News Bites for Busy Moms



North Valley Moms Blog - New Bites for Busy Moms

New Rules for Short Sale Borrowers

A big change is coming to Fannie Mae mortgages. It affects homeowners who’ve had a short sale in the past. Starting August 16th, borrowers will have to wait 4 years for conventional financing, but they can get the loan with just 5% down. Right now, guidelines state that a homeowner can buy a home after 2 years with conventional financing as long as they have 20% down and after 4 years with 10% down. So starting in just a few weeks, homeowners with short sales in their past will have to wait longer to buy a home, but they won’t need as much money for a down payment. Phoenix was one of the hardest hit cities when the housing market fell. According to a new report, the city’s homeownership rate fell nearly 8% from 2000 to 2012.

Phoenix’s Super Hot Future

If you think Arizona summers are hot now… just wait until the year 2100. According to Climate Central, by that time the daily temperatures will hit 114 degrees… in the shade! Right now, we average about 104 degrees daily.

Family Outing: Christmas in July 

If you’re looking for something fun to do this coming weekend with your family, you should head on over to Glendale for its annual Christmas in July Celebration. On Saturday, July 19th from 10am-4pm you can stroll through historic downtown and enjoy vendors, crafts and Santa Claus! The jolly old elf is braving the Arizona heat and will be available for pictures between 10am and 2pm. Admission and parking are free. I’ve been to Glendale Glitters the past couple of years and had the best time. The city makes it so easy to park and go. You’ll likely see workers hanging up Christmas lights this Saturday. From now until December, the city hangs 1.5 million lights for the holiday celebration.

One more thing, if you have a couple of extra cans of food in your pantry, bring them along. Glendale is collecting for the Hope for Hunger Food Bank. The center opened in 2012 and has fed 17,000 families in Glendale, Peoria and Phoenix. Here’s a great way to give back and get your children involved. Have a wonderful week!


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The last few years have brought big changes for Emily. After spending years in high-stress, deadline-driven TV jobs in East Coast metros, family circumstances brought her and her husband Joel to the Arizona desert. Now this former news junkie is a stay-at-home mom to Miles, a fast-talking toddler with energy to spare. She spends her days teaching him about faith, letters, numbers and manners. Whenever he’s asleep she boots up the laptop to write for North Phoenix Moms Blog and other freelance gigs. Whatever spare time she has left is spent on a hike with her family or a rare date night with Joel, at the gym, coffee and dinner with friends, or in her craft room creating simple, beautiful jewelry for her online boutique, Hazel & May, and giving too many treats to her pups, Pepper and Gizmo.



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