adjustable rate mortgages Archives

Greater Phoenix Economic Forecast 2011: “Painfully Slow”

by in Economy | Real Estate

The economy may be better in 2011 than it was in 2010, but the road to full recovery will remain long and full of potholes. But hey, it could be worse. It could be 2009. That’s according to economist Elliott D. Pollack, CEO of Elliot D. Pollack & Company. Pollack was speaking at the Greater… Read More →

‘Strategic’ Defaults In The Recovering Real Estate Market

'Strategic Defaults in the Recovering Real Estate Market

The Phoenix resale home market rebounded slightly in February, according to the Realty Studies Report from the W. P. Carey School of Business. Compared to January, the number of transactions increased and prices were up a bit. Still, foreclosures accounted for 42 percent of the total market, and the sale of previously foreclosed properties made… Read More →