FDIC Bank Closure Map – http://banks.feedba.cc
A list of quotes pairing prognosticators from the Great Depression against experts from the Housing Bubble. Funny? Scary? You decide!
Duration : 0:5:45
Aaron Auxier discusses the 2009 Home Value Percentage Map recently released by First American Title Company in the Review Journal. Sadly, according to the map, zip code 89109 was the hardest hit area in town with a 60% depreciation in 2009 (approx. twice as bad as many of the city’s other areas). Aaron explains that the news is disheartening, especially as a new developer is currently trying to close escrow on the contracts of their Las Vegas Strip condo units (which were sold for upwards of $2,000 a square foot during the pre-construction boom).
Aaron points out that it’s frustrating that 89109 shows such a slouch and how the true replacement cost numbers, as well as intangibles of why developers are hesitant to sacrifice their prime Las Vegas Strip land for residential high-rise condominiums are rarely reported.
In good news, while new projects attempt to close escrow at double and possibly triple the price, buyers are using this time to swoop up on resale units (many times short sales or REOs) at properties such as Panorama Towers, Sky Las Vegas, and Turnberry Place.
Finally, Aaron informs buyers why they need to research what TRUE Buyer’s Agency means to their purchase, and the dangers of walking into one-sided, on-site developer’s agents (and hearing their spin).
Duration : 0:3:54
Here is my market update for March. I hope you find this informative: see video.
It’s the first of March, so today we will review the market sales and information for February. First, we came into March with 27,000 single family home available for sale. If you compare this to last year when 40,000 homes were on the market in the metro Phoenix area you would see inventor is down 32.5%.
Next are the home sales. We closed 5,504 homes in metro Phoenix this February, that is 14% higher than last year. Remember last year was the second best year ever for home sales. Last month 7,407 homes sold and went into a Pending status.
Foreclosure homes constituted 2,100 of the sales last month and inventor of foreclosures is flat. Short Sales continue to sell with great velocity, there were 1,359 Short Sale closings in February for the metro Phoenix real estate market. That is 4 times the amount of the same time last year.
Retail home sales continue to improve as more sellers bring their price to the market value and attract buyers. This segment made up 36% of the closings for February. Over 56% of the homes available for sale are retail sales.
Affordability has returned to the metro Phoenix real estate market. I put together the following chart to show how affordable homes are today. But a quick review of what I am trying to convey. For a home valued at $100,000 it takes one income earner of approximately $27k to qualify or 2 at $13.5k per year. With 2,000 work hours in a year 2 persons making $6.75 each per hour would qualify for a $100,000 home. For a $300,000 home it would take two people averaging $20 per hour to qualify. Of course, as interest rates go up, so will the required income. Today, you can buy a real nice home for $300,000. As a matter of fact, we are listing a really nice home in Surprise today. It is about 2,000 square feet, single level, 3 beds plus a den, Granite counters, Stainless appliances, NICE home, oh and it backs the neighborhood park. Guess how much? $125,000!!! YES, this is crazy! This is a fantastic deal, but their are great opportunities all over. You just need to make a wise informed decision. Go to my blog to see chart:
http://www.arizonabankdeals.com/metro-phoenixscottsdale-real-estate-market-update-march-2010-realtor-jeff-cameron/
I hope you saw my video of the 3 dates and 3 reasons to buy today.
1. April the Fed stops buying mortgage backed securities, rates will go up. Experts are saying rates will go up 1 – 1.5%!
2. April, FHA raises their mortgage insurance premium .5%. This is a direct cost to the buyer.
3. End of April, you must be under contract by the end of April to qualify for the buyer tax credits.
watch the video:Created on March 4, 2010 using FlipShare.
Duration : 0:6:51
http://www.map2equity.com
In this video we reveal the power of Xima USA for your Real Estate Business:
Why Xima USA?
• How many of us shop at stores like Wal-Mart? Why do we shop there? Simply because we love Saving Money. This video reveals how Xima USA will SAVE YOU MONEY in your Real Estate Business
• How many people Shop Online? Why do we Shop Online? I shop online mostly because I am lazy and I dont like going through the hassle of going to the store and waiting in line for an item that I don’t even know if they have. In this video you will also learn how to SAVE TIME with Xima USA
• And the last one is probably the reason why you are watching this presentation and why we are all in Business. To MAKE MORE MONEY.
