In 2009, Arizona posted the second largest foreclosure rate in the country. More than 163,000 homes, or over 6%, received foreclosure notices. Phoenix AZ was in the top ten of cities with the highest foreclosure rates in the country. More foreclosures lead to a decrease in home values. As of ... Views: 567
According to Real Trac, 1 in every forty houses in Phoenix, AZ, have had a foreclosure notice filed against it. The city has been devastated by the slide in housing prices, the mortgage crisis, and unemployment. As of May 2010, the unemployment rate in Phoenix AZ was about 9%. Increased ... Views: 503
If you are unemployed, have bills piling up, and owe more than your house is worth, then foreclosure and / or bankruptcy may seem like the only opportunity for debt relief. Sadly, many distressed homeowners in Phoenix AZ, take this unfortunate route. Part of the reason is that Phoenix remains ... Views: 552
In this tough economic crisis many are experiencing in the summer of 2010, bad things are happening to good people. The ‘real’ unemployment rate has been around 20% for over a year, and is not projected to fully correct itself to pre-recession numbers until 2014. Expenses, such as taxes, ... Views: 507
Given the harsh economic conditions, selling a house in Phoenix, AZ, can be extremely difficult and time consuming. If you want to sell house, it may take you as long as 28 months to get an offer accepted. Now what do you do if you happen to owe more than the house is worth or are trying to ... Views: 600
Sellers Nightmare Come True!
In this market environment, selling a house is becoming increasingly challenging as unemployment reaches nine percent over the summer, and the number of foreclosures increases 25% over last year’s figures. This perfect storm of bad news is not looking to improve ... Views: 587
Whether you want to sell your house for cash or you’re avoiding foreclosure or you’re looking at better home in a better neighborhood in Phoenix AZ, there are always options on how you can sell your house.
One option is selling your house without a Realtor. This method may be cheaper since ... Views: 537