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From Freddie Mac (7/21/2022): “The housing market remains sluggish as mortgage rates inch up for a second consecutive week. Consumer concerns about rising rates, inflation, and a potential…
Phoenix Housing Market Report for July 2022 (Source: ARMLS) The Phoenix Housing Market report provides a timely view of what is happening in the residential market in the…
Phoenix Rental Market Report for July 2022 (Source: ARMLS) RENT Check is the ARMLS® monthly publication that examines the Valley’s current residential single-family rental market. RENT Check also…
From Freddie Mac (7/14/2022): “Mortgage rates are volatile as economic growth slows due to fiscal and monetary drags. With rates the highest in over a decade, home prices…
Good morning: And that’s great news for YOU!!! Homebuilders are adding quick move-in homes daily because Buyers who qualified for homes in October can no longer qualify for…
PHOENIX HOMEBUYERS: WHY ARE YOU STILL USING ZILLOW TO SEARCH FOR PROPERTIES? Searching for properties that have already sold is the biggest gripe I get from clients. How…
From Freddie Mac (7/7/2022): “Over the last two weeks, the 30-year fixed-rate mortgage dropped by half a percent, as concerns about a potential recession continue to rise. While…
Phoenicians: Shouldn’t you be at your vacation getaway in the High country this weekend? Check out my latest listing: 91 N PONDEROSA CIR, Payson, AZ 85541 What’s Your…
From Freddie Mac (6/30/2022): “The rapid rise in mortgage rates has finally paused, largely due to the countervailing forces of high inflation and the increasing possibility of an…
Good morning: And that’s great news for YOU!!! Homebuilders are adding quick move-in homes daily because people Buyers who qualified for homes in October can no longer qualify…
From Freddie Mac (6/23/2022): “Fixed mortgage rates have increased by more than two full percentage points since the beginning of the year. The combination of rising rates and…
ARIZONA HOMEOWNERS: PEAK PRICING HAS ARRIVED. TAKE THE MONEY AND RUN!!! Here’s the reality: Fixed-rate mortgages will be in the 7s by the end of the year, if…
Phoenix Housing Market Report for June 2022 (Source: ARMLS) The Phoenix Housing Market report provides a timely view of what is happening in the residential market in the…
Phoenix Rental Market Report for June 2022 (Source: ARMLS) RENT Check is the ARMLS® monthly publication that examines the Valley’s current residential single-family rental market. RENT Check also…
From Freddie Mac (6/16/2022): “Mortgage rates surged as the 30-year fixed-rate mortgage moved up more than half a percentage point, marking the largest one-week increase in our survey…
A Gated Community Oasis in the Desert near shopping, dining, sports, and entertainment! This property offers a fully remodeled kitchen, beautiful upgrades, and a stunning backyard! Kitchen features…
US credit card debt and annual percentage rates are near all-time highs. Inflation hit a 40-year high (again) in May. Meanwhile, the personal savings rate in the US…
From Freddie Mac (6/9/2022): “After little movement the last few weeks, mortgage rates rose again on the back of increased economic activity and incoming inflation data. The housing…