by admin | Sep 11, 2025 | News
Home prices are projected to ↑ 19.8% cumulatively by the end of 2029. Top experts predict up to ↑ 31.0% total growth, while the most cautious expect only ↑ 8.3%. The avg expected annual growth rate through 2029 is ↑ 3.7%, down from recent post-pandemic highs. High...
by admin | Sep 10, 2025 | News
Closing costs usually amount to 3% to 6% of the mortgage. For example, a $450K mortgage could mean ~$13K to $27K in closing fees. In Arizona, homebuyers pay an avg of $4,701 in closing costs. The avg transfer taxes in Arizona are $0, so no transfer tax is applied....
by admin | Sep 8, 2025 | News
Home sales are expected to rebound if mortgage rates drop below 6.5%, unlocking delayed buyer demand. Home prices are forecasted to rise moderately by ↑ 4.4% by end-2025 due to persistent supply shortages
by admin | Sep 7, 2025 | News
The price-to-rent ratio helps determine if buying or renting is more affordable in a city by dividing median home price by annual rent. Ratios below 18 favor buying; above 18 favor renting. Cities like San Jose (45) and San Francisco (36) have high ratios, making...
by admin | Sep 6, 2025 | News
June home sales data in Phoenix show sellers gaining an advantage, with median prices rising in Ahwatukee ZIP codes 85044 and 85048 by 4.3% and 6.9% year-over-year. Inventory increased significantly, and pending sales dropped. The Phoenix market remains steady at a...
