Prescott Real Estate & Homes For Sale | Prescott, Arizona

Statistics just released by the ARMLS system (Phoenix Valley MLS system) shows encouraging trends from 2011 and into 2012. The supply of existing homes on the market is at the second lowest level in 11 years.  New listings have dropped by 30,000 units from 2010 The median price is lower than 2010. The number of [...] Read more

Short Sale Timeline A Short Sale occurs when the seller owes more to the bank than they will receive from the sale of the property. The Seller will not receive any funds from the sale. The bank that is the current mortgage holder must approve the sale and on THEIR terms. Our Short Sale Purchase [...] Read more

Seller Financing is moving properties quickly and at top dollar. The cost of obtaining financing from the banks is over $4,000 for just a $120,000 mortgage loan. It is driving buyers away. Self-employed buyers are not getting loans at all. Forget getting a loan for land or a second home. They are just about not [...] Read more

The garden is in and sprouting. I just created a salad bar for birds! I love the sound of the many varieties of birds in the yard. It adds a peace and song to my surroundings. They love the seedlings and probably the seeds. My radishes are clipped to the ground and other plants are being [...] Read more

Lending Rules BIG Change In Arizona Loans are getting very difficult to obtain. They also require much more time and documentation before the loan is approved and funded. On March 1, 2011 the Arizona Residential Purchase Contract was revised for all Realtors to use. There any many changes but the most significant changes are about [...] Read more

24 inches of snow, 70 mile an hour winds, temperatures in the 20 and dropping. Frozen fingers. Shoveling, then Oh No! Here comes the plow again! reshoveling what the wind blows back, then reshoveling what the plow puts back. Car stuck. Car hit by plow. Car hits your other car. Car buried. Broken leg falling [...] Read more