Mortgage And Real Estate News

Monday, November 20, 2017

With help from Bill Gates, Phoenix's growth shifting to far west

More than 300,000 new homes are planned on the far western edge of metro Phoenix, including in Belmont where billionaire Bill Gates has recently invested.

Read more... https://www.azcentral.com/story/money/real-estate/catherine-reagor/2017/11/17/metro-phoenix-growth-shifting-far-west-bill-gates/867873001/

Cool homes: Celebrate revival on Historic Roosevelt Neighborhood tour

Everybody loves a good makeover, right?

So get ready: Some of the most satisfying makeovers in Phoenix will be on display at the annual Historic Roosevelt Neighborhood home tour on Sunday, Nov. 19 — including the neighborhood itself.

Read more... https://www.azcentral.com/story/money/real-estate/cool-home/2017/11/14/cool-homes-celebrate-revival-historic-roosevelt-neighborhood-tour/827394001/

Sunday, November 12, 2017

Case-Shiller: U.S. home prices rose in August even as sales slipped

WASHINGTON — U.S. home prices rose sharply in August from a year ago, a trend that is thwarting many would-be buyers and potentially slowing sales.

Trump tax plan draws ire, but may boost metro Phoenix's housing market

President Donald Trump's proposed tax overhaul has raised protests from national home-builder and Realtor groups that believe it will slow home sales and harm housing markets.

Read more http://www.azcentral.com/story/money/real-estate/catherine-reagor/2017/11/09/trump-tax-reform-plan-may-boost-metro-phoenix-housing-market/845342001/

Wednesday, November 8, 2017

FHA losing customers rapidly as premiums spur refinancing

WASHINGTON — The Federal Housing Administration's financial health is benefiting from continued reductions in delinquencies and foreclosures, but the FHA is also losing some of its best customers at a fast clip.

Read more... https://www.nationalmortgagenews.com/news/fha-losing-customers-rapidly-as-premiums-spur-refinancing

Bill Gates makes $80 million land deal in far West Valley

One of the richest men in the world is about to make a big impression on Arizona. Bill Gates, the second richest man in the world behind amazon.com founder and CEO Jeff Bezos, paid almost $80 million for a huge chunk of property in the far West Valley, according to a report from Business & Real Estate Weekly of Arizona.

Read more... https://azbigmedia.com/bill-gates-makes-80-million-land-deal-in-far-west-valley/

Monday, November 6, 2017

OfferPad, loanDepot partner on Scottsdale-based home loan company

Gilbert-based real estate technology company OfferPad has partnered with loanDepot to launch a home loan company to make it easier for customers to buy and sell a home online.

Read more... https://www.bizjournals.com/phoenix/news/2017/11/05/offerpad-loandepot-partner-on-scottsdale-based.html
Best,
Lillian Wong
Sr. Loan Officer NMLS 630337
Fairway Independent Mortgage
9308 E Raintree Drive
Scottsdale AZ 85260
480.650.5412
www.lillianwong.net
lillian.wong@fairwaymc.com

Reuters: Business News

National Commercial Real Estate News From CoStar Group

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