Best Buy of the Week

Arizona room that includes hot tub with 400 square feet not included in tax records, spacious living room, master features own full bath, RV parking, huge backyard, and freshly painted.
3 Bedrooms, 2 Bathrooms, 1700 Square Feet
For more information give us a call!

Open Houses this Weekend
Click here to see the list of open houses this weekend.

Feds OK Wells Fargo-Wachovia merger
Wells Fargo & Co. has the go-ahead from federal antitrust regulators to acquire Wachovia Corp. in a $12 billion deal that will create a combined company with $1.42 trillion in assets, 48 million customers, and community banks in 39 states.

Treasury moves to implement 'rescue'
The Treasury Department is "moving rapidly" to implement a plan to buy up toxic assets from banks and financial institutions, but financial markets continue to be "severely strained" and the plan is not intended to save every bank.

Pending home sales on the rise, West leads pack
The latest read on the housing market reveals unexpectedly good news - particularly in the Western United States.

First-Time Buyer Tax Credit: A Reason to Buy Now
The homeownership tax credit that the federal government created earlier this year is a hard-won tool at your disposal to encourage your customers to jump off the fence and get into the home buying market.

Lower rates stoke mortgage apps
Mortgage application volume grew 2.2 percent last week as borrowers took advantage of lower interest rates, the Mortgage Bankers Association reported today.

Pending sales hit 14-month high
Pending sales of U.S. resale homes rose 8.8 percent in August compared to the same month last year, the National Association of Realtors reported today, rising to the highest level since June 2007.

Fed makes emergency rate cut
In concert with six major central banks, the Federal Reserve today lowered its target for the federal funds rate by 50 basis points in an attempt to prevent further global economic turmoil.

Bank of America Announces Nationwide Homeownership Retention Program for Countrywide Customers
This week, Bank of America announced the creation of a proactive home retention program that will systematically modify troubled mortgages with up to $8.4 billion in interest rate and principal reductions for nearly 400,000 Countrywide Financial Corporation customers nationwide.

Bailout spurs fears worldwide: Plan not enough to calm global markets
The government's $700 billion rescue, aimed at rebuilding economic confidence, appeared to sound a global alarm instead on Monday, triggering a fearful international sell-off as the U.S. began work on a plan that investors feared would be too little and too late to stave off a worldwide recession.

Countrywide loans to be modified: 13,000 mortgage holders in Ariz. eligible for program
Thousands of former Countrywide Financial customers on the brink of foreclosure will be eligible for lower mortgage payments in the coming months, thanks to a settlement agreement.

Fed to buy massive amounts of short-term debt
The Federal Reserve announced Tuesday a radical plan to buy massive amounts of short-term debts in a dramatic effort to break through a credit clog that is imperiling the economy.

Calendar of Events
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