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Homebuyers Return Despite Higher Mortgage Rates

Homebuyers Return Despite Higher Mortgage Rates

Purchase mortgage applications ↑4% from the prior period and ↑7% yearly, showing buyers re-engaging despite higher borrowing costs across major loan types. Total mortgage application volume ↑~2% for the May 8 period, while 30-yr fixed rates reached the mid-6% range,...

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Arizona Housing Gap Has Deeper Roots

Arizona Housing Gap Has Deeper Roots

Slide 1 Everyone blames short-term rentals for Arizona's housing crisis… but the real story? Way deeper, way messier. Slide 2 Since 2010, Arizona added 57K short-term listings but lost 55K vacation homes—basically a swap, not a takeover. Slide 3 The real culprit:...

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Phoenix Buyers: Plan for HOA Fees

Phoenix Buyers: Plan for HOA Fees

In Phoenix, HOA dues can shape long-term affordability alongside purchase price and mortgage rates, especially because they are less predictable than fixed payments. HOA boards can usually raise dues without every resident voting, so buyers should understand...

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Is Phoenix, AZ Still a Good Place to Buy a Home in 2026?

Is Phoenix, AZ Still a Good Place to Buy a Home in 2026?

Phoenix's real estate market has stabilized after post-pandemic volatility, with 8,008 active listings and a median price of $475,000. Homes take about 73 days to sell, reflecting a shift toward a balanced market favoring patient buyers and realistic sellers....

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