The Arizona Association of Realtors released a new Residential Resale Real Estate Purchase Contract on February 1st, 2017. While the new contract includes some welcome changes, one requires that buyers adopt a heightened level of awareness when making one of the most expensive investments of their lives. This change relates … [Read more...]
How to Prevent a Housing Affordability Crisis
The American Enterprise Institute recently reported that the risk of mortgage defaults under stressful economic conditions hit an all-time high in April. Their research indicates that almost 12% of all mortgages could be at risk of default in the event of another economic downturn. When we look at the type of loan issued, 25.12% … [Read more...]
