by admin | Mar 26, 2026 | News
Mortgage rates rose to about 6.13% for a 30-year fixed loan, climbing above 6% after briefly dropping below that level, reflecting early market reactions to the conflict. Higher oil prices and disrupted trade routes could push inflation up, which may keep mortgage...
by admin | Mar 25, 2026 | News
Days on market: Phoenix median is 76 days vs. 66 nationally. Two-week sales: 23.8% of Phoenix homes sell in 14 days vs. 28.6% nationally. Median price: Phoenix sits at ~$459K vs. ~$423K nationally. Sale-to-list ratio: Phoenix averages 97.7% vs. 97.9% nationally. Price...
by admin | Mar 24, 2026 | News
Phoenix's office market ended 2025 strong, with the highest net absorption since 2019 at 531,893 sq ft, declining vacancy, rising Class A rents, and reduced inventory from conversions. Office sales hit $1.56 billion for the year, the highest since 2022....
by admin | Mar 23, 2026 | News
High-end homes sell briskly, hitting record prices, often driven by buyers less constrained by financing. Entry-level and mid-tier homes linger longer, with more price cuts and fewer multiple-offer situations than years ago. Rising interest rates reduced demand, yet...
by admin | Mar 22, 2026 | News
Paying off a mortgage early may reduce total interest paid over time and can change your overall financial picture. Common approaches people consider include refinancing into a shorter term, making an extra payment in some years, setting aside funds for additional...
by admin | Mar 21, 2026 | News
The U.S. faces a housing shortage of 2.5 to 5.5 million units, driving affordability issues despite higher interest rates. New home construction varies across metros, with some areas like Raleigh-Cary, NC, and Austin-Round Rock, TX, leading in new housing units...
