Saturday, June 16, 2007

OUR BLOG BEGINS

We begin this process of blogging as neophytes even though we hold an e-PRO designation, a National Association of Realtors (NAR) certification of Internet prowess.

We will attempt to keep you informed of items crucial to your thoughts regarding Buying or Selling Real Estate. We will draw from the thoughts of those with expertise in the statistics and trends of the Real Estate market and from my fellow agents and their current assessment of the environment.

We will link you, where possible, to pages on the internet containing significant items of interest. A couple or so examples:

Are there renters in your neighborhood?
PMI or MIP may now be tax deductible!
Are mortgage rates going up?


In the last 2-3 weeks locally, we have seen rates increase by nearly 0.5% to 6.75% on "Conforming Loans" - those that permit the lender to sell the loan to National Clearing Houses.
Coupled with the 44,000+ Single Family Homes now available on MLS in the Grater Phoenix area, this would seem to be a very good time to consider buying!

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