Pat Thomas is a longtime West Valley Arizona Realtor. She also is a trainer for Desert State Realty, which has offices in Glendale and Goodyear.
Below, she responds to questions about the Arizona housing market…
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The number of Arizona home mortgage payment problems fell during the first fiscal quarter, a sign the housing market may be on the rebound.
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State senators are preparing to give final approval this coming week to laws designed to imprison bankers, loan officers and even home buyers who engage in mortgage fraud.
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A consumer-rights group is warning people obtaining Arizona mortgages to read and understand the documents so that they don’t lose their homes.
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Just months after mortgage refinancing on their home of 20 years, Kathy Gram and her husband found themselves in a state of confusion when they stopped receiving home loan payment coupons from their mortgage lender.
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Twelve people, suspected of being part of a sophisticated white-collar crime ring led by an ex-convict, have been indicted involving a home mortgage scam stretching from Arizona to Nevada to California.
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New-home sales jumped nationally in April, surprising many market watchers.
But as Phoenix home loan activity continued to stall, the housing market went the other way in Arizona’s biggest city last month.
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The Arizona housing market is in a state of flux, but East Valley commercial developer Michael Pollack still sees opportunities for investors… if they’re smart and do their homework.
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The standoff between home buyers and sellers in the metropolitan Phoenix housing market could be nearing an end, the Arizona Republic reports.
Tighter lending restrictions that are cutting back subprime loans come at a bad time for the Phoenix housing market.