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Prudential Arizona Properties
Kim Anderson
phone: (928) 474-2337 ext. 122

fax: (928) 474-5711
kim.anderson@pruaz.com  
 
E-mail:


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Today's Real Estate News and Advice

Updated: February 12, 2008

Housing Hangover Leaves Consumers Confused
Most consumers aren't aware lenders can help them avoid foreclosure and even more thing home prices are flat or rising, according to two recent studies. FULL STORY->

New Homes: Cooking on Both Burners
If the trend has been for kitchens to extend into living areas, then doesn't it follow suit that outdoor spaces are morphing into kitchens? According to Hanley-Wood's CustomHomeOnline, one of the most popular new trends for custom homebuyers is to make big plans for outdoor entertainment. FULL STORY->

Realty Viewpoint: Zillow Releases New Home Value Index
It's another look backwards, but the new Zillow Home Value Report has some interesting things to say. FULL STORY->

Mold Must Go: 6 Things to Know
What do you need know about mold to best serve your clients and keep yourself out of trouble? Columnist Steve Rodriguez explains. FULL STORY->

Loonie on Par With Dollar: How Much is Enough?
Canadians had a rude awakening when the Loonie first hit par with the American dollar in 2007. PJ Wade examines the basis for that rude awakening and explores how acting on it may help answer, "How much is enough for my future?" FULL STORY->

Buyers Or Listings: Which Is Worth More?
Which came first, the buyer or the seller? In different markets, should a Real Estate Professional concentrate on one more than the other? These questions have come up nearly 100 percent of the time when I'm doing training sessions in a tough market. And, it's always a tough market. FULL STORY->

IRS (and States) Target More Audits Of 1031 Exchanges
Section 1031 of the Internal Revenue Code allows a taxpayer to roll the gain from the sale of their Old Property over to their New, provided they do certain things which are detailed in the code. What most people don't understand is that Section 1031 is a "form driven" code section. This means that you must do exactly what the code section requires; if you don't your exchange will be disallowed if audited; you must dot the i's and cross the t's. FULL STORY->

Interest Rate Update
Today's Interest Rates from Realty Times are based on a 30 year amortization rate, with good credit and no origination fees. Early indications are that investors are again betting on Wall Street, pulling money out of mortgage bonds and into the stock market. FULL STORY->

Washington Report: Hope Now Alliance
You've probably heard critics on Capitol Hill complain that too many financially-stressed home owners aren't getting help from lenders to modify their loans, lower their rates or freeze them -- and keep them out of foreclosure. FULL STORY->

Wild, Wild West: SoCal Wildfire Recovery Update
Since last year's wildfires in Southern California destroyed 2,200 homes, home owners have found relief from some unexpected places. FULL STORY->

Interest Rate Update
Today's Interest Rates from Realty Times are based on a 30 year amortization rate, with good credit and no origination fees. Conflicting economic reports have mortgage rates in a quandary with no move up or down. FULL STORY->

Realty Viewpoint: Soft Market Conditions To Improve Mid-year
The National Association of Realtors expects soft market conditions to continue across much of the country but there's also plenty of reason to be hopeful that homebuying will pick up again by mid-year if not sooner. FULL STORY->

Green Living: Recycled Glass Is In
Consumers wanting a beautiful-looking home while also doing their part to protect the environment have myriad options for decorating their kitchen. And those looking to replace or install their counter tops should know, marble and granite are out and recycled glass is in. FULL STORY->

Help for Families with Disabled Children?
tba FULL STORY->

Market Conditions: Lake Arrowhead Mountain Area, California
Realtor Carol Banner has seen a drop in home sales in the Lake Arrowhead Mountain Area. But with four distinct seasons, lots of outdoor activities, Lake Arrowhead Golf Club and Lake Arrowhead Yacht Club, this Mountain Living community is very attractive to buyers. FULL STORY->

A Common Occurrence That Might Be Killing Your Business
Is the way you answer your phones driving away business? Columnist Brian Hilliard explains. FULL STORY->

Courts Review Agent Bonding Requirement in "Distressed Property" Sales
More than a few investors and agents have treated the Civil Code requirement as if it were an irrelevant technicality. Well, maybe it is a technicality, but the case of Schweitzer v. Westminster Investments has shown that it is not irrelevant. FULL STORY->

Celebrity Architects Serve as Point of Sale for UK Homes
America's infatuation with celebrity, the famous and the mega-star is just the setting that could usher in a new trend from Britain to our shores here in America. FULL STORY->

More Real Estate News and Advice... 

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