2010 Calendars are here!

Email us your address this week 12/28 - 12/31 & we'll send you our 2010 Calendar just in time for the New Year!

Foreclosures lead market

Foreclosures lead market

We’re not out of the woods yet. Not nationwide and certainly not in the Valley. With trillions of dollars of ARMs still to reset in the coming months/years; unemployment still high & the economy far from showing signs of stability and growth home ownership continues to be for a lot of people their most expensive and challenging expense. While in the first phase of the housing debacle we saw subprime mortgages as the culprit, and the fringes of the valley were mostly impacted we’re now seeing the mid and high end markets catching up. In North Scottsdale shortsale listings have increased. Even Paradise Valley is not immune.

Homeowners today are more educated about their options and unlike in 2007 when the “tsunami” as some call it first hit us, today most people are more comfortable with pursuing a short sale vs. simply walking away because they realize the benefits of a successful short sale on their credit, their family, and the emotional turmoil vs. a foreclosure.

To learn more about what other options you have if you are underwater or soon won’t be able to keep up with your house payments drop me a line.

Uzi Husain, CSSN, REALTOR® North Scottsdale Realtor Luxury Homes by Uzi Scottsdale Short Sales & Relocation