Tuesday, October 30, 2012

3.8% Tax: What's True, What's Not

Rumors about the 3.8% Medicare tax continue to circulate. Here's the definitive word on what's true and what's not on how the tax impacts real estate.  Read article

Experts see metro Phoenix home prices increasing

Metro Phoenix home prices are expected to continue climbing during the next few years.
Housing analysts agree that demand for homes in the region is strong, and many don’t appear to be concerned about prices rising too fast and shutting the door on regular homebuyers or investors.
Several experts are looking for metro Phoenix home prices to climb more than 10 percent annually during the next three years.
“We think Phoenix home prices will appreciate 12 percent in 2013, 12 percent in 2014 and 10 percent in 2015,” said national housing analyst John Burns of Los Angeles.  Read article

The Top 10 markets for Gen Y jobs; Phoenix 19th



Phoenix was 19th for Gen Y jobs in a new report from PayScale. Click through the slide show to see the Top 10 cities.Ā 


Phoenix is No. 19 on the list of the 20 best cities in the U.S. for Gen Y workers to find job opportunities, according to new research from PayScale.com.  Read article

Monday, October 29, 2012

Article Comments (6) Business » Realestate » Article Phoenix-area homeowners see market on the rebound



The Republic | azcentral.com Sat Oct 27, 2012 11:33 PM
 
For the past five years, tens of thousands of homeowners have been frozen in place, unable to sell their homes for a profit.
Now, there are signs a thaw is under way.   Read article

12 Favorite Places to Eat Outdoors in Greater Phoenix

The House --patio.jpg
 At last! Blissfully cool mornings, evenings with a hint of chill and daytime temps that mean we can lunch on a shaded patio without swimming in sweat. This right here, this seasonal slice of heaven is why we endure traffic, tourists and summer  Read article

Wednesday, October 24, 2012

Bank of America hit with $1B mortgage fraud lawsuit

Bank of America has proposed a $8.5 billion settlement with investors in mortgage-backed securities. Six Federal Home Loan Banks are seeking to intervene in the proposed settlement.
The federal government filed a civil mortgage fraud lawsuit against Bank of America Corp., accusing it of deliberately generating and selling thousands of toxic home loans that later defaulted to Fannie Mae and Freddie MacRead more