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Monthly Archives: November 2016

Kitchen Features Buyers Will Pay More For

A great kitchen can help you sell a home, and real estate professionals are making sure to spotlight it in their marketing. Of all the homes listed for sale on realtor.com®, 69 percent of the listing descriptions highlight the kitchen as a selling point. Forty-nine percent mentioned the bedrooms and […]

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Phoenix Rental Market Report for October 2016

Phoenix Rental Market Report for October 2016 RENT Check™ is the ARMLS® monthly publication which examines the Phoenix residential rental market. RENT Check also features the RENT Check Quotient™ (RCQ) which compares leasing activity to sales. Also included in RENT Check is a heat map of active single family lease […]

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Conforming Mortgage Limits Rise for 2017

The federal government is increasing the limit for conforming mortgages from $417,000 to $424,100 in most regions of the United States starting Jan. 1, 2017, the Federal Housing Finance Agency announced Wednesday—the first such increase since 2006. The approximately 1.7 percent bump in the baseline conforming loan limit follows the […]

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Uncertainty Over the Election Moves Rates Up

Average fixed-rate mortgages edged higher this week, but forecasters are unsure if the rising rates may be a temporary blip or a more lasting one. “This week’s survey reflects pre-election market conditions,” says Sean Becketti, Freddie Mac’s chief economist. “As a result, the 30-year mortgage rate increased to 3.57 percent, […]

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