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February 2010
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02/15/10
‘Walking away’ comes with drawbacks
Filed under: General, Mortgages
Posted by: Lillian Wong @ 1:35 pm

Hold it or fold it?

It’s one thing to throw back lousy cards in a poker game and quite another to walk away from a money-losing home that you can still afford.

Yet, more people are doing just that as they find themselves “underwater,” with mortgage debts that exceed the worth of their properties.   more…


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Maricopa County property values drop for 3rd straight year
Filed under: General, Real Estate
Posted by: Lillian Wong @ 1:06 pm

Maricopa County homeowners will begin to receive their latest property valuations in the mail today. Most will see a third straight annual drop in home values.

Residential property values fell an average of 15.2 percent in 2009, according to the latest report from the Maricopa County Assessor’s Office.  more…



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