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What are the 7 most desired upgrades for home owners and buyers?

Better Homes & Garden recently did survey with their readers to find out what home owners are planning to do with their current house or what they desire in a new home.  How does this compare to your plans? Click here for article … [Read more...]

Warren Buffett is betting on housing

If you follow Warren Buffett or just admire his investing acumen, you should pay attention to his latest venture-real estate.  With signs of the housing market coming back in strong fashion, real estate may be a great place to invest if you are looking to diversify your current asset mix. http://live.wsj.com/video/why-buffett-is-betting-big-on-housing/432BAEE2-88DB-4382-9496-2DA9F86E3047.html … [Read more...]

Buying vs. renting in Phoenix

Currently, the average break-even point is 3 years between owning and renting a home in the U.S. and Phoenix is almost half that number coming in at 1.7 years.  A very tempting reason to jump into the market if you've been renting over the past couple of years. Source: CNN Money   … [Read more...]

First Time Home Buyers

The timing for first time home buyers has never been better in Arizona.  Mortgage rates are at all time lows, lenders are anxious to get back into the marketplace with loans, and new inventory continues to come to the market. Prices have started to increase on homes but are still very well priced.  The Marsh Partners has provided a list that can assist in achieving your dream of your first home.  And, with the digital technology and extensive web tools at our disposal, choosing a property and hiring a professional … [Read more...]

Mortgage Rates at an All-Time Low

Record-breaking rates have once again reached new lows for 30-year and 15 year fixed rate mortgages.   For the past 16 weeks, the 30-year fixed-rate mortgage alone has averaged below 4 percent, increasing affordability by cheapening the costs of borrowing. In its weekly mortgage market survey, Freddie Mac reports that average fixed-rate mortgages continue to reach all-time record lows from easing bond yields and a dismal June employment report. Here’s a closer look at rates for the week ending July … [Read more...]

True Arcadia Real Estate

Some interesting statistics regarding “True Arcadia” Real Estate - By Ben Marsh, Associate Broker with The Marsh Partners (True Arcadia defined as: 44th Street East to 68th Street, Indian School North to Camelback) At The Marsh Partners, we are passionate about the markets that we work in and focus on. One of those particular markets is the Arcadia neighborhood. This area is a highly sought after neighborhood for various reasons including being a family friendly neighborhood, great public school district, … [Read more...]

Home price gains at risk in distressed markets…

Source: Trulia - Foreclosure backlogs a concern in Phoenix, Miami and Detroit By Inman News, Tuesday, July 10, 2012. Asking prices for for-sale homes nationwide have risen in the last four out of five months, but the biggest market gainers also have foreclosure backlogs putting those increases at risk, according to a monthly report from real estate search and marketing site Trulia. For this report, Trulia considered the for-sale and for-rent properties listed on its website through June 30, 2012, taking into … [Read more...]

Bidding Wars…

An interesting article by Catherine Reagor with Arizona Republic - Bidding wars among investors and regular homebuyers continue to escalate because of the lack of supply. Residential foreclosures in metro Phoenix fell again last month. That's good news for some struggling homeowners, but it means fewer bargain-priced homes on the market for potential buyers. In June, lenders took back 1,719 homes, according to AZ Bidder. That's about 300 fewer than in May. Demand for commercial properties is also … [Read more...]

True Arcadia Real Estate

Some interesting statistics regarding “True Arcadia” Real Estate (True Arcadia defined as: 44th Street East to 68th Street, Indian School North to Camelback) At The Marsh Partners, we are passionate about the markets that we work in and focus on. One of those particular markets is the Arcadia neighborhood. This area is a highly sought after neighborhood for various reasons including being a family friendly neighborhood, great public school district, ambiance of the streets, beautiful homes, and a prime location … [Read more...]

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This is an example of a WordPress post, you could edit this to put information about yourself or your site so readers know where you are coming from. You can create as many posts as you like in order to share with your readers what exactly is on your mind. This is an example of a WordPress post, you could edit this to put information about yourself or your site so readers know where you are coming from. You can create as many posts as you like in order to share with your readers what exactly is on your mind. … [Read more...]

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