing, Renting

Filed under: News, Buying, Economy, Selling