New Year – New Home? Call Arizona 360 Realty

With the coming of 2012 there seems to be lots of speculation, predictions and sometimes just plain crazy! But one thing is for sure, home buying in the Phoenix area has its perks. With interest rates very low and prices still it the affordable range, if you are in a position to purchase it is a good time.

At the end of last year we saw the inventory drastically reduce and the sell of conventional home sales increase. Giving existing home owners the opportunity to sell. With inventory low the possibility of home price increase good. Also many buyers were seeking the conventional purchase for the ease of the transaction as well as the possibility of purchasing a home that is not “as-is”.

We also hope to see some incentives for buyers and sellers this year to boost the market. These incentives are a great thing to take advantage of. One that is currently offered by the city of phoenix is down payment assistance. Here is a link:

http://phoenix.gov/residents/stabilization/nsp/programs/homebuyer/index.html

This program offers $15,000 for down payment as a “loan” according to the website is paid back at the sell or refinance of the home. Might be worth checking out.

The lending world is also changing all the time and new programs are offered. Check with your lender or we have excellent resources also. So contact us if you need help in the financing department.

Visit our website for Arizona 360 Realty at www.sellaz360.com , or give us a call anytime with questions, to let us know of offers you find helpful or if you need help in any type of real estate. We would also like you to leave comments or questions.