Hello from New York City. I just wanted to send out a short message this morning and give you a quick update on our website and blogs. First off our blogs have been fully restored and we are up and running at 100%. So blog followers, readers and admirers – comment away!
Secondly the framework of our core website (CondoDomain.com) has been restored and successful moved to a brand new server environment. In hopes to eliminate all of …
Well, Phoenix has had a bit of excitement today. It isn’t everyday that the President of the United States Barack Obama comes to deliver the commencement address at ASU.
Downtown Phoenix is a thriving business and residential area. The best of a beautiful scenery and a growing city is yours in downtown Phoenix. Copper Square is the 90 block core of downtown Phoenix.
The East Phoenix/Camelback area features some of th emost spectacular views in the area. Adjacent to the Camelback mountain resort area, East Phoenix is the heart of a great urban area with all the beautiful scenery of Arizona just outside your window.
Phoenix has several historic districts, and these are attractive choices for condo buyers. Buildings are either renovated classics, or built in the architectural style of the craftsman era and earlier.
The Roosevelt district was the first to be officially designated a historic district.
The Artisan communities in Phoenix were developed by Eric Brown, a successful builder with a vision for unique living spaces. The five existing Artisan communities in Phoenix are in different parts of the city, and blend with the neighborhood for a total experience of convenience, lifestyle, and comfort.
Phoenix is a center of extremely affordable homes, and Phoenix condos are no exception. This beautiful city is home to many diverse designs, townhomes, and high rises. Phoenix condos offer the best in residential living, “green” lifestyle, and affordability.
The median price of Phoenix real estate continues to be dragged down by foreclosures, and there is still a lot of inventory available. This is still good news for buyers of Phoenix Condos, especially in the downtown Phoenix area.
Phoenix foreclosures are no longer just in risky neighborhoods. The foreclosure crisis has hit all sorts of homes in all types of areas. Pre-foreclosure, many homeowners and developers are willing to negotiate with a buyer/investor. If they can walk away with a little cash and satisfied liens, and you have a property for less than the market value, it can be a win – win proposition.
Phoenix lofts are a popular lifestyle choice right now. Whether built brand new, or converted from formerly commercial and industrial space, the convenient locations, ample space, soaring ceilings and light pouring in through large windows make an attractive choice, and are a magnet for urban designers.
In the downtown Phoenix Warehouse District, Stadium Lofts is located two blocks south of the US Airways Arena.
There’s been a lot of attention to nationwide foreclosures in the news lately. The number of foreclosures is up this month, and looks pretty drastic. This is partly because of the moratorium on foreclosures in December and through February, awaiting word from the White House on how the federal government would intervene. Now that the moratorium is over, foreclosed properties that were already set for auction have been again scheduled for sale, and now there is a backlog of them.
Good news for FHA loans! As of last week, there are new maximum loan limits that are available due to the American Recovery & Reinvestment Act. These new loan limits are for new and existing loan applications that are submitted with credit approval on or after March 12, 2009.
Here is a list of the 2009 FHA Maximum Mortgage Limits:
$729,750 for one-unit properties
$934,200 for two-unit properties
$1,129,250 for three-unit properties
$1,403,400 for four-unit properties
These new limits open up the possibilities for many new buyers! Now lenders can go as high as a $729,750 …
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