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Special Anti-Deficiency Update for Arizona

This just in from an email I received from the Arizona Association of REALTORS:

“The House of Representatives passed SB 1004, the anti-deficiency fix, early this afternoon with a vote of 53-0. SB 1004 included the repeal and replacement of ARS§ 33-814 essentially returning the statute to its original status prior to the passage of SB [...]

HVCC/H.R. 3044 Call to action: more co-sponsors needed

I received this email today, which I believe you all should take action with if you agree:

URGENT HVCC UPDATE:Thanks for signing our petition.  HVCC Continues to devastate home values across the US.  We fear that with higher Fannie and Freddie loan limits it will carry through to our former “jumbo” markets, leading the country even [...]

New Home Sales: Really good news

Nationally, Sales of newly constructed single family homes rose 11% over May, but the median price fell 3%.
Sales of newly constructed single-family homes spiked 11% in June to an annualized rate of 384,000 homes, according to a report released Monday.

Check out this article over at CNNMoney.com by Les Christie.

Yes, the media is actually saying something [...]

SB 1271 – Anti-Deficiency Legislation Update and More

Reprinted from an Email Blast sent to members of the Arizona Association of REALTORS®

from an Email Article By Tom Farley, CEO
Arizona Association of REALTORS®   Read the FULL article at  http://www.rallinow.com/issues/show/60

Request for the Governor’s Assistance

On Friday, the Arizona Association of REALTORS® (AAR) had a preliminary conversation with Governor Brewer’s staff regarding the impacts of SB 1271 and [...]