Housing News from The Wizard of Waz

Real Estate Sales Representative - Wizards of Waz Real Estate
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Maricopa Arizona Homes for Sale Happy Fourth of July everyone! The market for Maricopa subdivision homes for sale experienced some notable changes this past week. Although inventory of active listings remained relatively stable, the number of pending sales dropped quite a bit. The housing market ...
Inventory of Maricopa Arizona subdivision homes for sale contiues to decline and now represents a 15% drop in the past 30 days. Although there has been a slight "softening" in values, prices are still near the highest levels that I have seen in the past 4 years. The Maricopa AZ housing market is ...
A report posted this morning on DSNews.com addresses the concerns by some that we are in the midst of another housing "bubble" due to the rapid price/value gains over the past six months. Especially when looking at my local market of homes for sale in Maricopa Arizona, I have to agree with a numb...
The Federal Housing Finance Agency directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program by two years to Dec. 31, 2015. The program was set to expire at the end of this year.  FHFA determined that extending the program will provide borrowers additional opportunities ...
After heading downward for a month, inventory of subdivision homes for sale in Maricopa Arizona remained stable last week. Pending sales increased to the level that we would normally expect during the seasonal buying season but have not experienced until now. As I stated previously in my last pos...
Corelogic reported that February home prices rose 10.2% from year ago levels, making it the strongest annual price rebound since 2006, the year that the housing market crasg began to occur. They went on to say that this increase was fueled bythe rapid appreciation in a number of Western markets, ...
Sorry to be a little late on this report but I noticed on Sunday that it the Maricopa Arizona homes for sale market experienced it's second straight week of an inventory drop and I wanted to see if this was sustained before I commented. Sure enough, I checked the inventory again this morning and ...
Maricopa Arizona Homes for Sale - Weekly Housing Market Report 13MAR13 A slight upsurge in buying activity caused the inventory to drop slightly last week. Buying activity has been very sporadic during the first quarter of 2013 and is well behind the pace of the past few years. Patti and I have b...
Maricopa Homes for Sale - Refinance options Almost 1.1 million mortgages were refinanced in 2012 through the Home Affordable Refinance Program (HARP) beating government estimates. This program is for homeowners that have FNMA or FMAC (Fannie Mae and Freddie Mac) backed loans and is available even...
During a speech at the Mortgage Bankers Association’s Mid-Winter Housing Finance Conference, Federal Reserve Board Governor Elizabeth A. Duke said that "recent gains in the housing market will continue and perhaps even strengthen." Her comments were based on the Feds feeling that the influx of di...

Bill "Waz" Wasowicz

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