by admin | May 10, 2026 | News
U.S. home prices have remained high for over two years due to inflation and low inventory but are now growing more slowly as demand cools and sellers offer discounts. In Phoenix, the median sale price is $465,000, down 1.5% year-over-year but up 1.2% month-over-month,...
by admin | May 9, 2026 | News
Two Arizona ZIP codes rank among the top 10 hottest in the U.S. for movers based on moves per capita. Surprise (85387) ranks 5th with 8.8 moves per capita, driven by new communities and affordable prices. Phoenix's Desert Ridge area (85054) ranks 9th with 7.5...
by admin | May 8, 2026 | News
Contract signings for existing homes rose 1.5% in March despite higher mortgage rates, showing strong buyer demand. Pending sales are down 1.1% year-over-year, with the Northeast and South seeing gains while the Midwest and West declined. The South led growth with a...
by admin | May 7, 2026 | News
On March 10, 2026, the housing bill passed the Senate and returned to the House, highlighting bipartisan national focus on homeownership and tougher investor limits. A newly added section would bar large institutional investors owning >350 single-family homes from...
by admin | May 6, 2026 | News
The US housing market stayed subdued as Treasury yields whipsawed and mortgage rates climbed, with conflict-driven uncertainty and higher oil prices keeping many buyers cautious. The conflict, which began in Late-Q1, had already hurt the national housing outlook....
by admin | May 4, 2026 | News
FHA mortgages were positioned for first-time buyers and borrowers facing credit challenges, with tools that compared local lender rates using basic loan details only. These loans were insured by a federal agency, helping lenders accept broader credit profiles while...
