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Nextage Realty Professionals

Prescott Arizona area foreclosure market report as of 9-27-09

By Jerry Cecil, on September 30th, 2009

Prescott Area Market Report

25 new foreclosed or short sale homes came on the market during the week of September 20-27, down slightly from the previous week’s 33. These made up about one in every 2.8 homes being listed in the Prescott Arizona Area MLS system.

There were 45 traditional listings that came on the market  last week [...]

Posted by Jerry Cecil September 30, 2009, 9:53 pm

Twitter Weekly Updates for 2009-09-27

By Jerry Cecil, on September 27th, 2009

Prescott ranks in top seven trail running town in US according to TrailRunner magazine this [...]

Posted by Jerry Cecil September 27, 2009, 3:54 pm

Prescott Arizona area foreclosure market report as of 09-19-09

By Jerry Cecil, on September 22nd, 2009

Prescott Area Market Report

33 new foreclosed or short sale homes came on the market during the week of September 13-19, down slightly from the previous week’s 35. These made up about one in every 1.5 homes being listed in the Prescott Arizona Area MLS system.

There were 58 traditional listings that came on the market  last [...]

Posted by Jerry Cecil September 22, 2009, 8:43 pm

Investors see increased deterioration in the fundamentals of the commercial real estate industry

By Jerry Cecil, on September 22nd, 2009

A new survey shows that commercial real estate investors are looking for a continued deterioration of the fundamentals the commercial real estate market a through the rest of 2009 and 2010  as investors continue to wait for better values, a new survey shows.

According to the new PricewaterhouseCoopers (PwC) Korpacz Real Estate Investors Survey,  are looking for near-term defaults [...]

Posted by Jerry Cecil September 22, 2009, 5:39 am

Payment option ARMs are about to explode in Arizona

By Jerry Cecil, on September 21st, 2009

State magistrates met last week to discuss strategies for combatting mortgage fraud and the topic of payment option ARMs was a central theme.  

 In Arizona – one of the states hardest hit by the mortgage crisis – 128,000 option ARMs will reset in the next year, State Attorney General Terry Goddard told Reuters. The San Francisco-based mortgage [...]

Posted by Jerry Cecil September 21, 2009, 6:18 am
 
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