Posted by Jeff Sutherlin on January 29th, 2009 | Categorized as Uncategorized | Tagged as Where US Homes are Rising
Motivated sellers in these 10 cities are fueling deals and hastening recoveries. Something funny’s happening in Las Vegas. Home sale prices from last year are down 28%, but home sales are up 15%. The reason? Motivated sellers–those in distress or foreclosure–or banks with too many homes on the books are slashing asking prices in order [...]
Posted by Jeff Sutherlin on January 28th, 2009 | Categorized as Uncategorized | Tagged as Dec. existing home sales rise 6.5 percent
WASHINGTON – Sales of existing homes posted an unexpected increase last month, closing out the worst year for the U.S. real estate market in more than a decade. The National Association of Realtors said Monday that sales of existing homes rose 6.5 percent to an annual rate of 4.74 million in December, from a downwardly [...]
Posted by Jeff Sutherlin on January 28th, 2009 | Categorized as Uncategorized | Tagged as More home builders filing chapter 11
In this buyer’s market, it is now more important than ever to use a licensed professional when looking at any home. This especially includes new homes. When a home builder files chapter 11, there is a chance that the builder will retain the buyer’s earnest money and warranties on homes may not be honored. Keep [...]
Posted by Jeff Sutherlin on January 28th, 2009 | Categorized as Uncategorized | Tagged as More home builders filing chapter 11
As many of you have probably already heard, Fulton Homes filed Chapter 11 BK yesterday. It is impossible to know at the moment what this means for buyers with earnest money in the builder’s general account and homes that are not completed and ready for close, as well as warranty work for newly purchased homes. [...]
Posted by Jeff Sutherlin on January 17th, 2009 | Categorized as Best Town to Live in America, Chandler, Gilbert, Mesa
A buyer’s market should be just that – a buyer’s market. It’s not a fence sitting, waiting, loitering, delaying, postponing, vacillating, hesitating, wavering, faltering, pausing, foot shuffling market. It’s a buyer’s market. By it’s very name it means buyers should be doing one thing and one thing only – buying.
Posted by Jeff Sutherlin on January 5th, 2009 | Categorized as Chandler, Commercial Real Estate, Gilbert, Mesa
You may be eligible for a tax deduction of up to $1.80 per square foot for improving the energy efficiency of your existing commercial buildings or by designing high efficiency into new buildings.