The 7 Top Benefits for YOU
•Centralize Real Estate information (P.R., Listings, Foreclosures). Xima saves you time by having all your Real Estate related information centralized in one system. You can search for Public Record Information, Pre-Foreclosure and Foreclosure information, Listings information and more. All from one centralized location. You can also Save Your Searches and Create Templates for your Searches, saving you time.
• Search for Properties by Equity (including Listings and REOs). I want you to ask yourself the following question: How Much is a deal with, lets say, more than 50, or 60% is worth to me? Or even; name your own equity. How much is that worth to you? Write it down in a piece of paper and circle. Now I can explain how we achieve this. Our system calculates marketing value on each property in your county by running a full comparable report on each property. We do not use averages, or even tax Assessed Value, we run the comps for every single property and store the Values in a database, allowing you to search by equity. Also, we run our calculation and update these values weekly, so that you get fresh information.
• Calculate Properties Values and Run Reports (BPO & PAR) You can Run professional valuation reports for your properties, from the PAR or Property Analysis Report (which is like a full CMA report) to running a BPO Report (Brokers Pricing Opinion) Report. Wether you are a RE Agent who is doing BPO reports for banks, or an RE professional negotiating Short Sales or an investor transacting on properties whose sole business depends on the value of these properties. How much is this worth to you?
• Search by Map (Farm your Market)
• Manage Marketing Campaigns (Mailing Labels and Ph #s*)
• Identify possible Short Sales
• Manage the whole Short Sale negotiation
• Support, including FREE Weekly Webinar Trainings
GO NOW to http://www.map2equity.com
Duration : 0:5:13
http://www.map2equity.com
In this video we reveal the power of Xima USA for your Real Estate Business:
Why Xima USA?
• How many of us shop at stores like Wal-Mart? Why do we shop there? Simply because we love Saving Money. This video reveals how Xima USA will SAVE YOU MONEY in your Real Estate Business
• How many people Shop Online? Why do we Shop Online? I shop online mostly because I am lazy and I dont like going through the hassle of going to the store and waiting in line for an item that I don’t even know if they have. In this video you will also learn how to SAVE TIME with Xima USA
• And the last one is probably the reason why you are watching this presentation and why we are all in Business. To MAKE MORE MONEY.
The 7 Top Benefits for YOU
•Centralize Real Estate information (P.R., Listings, Foreclosures). Xima saves you time by having all your Real Estate related information centralized in one system. You can search for Public Record Information, Pre-Foreclosure and Foreclosure information, Listings information and more. All from one centralized location. You can also Save Your Searches and Create Templates for your Searches, saving you time.
• Search for Properties by Equity (including Listings and REOs). I want you to ask yourself the following question: How Much is a deal with, lets say, more than 50, or 60% is worth to me? Or even; name your own equity. How much is that worth to you? Write it down in a piece of paper and circle. Now I can explain how we achieve this. Our system calculates marketing value on each property in your county by running a full comparable report on each property. We do not use averages, or even tax Assessed Value, we run the comps for every single property and store the Values in a database, allowing you to search by equity. Also, we run our calculation and update these values weekly, so that you get fresh information.
• Calculate Properties Values and Run Reports (BPO & PAR) You can Run professional valuation reports for your properties, from the PAR or Property Analysis Report (which is like a full CMA report) to running a BPO Report (Brokers Pricing Opinion) Report. Wether you are a RE Agent who is doing BPO reports for banks, or an RE professional negotiating Short Sales or an investor transacting on properties whose sole business depends on the value of these properties. How much is this worth to you?
• Search by Map (Farm your Market)
• Manage Marketing Campaigns (Mailing Labels and Ph #s*)
• Identify possible Short Sales
• Manage the whole Short Sale negotiation
• Support, including FREE Weekly Webinar Trainings
GO NOW to http://www.map2equity.com
Duration : 0:5:42
http://www.map2equity.com
In this video we reveal the power of Xima USA for your Real Estate Business:
Why Xima USA?
• How many of us shop at stores like Wal-Mart? Why do we shop there? Simply because we love Saving Money. This video reveals how Xima USA will SAVE YOU MONEY in your Real Estate Business
• How many people Shop Online? Why do we Shop Online? I shop online mostly because I am lazy and I dont like going through the hassle of going to the store and waiting in line for an item that I don’t even know if they have. In this video you will also learn how to SAVE TIME with Xima USA
• And the last one is probably the reason why you are watching this presentation and why we are all in Business. To MAKE MORE MONEY.
