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It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
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LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
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Phoenix Housing Market Showing Steady Signs of Recovery
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Phoenix Housing Market Showing Steady Signs of Recovery
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Phoenix Housing Market Showing Steady Signs of Recovery

March 8, 2012 (Shirley Allen)

The Phoenix housing market continued to show signs of a recovery in January as new and existing home sales posted their best numbers since 2009 and 2006, respectively, and home prices were up year-over-year for the second consecutive month according to the latest housing data released from DataQuick.

A total of 7,123 new and existing homes and condos closed escrow in the Maricopa-Pinal counties area in January. Sales were 17.9 percent lower than in December but were still 3.2 percent higher than the number of homes sold in January of 2011.

Home sales typically decline 21.7 percent between December and January and were only 3.1 percent below the average number of homes typically sold in January.

New homes sales were 31.3 percent higher than in the same month last year, their highest since January 2009, but were still well below what is average for the month. Sales of existing homes were 17.5 percent higher than the January average and made their best showing for the month since 2006.

Cash buyers accounted for 45.8 percent of all purchases in January, up from 41.0 percent in December but down from 46.0 percent a year earlier. The record for cash purchases was in February 2011, when 48 percent of the sales were for cash.

The price that cash buyers paid for their purchases increased to $97,700 in January, which was up slightly from $94,900 in December and $88,854 in January of 2011.

The overall median price paid for new and resale homes and condos in January was $127,500, down 1.2 percent from December but 7.1 percent higher than in January of last year. It was the second consecutive month that home prices have increased year-over-year following 17 months of declines.

The current median price is 51.9 percent below the peak median price of $264,100 in June 2006.

Distressed property sales accounted for 52.1 percent of the re-sale market in January, with foreclosure sales accounting for 36.3 percent of all re-sales, down from 37.7 percent in December, and short sales accounting for 15.8 percent of all re-sales, down from 17.2 percent in December. Distressed property sales were at their lowest level since June 2008.

Foreclosures fell 9.2 percent from December to January and were down 41.3 percent from January of 2011.

Tags: existing home sales, Phoenix, distressed properties, resale homes, condos, cash buyers, investors, median price

Source:
DataQuick

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
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BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

March 8, 2012 (Shirley Allen)

The Phoenix housing market continued to show signs of a recovery in January as new and existing home sales posted their best numbers since 2009 and 2006, respectively, and home prices were up year-over-year for the second consecutive month according to the latest housing data released from DataQuick.

A total of 7,123 new and existing homes and condos closed escrow in the Maricopa-Pinal counties area in January. Sales were 17.9 percent lower than in December but were still 3.2 percent higher than the number of homes sold in January of 2011.

Home sales typically decline 21.7 percent between December and January and were only 3.1 percent below the average number of homes typically sold in January.

New homes sales were 31.3 percent higher than in the same month last year, their highest since January 2009, but were still well below what is average for the month. Sales of existing homes were 17.5 percent higher than the January average and made their best showing for the month since 2006.

Cash buyers accounted for 45.8 percent of all purchases in January, up from 41.0 percent in December but down from 46.0 percent a year earlier. The record for cash purchases was in February 2011, when 48 percent of the sales were for cash.

The price that cash buyers paid for their purchases increased to $97,700 in January, which was up slightly from $94,900 in December and $88,854 in January of 2011.

The overall median price paid for new and resale homes and condos in January was $127,500, down 1.2 percent from December but 7.1 percent higher than in January of last year. It was the second consecutive month that home prices have increased year-over-year following 17 months of declines.

The current median price is 51.9 percent below the peak median price of $264,100 in June 2006.

Distressed property sales accounted for 52.1 percent of the re-sale market in January, with foreclosure sales accounting for 36.3 percent of all re-sales, down from 37.7 percent in December, and short sales accounting for 15.8 percent of all re-sales, down from 17.2 percent in December. Distressed property sales were at their lowest level since June 2008.

Foreclosures fell 9.2 percent from December to January and were down 41.3 percent from January of 2011.

Tags: existing home sales, Phoenix, distressed properties, resale homes, condos, cash buyers, investors, median price

Source:
DataQuick

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

March 8, 2012 (Shirley Allen)

The Phoenix housing market continued to show signs of a recovery in January as new and existing home sales posted their best numbers since 2009 and 2006, respectively, and home prices were up year-over-year for the second consecutive month according to the latest housing data released from DataQuick.

A total of 7,123 new and existing homes and condos closed escrow in the Maricopa-Pinal counties area in January. Sales were 17.9 percent lower than in December but were still 3.2 percent higher than the number of homes sold in January of 2011.

Home sales typically decline 21.7 percent between December and January and were only 3.1 percent below the average number of homes typically sold in January.

New homes sales were 31.3 percent higher than in the same month last year, their highest since January 2009, but were still well below what is average for the month. Sales of existing homes were 17.5 percent higher than the January average and made their best showing for the month since 2006.

Cash buyers accounted for 45.8 percent of all purchases in January, up from 41.0 percent in December but down from 46.0 percent a year earlier. The record for cash purchases was in February 2011, when 48 percent of the sales were for cash.

The price that cash buyers paid for their purchases increased to $97,700 in January, which was up slightly from $94,900 in December and $88,854 in January of 2011.

The overall median price paid for new and resale homes and condos in January was $127,500, down 1.2 percent from December but 7.1 percent higher than in January of last year. It was the second consecutive month that home prices have increased year-over-year following 17 months of declines.

The current median price is 51.9 percent below the peak median price of $264,100 in June 2006.

Distressed property sales accounted for 52.1 percent of the re-sale market in January, with foreclosure sales accounting for 36.3 percent of all re-sales, down from 37.7 percent in December, and short sales accounting for 15.8 percent of all re-sales, down from 17.2 percent in December. Distressed property sales were at their lowest level since June 2008.

Foreclosures fell 9.2 percent from December to January and were down 41.3 percent from January of 2011.

Tags: existing home sales, Phoenix, distressed properties, resale homes, condos, cash buyers, investors, median price

Source:
DataQuick

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS