Sal Giorlando's (sgiorlando) Blog

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Real Estate Agent - VALLEYWIDE RESIDENTIAL
RECENT BLOG POSTS
Click here to see all the lender owned (REO) properties available in Southern Scottsdale! As you can see, there are plenty of lender owned properties available for the picking. They currently range in list prices from $100,000 to $670,000. While many are great deals, some are not, so you need to ...
08/21/2008
Here is an email I received from Lara in AZ: I was just looking around on the internet, searching for some new news on real estate trends and I ran into your response to someone who asked what they could do if they wanted to get out of their house and move into a bigger one but they owed more tha...
08/12/2008
We all know that lender owned homes are hot in this market. Many of the homes are listed and in escrow within a week. With more and more of these homes selling, there is a not-so-talked-about issue that I believe will be upsetting many new homeowners in the near future... Here is the scenario: 1....
07/23/2008
We have a new system for our MLS and I am starting to get the hang of it. I am really excited about the ability to pull median home prices (instead of average). Here is a graph showing the median home sale values in Southern Scottsdale over the last year (per the MLS). I find the median price to ...
07/21/2008
I heard from one of my loan specialists in the industry today... She advises to start locking in rates on loans. For those who don't know, locking in a rate is basically paying money up front to secure a mortgage rate for a period of time. This way, you can get into a contract and closing without...
07/17/2008
Scottsdale came in #47 out of the top 100 places to live according to CNNMoney.com To support their findings, they have supplied us with some statistics on the city here: Scottsdale #47 I believe people look at a lot more than some demographics before moving to a new city. Personally, I  can't th...
07/15/2008
Every day, millions of people hear the news about the current real estate market and immediately have an opinion. Some think they should wait it out, others see opportunity to buy now. If you are one of those "wait it out" people, I do recommend you consider the following: "While home values go d...
07/15/2008
This graph shows the number of homes sold each month over the last year for Southern Scottsdale (ARMLS):   June ended with a total of 89 properties sold. Compare this to the typical 160 properties we should have seen sold in June, and you will agree with me on the title of this blog entry. It wou...
07/14/2008
This is depressing...  A Realtor was shot and killed in his office in Muskegon, MI on July 1st. It turns out that the Realtor's former client, who used the Realtor to purchase a home a few years back, recently tried to sell. After being told his house was not worth what he paid for it (go figure)...
07/14/2008
It seems more and more buyers are getting frustrated with foreclosures and short sales in this market. These homes are everywhere, and you need a plethora of patience to even put an offer in on one. The short sale is probably the worst to deal with. The bank needs to evaluate the whole loan of th...
07/11/2008
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Sal Giorlando

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