The 7 Top Benefits for YOU
•Centralize Real Estate information (P.R., Listings, Foreclosures). Xima saves you time by having all your Real Estate related information centralized in one system. You can search for Public Record Information, Pre-Foreclosure and Foreclosure information, Listings information and more. All from one centralized location. You can also Save Your Searches and Create Templates for your Searches, saving you time.
• Search for Properties by Equity (including Listings and REOs). I want you to ask yourself the following question: How Much is a deal with, lets say, more than 50, or 60% is worth to me? Or even; name your own equity. How much is that worth to you? Write it down in a piece of paper and circle. Now I can explain how we achieve this. Our system calculates marketing value on each property in your county by running a full comparable report on each property. We do not use averages, or even tax Assessed Value, we run the comps for every single property and store the Values in a database, allowing you to search by equity. Also, we run our calculation and update these values weekly, so that you get fresh information.
• Calculate Properties Values and Run Reports (BPO & PAR) You can Run professional valuation reports for your properties, from the PAR or Property Analysis Report (which is like a full CMA report) to running a BPO Report (Brokers Pricing Opinion) Report. Wether you are a RE Agent who is doing BPO reports for banks, or an RE professional negotiating Short Sales or an investor transacting on properties whose sole business depends on the value of these properties. How much is this worth to you?
• Search by Map (Farm your Market)
• Manage Marketing Campaigns (Mailing Labels and Ph #s*)
• Identify possible Short Sales
• Manage the whole Short Sale negotiation
• Support, including FREE Weekly Webinar Trainings
GO NOW to http://www.map2equity.com
Duration : 0:9:12
http://www.map2equity.com
In this video we reveal the power of Xima USA for your Real Estate Business:
Why Xima USA?
• How many of us shop at stores like Wal-Mart? Why do we shop there? Simply because we love Saving Money. This video reveals how Xima USA will SAVE YOU MONEY in your Real Estate Business
• How many people Shop Online? Why do we Shop Online? I shop online mostly because I am lazy and I dont like going through the hassle of going to the store and waiting in line for an item that I don’t even know if they have. In this video you will also learn how to SAVE TIME with Xima USA
• And the last one is probably the reason why you are watching this presentation and why we are all in Business. To MAKE MORE MONEY.
The 7 Top Benefits for YOU
•Centralize Real Estate information (P.R., Listings, Foreclosures). Xima saves you time by having all your Real Estate related information centralized in one system. You can search for Public Record Information, Pre-Foreclosure and Foreclosure information, Listings information and more. All from one centralized location. You can also Save Your Searches and Create Templates for your Searches, saving you time.
• Search for Properties by Equity (including Listings and REOs). I want you to ask yourself the following question: How Much is a deal with, lets say, more than 50, or 60% is worth to me? Or even; name your own equity. How much is that worth to you? Write it down in a piece of paper and circle. Now I can explain how we achieve this. Our system calculates marketing value on each property in your county by running a full comparable report on each property. We do not use averages, or even tax Assessed Value, we run the comps for every single property and store the Values in a database, allowing you to search by equity. Also, we run our calculation and update these values weekly, so that you get fresh information.
• Calculate Properties Values and Run Reports (BPO & PAR) You can Run professional valuation reports for your properties, from the PAR or Property Analysis Report (which is like a full CMA report) to running a BPO Report (Brokers Pricing Opinion) Report. Wether you are a RE Agent who is doing BPO reports for banks, or an RE professional negotiating Short Sales or an investor transacting on properties whose sole business depends on the value of these properties. How much is this worth to you?
• Search by Map (Farm your Market)
• Manage Marketing Campaigns (Mailing Labels and Ph #s*)
• Identify possible Short Sales
• Manage the whole Short Sale negotiation
• Support, including FREE Weekly Webinar Trainings
GO NOW to http://www.map2equity.com
Duration : 0:4:15
http://www.map2equity.com
In this video we reveal the power of Xima USA for your Real Estate Business:
Why Xima USA?
• How many of us shop at stores like Wal-Mart? Why do we shop there? Simply because we love Saving Money. This video reveals how Xima USA will SAVE YOU MONEY in your Real Estate Business
• How many people Shop Online? Why do we Shop Online? I shop online mostly because I am lazy and I dont like going through the hassle of going to the store and waiting in line for an item that I don’t even know if they have. In this video you will also learn how to SAVE TIME with Xima USA
• And the last one is probably the reason why you are watching this presentation and why we are all in Business. To MAKE MORE MONEY.
The 7 Top Benefits for YOU
•Centralize Real Estate information (P.R., Listings, Foreclosures). Xima saves you time by having all your Real Estate related information centralized in one system. You can search for Public Record Information, Pre-Foreclosure and Foreclosure information, Listings information and more. All from one centralized location. You can also Save Your Searches and Create Templates for your Searches, saving you time.
