Greater Phoenix / Scottsdale Home Prices Down; Supplies Down

As a result of a reduction in distressed sales including short sales, foreclosures and pre-foreclosures, Phoenix area home sales dropped 4.4% in June and down 6.6% when compared with the previous year according to a report from Michael J Orr, Director of the Center for Real Estate Theory and Practice at ASU’s WP Carey […] Read more »

Mortgage Rates at an All Time Low

Arizona Mortgage Rates CurrentLast Week 30 Year Fixed 15 Year Fixed 5/1 Adjustable Your browser doesn’t support frames. Visit Zillow Mortgage Marketplace to see this content. Mortgage Rates Contact The SRL Group today to discuss Scottsdale metropolitan areas including: Paradise Valley, Arcadia, Biltmore, Central Corridor, Phoenix, Scottsdale, Fountain Hills, Chandler, […] Read more »

Phoenix Real Estate Market – Phoenix Real Estate – Inventory and Price Stats

Phoenix Real Estate Market – Phoenix Real Estate – Inventory and Price Stats Phoenix and Scottsdale home inventories for sale are at multi-year lows due to significant investment coming from from private equity investors. “Funds planning to invest more than $6 billion to buy and rent foreclosed homes are finding […] Read more »

Thinking of doing a Short Sale?

As a short sale specialist, The SRL Group understands how stressful it is to not make payments on your home and start the short sale process.  Make sure that you ask any questions you may have as educating yourself on the short sale process will only benefit you, the seller.  As […] Read more »

Short Sale Tax Consequences Arizona

Every short sale situation is entirely different, so your tax ramifications may be unique.  Conventional wisdom states that it may not be worthwhile to sell one’s home through a short sale process as a result of the tax implications resulting from the forgiveness of debt.  Though it is true you may receive […] Read more »

Short Sales Phoenix, Scottsdale & Surrounding Areas

The Short Sale Process What is a short sale? The opportunity for a short sale presents itself when the seller accepts an offer from a buyer at less than the value of the mortgage.  The bank or mortgage holder then releases the seller of any financial obligations, accepting less than […] Read more »