Are you a homeowner considering a short sale?  Apply online todayhttp://www.housingaz.com/ The Arizona Department of Housing has $269 million in federal foreclosure-prevention funds. The state agency is offering homeowners $4,500 and to pay their 3 percent closing costs if they work with their lender to complete a short sale instead of losing their home to foreclosure. But, of course, like the principal-reduction loan modifications, it’s all up…

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Phoenix will be the setting for a new reality show about one of the region’s most competitive and heart-racing activities – bidding on foreclosure homes.Agents who work at Maricopa County’s foreclosure auctions are in negotiations to appear on the show, which is planned to start airing on the Discovery Channel next year. Filming for “Betting the House” is expected to begin in the next few…

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ANTHEM GOLF AND COUNTRY CLUB ANNOUNCES A NEW GOLF MEMBERSHIP CATEGORY Anthem’s Golf Membership has been available to residents living outside the Country Club Community for nearly ten years. The Club has quickly become one of the top 5 Clubs that are a part of ClubCorp, World Leader in Private Clubs with over 130 golf and country clubs worldwide. We are now offering a new…

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Traditionally, a home’s value could be estimated from its “comps,” comparable sales of nearby homes. Those offer an idea of the going price in a neighborhood and the price per square foot. Currently, metro Phoenix’s overall median sales price is $124,000. But because many of the homes sold are foreclosure auctions – in which low-priced homes are common – that number could be seen as…

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“Foreclosures continue to be the dominant force in the market”, states Jay Butler, professor at the W.P. Carey School of Business at ASU.  Butler feels the housing market is making a glacial pace recovery, but emphansizes that he has seen the same seasonal report in the past two years without a significant recovery in the home-resale market overall. Median home prices for single family homes…

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Hot Topics >>> HGTV Comes to Anthem Tune in to watch on June 3, 2011 By Stephanie Maher Palenque Have you ever wondered how “outsiders” view Anthem, and the homes and amenities they find here? What do buyers base their final decision on? What are “deal breakers?” Local real estate professional, Kathleen Mazzocco, received a phone call over a year ago from an HGTV House Hunters…

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  By slashing prices, Arizona country clubs aim for green by Peter Corbett – May. 1, 2011 12:00 AM The Arizona Republic In a financial sense, some of Arizona’s top country clubs are playing a difficult lie in the rough.clubs, closely intertwined with real-estate development, are feeling the pain of golfcourse overdevelopment, which has created too much supply and not enough demand. Country-club exit lists are…

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May 28, 2011 | Posted By: Catherine Reagor    Phoenix-area “shadow inventory” of homes doing well in market by Catherine Reagor – May. 28, 2011 12:00 AM The Arizona Republic Metro Phoenix has a “shadow inventory” of nearly 100,000 homes, the kind that market watchers sometimes fear could flood the region’s long-suffering housing market and drive down prices.These homes are either in foreclosure or the owners are behind on…

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Check your local TV Guide listings for time Featuring ANTHEM, ARIZONA “John and Kim Bojonny are making a mid-life change and are relocating to Phoenix. They are looking for a home with an open floor plan, three bedrooms, two bathrooms, large closets and lots of extra space. With a $350,000 budget, their realtor, Kathleen Mazzocco is determined to find them exactly what they want.” Show highlights:…

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The Shadow Market inventory are homes that are either in foreclosure or the homeowner is behind on their mortgage payments, showing signs hat these properties could eventually join the supply of homes offered by lenders for sale at a deep discount.But the Phoenix, AZ region is actually in much better shape than other parts of the U.S. hit hard by foreclosures, according to new analysis from a national real-estate…

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