• Search for Properties by Equity (including Listings and REOs). I want you to ask yourself the following question: How Much is a deal with, lets say, more than 50, or 60% is worth to me? Or even; name your own equity. How much is that worth to you? Write it down in a piece of paper and circle. Now I can explain how we achieve this. Our system calculates marketing value on each property in your county by running a full comparable report on each property. We do not use averages, or even tax Assessed Value, we run the comps for every single property and store the Values in a database, allowing you to search by equity. Also, we run our calculation and update these values weekly, so that you get fresh information.
• Calculate Properties Values and Run Reports (BPO & PAR) You can Run professional valuation reports for your properties, from the PAR or Property Analysis Report (which is like a full CMA report) to running a BPO Report (Brokers Pricing Opinion) Report. Wether you are a RE Agent who is doing BPO reports for banks, or an RE professional negotiating Short Sales or an investor transacting on properties whose sole business depends on the value of these properties. How much is this worth to you?
• Search by Map (Farm your Market)
• Manage Marketing Campaigns (Mailing Labels and Ph #s*)
• Identify possible Short Sales
• Manage the whole Short Sale negotiation
• Support, including FREE Weekly Webinar Trainings
GO NOW to http://www.map2equity.com
Duration : 0:2:55
You MUST Share This INFORMATION!!!
This is stunning visual proof of just how serious our unemployment and economic situation we’re currently facing. Do not let anyone tell you it’s getting better…that we’re out of the woods.
Millions of jobs have been lost and each job is a human life that is now facing desperate financial situation. Each of those millions who have lost there jobs touch tens and hundreds of millions of people…and even more abroad.
How can our economy improve with this many people out of work??? In addition to this…companies are cutting hours, cutting P/T workers and cutting benefits…AND cutting pay.
This will add enormous pressure on real estate, consumer spending, investing, etc…..AND on government tax revenue from us and from US companies.
This map looks scary …BECAUSE IT IS SCARY!!!!
Thank you for your comments and all your Fav’s and your sharing this IMPORTANT video!!!
Tags: Job loss unemployment
Duration : 0:2:1
http://www.map2equity.com
In this video we reveal the power of Xima USA for your Real Estate Business:
Why Xima USA?
• How many of us shop at stores like Wal-Mart? Why do we shop there? Simply because we love Saving Money. This video reveals how Xima USA will SAVE YOU MONEY in your Real Estate Business
• How many people Shop Online? Why do we Shop Online? I shop online mostly because I am lazy and I dont like going through the hassle of going to the store and waiting in line for an item that I don’t even know if they have. In this video you will also learn how to SAVE TIME with Xima USA
• And the last one is probably the reason why you are watching this presentation and why we are all in Business. To MAKE MORE MONEY.
The 7 Top Benefits for YOU
•Centralize Real Estate information (P.R., Listings, Foreclosures). Xima saves you time by having all your Real Estate related information centralized in one system. You can search for Public Record Information, Pre-Foreclosure and Foreclosure information, Listings information and more. All from one centralized location. You can also Save Your Searches and Create Templates for your Searches, saving you time.
• Search for Properties by Equity (including Listings and REOs). I want you to ask yourself the following question: How Much is a deal with, lets say, more than 50, or 60% is worth to me? Or even; name your own equity. How much is that worth to you? Write it down in a piece of paper and circle. Now I can explain how we achieve this. Our system calculates marketing value on each property in your county by running a full comparable report on each property. We do not use averages, or even tax Assessed Value, we run the comps for every single property and store the Values in a database, allowing you to search by equity. Also, we run our calculation and update these values weekly, so that you get fresh information.
• Calculate Properties Values and Run Reports (BPO & PAR) You can Run professional valuation reports for your properties, from the PAR or Property Analysis Report (which is like a full CMA report) to running a BPO Report (Brokers Pricing Opinion) Report. Wether you are a RE Agent who is doing BPO reports for banks, or an RE professional negotiating Short Sales or an investor transacting on properties whose sole business depends on the value of these properties. How much is this worth to you?
• Search by Map (Farm your Market)
• Manage Marketing Campaigns (Mailing Labels and Ph #s*)
• Identify possible Short Sales
• Manage the whole Short Sale negotiation
• Support, including FREE Weekly Webinar Trainings
GO NOW to http://www.map2equity.com
Duration : 0:4:18