This is a good sign. The most important piece is that they are going to do principal reductions. Its the main cause for homeowners defaulting at the moment. If your house is way underwater people are choosing to walk away. http://www.bizjournals.com/phoen

http://www.bizjournals.com/phoenix/news/2010/12/21/wells-fargo-to-settle-pick...

What lender is next to this list? Chase? After talking to clients I hear more and more that the banks are claiming to working on their loan mod. and then turn quickly to say they are going to foreclose. Its not right. http://www.bizjournals.com/phoenix/mo

http://www.bizjournals.com/phoenix/morning_call/2010/12/arizona-nevada-sue-bo...

It's all about getting throught the inventories...good article. http://www.marketwatch.com/story/more-foreclosures-home-price-drops-on-tap-in-2011-2010-12-13?siteid=nwhpf

http://www.marketwatch.com/story/more-foreclosures-home-price-drops-on-tap-in...

These numbers are just really hard to fathom but ugly needless to say! .......http://www.bizjournals.com/phoenix/news/2010/12/09/Zillow-us-home-values.html?ed=2010-12-09&s=article_du&ana=e_du_pub

http://www.bizjournals.com/phoenix/news/2010/12/09/Zillow-us-home-values.html...

Hiring 1-2 new real estate advisors. If you know of any honest and capable agents looking to grow with a respected boutique real estate brokerage, please have them contact me. Tri West has crafted a lead generation system and is searching for eager and re

Hiring 1-2 new real estate advisors. If you know of any honest and capable agents looking to grow with a respected boutique real estate brokerage, please have them contact me. Tri West has crafted a lead generation system and is searching for eager and responsible agents to follow up with these opportunities. Thanks, Brian

Have you wondered what the term "shadow inventory" is all about? This is a pretty good article about some of the markets that may be affected by this. http://moneywatch.bnet.com/economic-news/blog/daily-money/the-5-most-ominous-real-estate-markets-in-the-

http://moneywatch.bnet.com/economic-news/blog/daily-money/the-5-most-ominous-real-estate-markets-in-the-us/1703/

McMansion's are out....I totally agree with this. I think the builders agree too. I have found that the home builders are definitely bringing more "functional" floorplans to our community. http://www.marketwatch.com/video/asset/say-goodbye-to-the-mcmansio

http://www.marketwatch.com/video/asset/say-goodbye-to-the-mcmansion-2010-01-29/9C3BB6B8-8774-4629-B291-172F35F34D3A#!9C3BB6B8-8774-4629-B291-172F35F34D3A

This is important to our market, as it shows we are moving through the majority of our "back" inventory. The only way we can recover is when we have moved through our massive inventory of homes (which have been REO's and Short Sale's). The last few years

http://www.bizjournals.com/phoenix/news/2010/11/22/phoenix-30th-shadow-inventory-of-homes.html?ed=2010-11-22&s=article_du&ana=e_du_pub

Rates are still incredible..... http://www.marketwatch.com/story/fixed-rate-mortgages-hit-new-record-lows-2010-11-11?siteid=nwhpf

http://www.marketwatch.com/story/fixed-rate-mortgages-hit-new-record-lows-2010-11-11?siteid=nwhpf

Again, the brutal reality of our market. It will continue but it is a great time to buy! http://www.bizjournals.com/phoenix/news/2010/10/28/q3-foreclosures-up-in-65-of-country.html?surround=etf&ana=e_article

http://www.bizjournals.com/phoenix/news/2010/10/28/q3-foreclosures-up-in-65-of-country.html?surround=etf&ana=e_article