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Nextage Realty Professionals

Prescott Arizona area foreclosure market report as of 04-24-2010

By Jerry Cecil, on April 25th, 2010

Prescott Area Market Report

35 new foreclosed or short sale homes came on the market during the week of April 18-April 24. These made up over 1/3 of the homes listed in the Prescott Arizona Area MLS system last week at 38%. 

There were 58 traditional listings that came on the market last week at an average [...]

Posted by Jerry Cecil April 25, 2010, 11:50 am

Prescott Arizona area foreclosure market report as of 04-17-10

By Jerry Cecil, on April 18th, 2010

Prescott Area Market Report

36 new foreclosed or short sale homes came on the market during the week of April 12-April 17. These made up just under 1/3 of the homes listed in the Prescott Arizona Area MLS system last week at 30%. 

There were 85 traditional listings that came on the market last week at an [...]

Posted by Jerry Cecil April 18, 2010, 10:40 am

RealtyTrac Reports National Foreclosures Up by 7% in Q1

By Jerry Cecil, on April 15th, 2010

RealtyTrac® (realtytrac.com), the leading online marketplace for foreclosure properties, today released its U.S. Foreclosure Market Report™ for Q1 2010, which shows that foreclosure filings — default notices, scheduled auctions and bank repossessions — were reported on 932,234 properties in the first quarter, a 7 percent increase from the previous quarter and a 16 percent increase from [...]

Posted by Jerry Cecil April 15, 2010, 6:16 am

Prescott Arizona area foreclosure market report as of 04-10-10

By Jerry Cecil, on April 11th, 2010

Prescott Area Market Report

32 new foreclosed or short sale homes came on the market during the week of April 4-April 10. These made up just under 1/3 of the homes listed in the Prescott Arizona Area MLS system last week at 30%. 

There were 73 traditional listings that came on the market last week at an [...]

Posted by Jerry Cecil April 11, 2010, 2:56 pm

Home Affordable Foreclosure Alternatives Program (HAFA) to Streamline Short Sales

By Jerry Cecil, on April 8th, 2010

The New HAFA rules took effect on Monday and this should be good news for buyers and sellers alike of short sales in the Prescott area and especially Prescott Valley where the majority of our short sales are located.

Background:  

In early 2009, the National Association of REALTORS® (NAR) urged the U.S. Treasury Department, the Federal Housing Finance [...]

Posted by Jerry Cecil April 8, 2010, 9:11 am
 
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