RECENT BLOG POSTS
Please join Central Tucson specialist, listing agent Spirit Messingham for an open house this Sunday from 1pm-4pm, 12/6/15. http://www.zillow.com/homedetails/1919-E-Water-St-Tucson-AZ-85719/99394173_zpid/ New lower price, priced $10K below the Zillow.com "Zestimate". Charming 3 bedroom/2 bath, 1...
12/01/2015
Technology is Great, But . . . Obviously trying to appeal to the Millennials, some mortgage companies are starting to advertise an online mortgage process – you “simply” upload all your financial information, complete the application, click on a few buttons to customize your interest rate and mor...
11/30/2015
Mortgage bond prices finished the week slightly lower which pushed rates a bit higher. Most of the weakness came Monday morning as traders positioned themselves ahead of the holiday break. The data was mixed. Existing home sales were weaker than expected with a reading of 5.36M versus the expecte...
11/28/2015
In Arizona, as in many state, recordation is the official close of escrow. Lender loan funding is a critical step and absolutely necessary component of closing but recordation is the final step when ownership actually transfers. Just because the lender has funded their loan does not necessarily...
11/26/2015
Please click on the link below to view 16 properties combined for the historic central subdivisions of Colonia Solana and El Encanto Estates. I have lost count of how many properties I have shown to clients and viewed in both of these desirable and historic subdivisions since I moved into Coloni...
11/24/2015
Please click the link below to view 8 total properties for sale (Active) and under contract (Active Contingent and Pending) for the central Tucson established subdivision of Broadmoor. http://www.flexmls.com/link.html?15c11vugjcsa,12,1The Broadmoor-Broadway Village Neighborhood is located in cent...
11/24/2015
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According to the National Association of Realtors, first-time home buyers comprised 32% of existing-home sales in August of this year (nationally). That’s only mildly interesting, sure, but look at how those sales break down: • Buyers age 34 and under accounted for 29% of those sales • Renters ac...
11/23/2015
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Fannie Mae – the residential finance company, recently announced that it would allow lenders to use employment and income information from a database operated by the credit bureau Equifax to verify borrowers’ creditworthiness.This means that the paper chase of your tracking down and collecting p...
11/23/2015
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Mortgage bond prices finished the week slightly higher, which helped rates. The data was generally as expected. Consumer prices rose 0.2% and the core rate, which excludes volatile food and energy costs, also rose 0.2%. Housing starts were weaker than expected at 1,060. Market participants looked...
11/20/2015
1919 E Water St, Tucson, AZ 85719 3 beds 2 baths 1,530 sqft New lower price, priced $10K below the Zillow.com "Zestimate". Charming 3 bedroom/2 bath, 1,530 SqFt red brick bungalow located in the heart of Central Tucson with NO HOA. Desirable N/S orientation with mountain views. Fantastic centra...
11/20/2015