A Phoenix Real Estate Blog
Phoenix Rental Market report for July 2015 RENT Check is the ARMLS® monthly publication which examines the Valley’s current residential single family leasing market.RENT Check also features the RENT Check Quotient™(RCQ) which compares leasing activity to sales. What’s the RENT Check ? Quotient (RCQ)? It is the ratio of closed rentals […]
From ARMLS: The Phoenix housing market report provides a timely view of what is happening in the residential market in the Valley. Unlike statistics compiled by other entities, it does not rely on data from third-parties delivered 30 to 90 days late. This report looks at sales and active inventory, […]
For the third consecutive week, averaged fixed mortgage rates edged down as uncertainty about the economy continued to push Treasury yields lower, Freddie Mac reports in its weekly mortgage market survey. The 30-year fixed-rate mortgage dropped 7 basis points this week to 3.91 percent, its lowest average since June 4. […]
Freddie Mac’s new mortgage product that allows borrowers to put down just 3 percent is off to a strong start, says Freddie Mac’s Chief Executive Donald Layton. Layton wouldn’t provide specific numbers on the 3 percent loan performance, but he reported that the mortgage giant netted a $4.2 billion total […]
The U.S. housing market may be finding more balance, according to a new report from realtor.com®. For the first three weeks in July, the median list price rose to $234,000 nationwide, up 7 percent year-over-year, while inventories of for-sale homes rose and the median days on the market increased to […]