Housing News from The Wizard of Waz

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Real Estate Sales Representative - Wizards of Waz Real Estate
maricopa, maricopa arizona, homes, real estate, foreclosures, short sales, homes for sale, investor, investment homes, rentals, information, chamber of commerce, pinal, 85138, 85139, 85238, 85239, new homes, province, cobblestone, rancho, golf, pool homes, single level, cheap
RECENT BLOG POSTS
This article from RealtyTrac offers me no surprises. They use data from a number of different sources to project future housing market trends,. My only argumnet is that, where they feel that foreclosures will increase slightly in 2011, I feel they will increase substantially in my market of Maric...
01/13/2011
Here is the latest update. I have limited my comments this week as most of the numbers have remained relatively flat. ACTIVE: 796, last week 793 SHORT SALES: 351, last weel 349 LENDER OWNED: 175, down from 184. The number of lender owned homes continue to trend downward. As I have stated before, ...
01/10/2011
This is a very "heady" article, a lot of which I don't claim to understand. And that appears to be the problem. Even though the media praised this settlement, I doubt very much that they have much, if any, understanding of it. This also applies to the general public and, most importantly of all, ...
01/10/2011
Here is the weekly post from Housing Wire that cathces up on the weekend's news. At the top of the list is the shooting spree that took place on Saturday, just 1 1/2 hours down the road from me in Tucson. My prayers go out to all of the family and friends of those that were affected by this sense...
01/09/2011
I ran across this video and it's pretty scary! The person that is interviewed used to work for EMC, a loan servicing company, and she states that there was more of an incentive to keep a loan in a default state and ultimately foreclose rather than attempt to work on other options such as a short ...
01/09/2011
This article is a Q&A with John Vella, the CEO of Equator. In it, he predicts that short sales will rise by 25% in 2011. It is interesting to note, however, that he seems to be relying on the servicers and realtors to become more efficient in processing them. I certainly hope that this is the cas...
01/06/2011
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I'm sure all of you are ware of this information but I feel it's a good article that covers most of the questions that I receive from potential clients that are in a distressed (and some not so distressed) situation with their home. I thought I;d pass it along as I am going to utilize some of it ...
01/06/2011
Here are my weekly numbers. Some BIG changes so be sure to read the summary. Once again, keep in mind that this is only for Maricopa Arizona subdivision homes. Also, I have added an AUCTION column beginning this week to track the inventory of homes being offered under a Notice of Trustee Sale. AC...
01/04/2011
This article details a blog post from Anthony Renzi, President of Freddie Mac, in which he outlines seven facts about the foreclosure process. There are some staggering numbers here but I was particularly surprised to see him admit that "it takes an average of 449 days to foreclose on a home with...
01/04/2011
As always, I will start the week with this post from Housing Wire which sums up the weekend news. It includes predictions about the economy from a number of analysts and it is interesting to note that the theme seems to be the unpredictability of the marketplace. Boy am I glad we have so called e...
01/03/2011
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Bill "Waz" Wasowicz

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