Phoenix and Maricopa County homebuyers can now get a five percent down payment assistance grant and 6.30 percent mortgage rate through the Home in Five bond program issued by the Industrial Development Authorities (IDAs) of the city of Phoenix and Maricopa County.
Entries from February 2007
February 12, 2007
Just Because You Can’t See It, Doesn’t Mean All is Well
Written by Phoebe Chongchua
Just as a check underneath the hood before you buy a car can save you from investing in a lemon; a check underground when you buy a house can save you thousands of dollars. Most buyers and sellers are familiar with the home inspection. But another type of inspection is growing in [...]
February 12, 2007
New Research: Worst Doesn’t Appear To Be Over
Written by Broderick Perkins
Evidence that the worst is over for the housing market can’t be found in recent reports of swelling inventories, falling prices and lost jobs, which are more indicative of a housing market not quite ready to recover. However, now that the Super Bowl is over — often a market turning point at [...]
February 12, 2007
Post Boom Second Home Buying Strategies
Written by Broderick Perkins
Buying a playhouse isn’t a game. Economic market conditions shifted in vacation home buyers’ favor in some regions of the country last year, just as the traditional winter weather season took still more heat out of the second home and resort markets. But that doesn’t mean vacation home buying is a breeze. [...]
February 12, 2007
January Roundup: Mortgage Rates Moving
Mortgage rates were moving all sorts of ways as the first month of the new year came to a close. Some were up, some were down and some haven’t moved at all, according to the weekly survey by Freddie Mac. “Mortgage rates were mixed on news that December’s leading indicators, a measure of future economic [...]