by admin | Dec 6, 2025 | News
The Greater Phoenix multifamily market showed steady growth in Q3 2025 with occupancy rising to 93.5% despite a record 6,018 new units delivered. Key submarkets like North Scottsdale and Tempe absorbed supply well. Investment sales hit $3.2 billion year-to-date,...
by admin | Dec 5, 2025 | News
A mortgage payment consists of four main components: principal, interest, taxes, and insurance (PITI). The principal is the loan amount, while interest is the cost of borrowing. Property taxes and homeowners insurance are typically managed through an escrow account....
by admin | Dec 4, 2025 | News
The avg US homeowner now pays ~$16K/yr in hidden homeownership costs, including maintenance, insurance, and property taxes. These hidden costs are rising faster than household incomes, 4.7% vs. 3.8% over the past year. Phoenix homeowners pay ~$13.4K/yr in hidden...
by admin | Dec 2, 2025 | News
Obtaining the lowest mortgage interest rate is crucial for prospective homeowners, as lower rates lead to reduced monthly payments. However, advertised rates may not be available by the time of closing due to daily fluctuations. A mortgage rate lock guarantees a...
by admin | Dec 1, 2025 | News
Continued inbound migration fuels strong suburban buying activity. New listings climb, moderating previous supply shortages. Median prices remain elevated across outer suburbs. Days-on-market shorten for competitively priced homes. Outlook: ↑3–5% expected if migration...
by admin | Nov 30, 2025 | News
Paying off your mortgage early can save money on interest and allow for better financial focus, such as retirement savings or emergency funds. However, it's crucial not to compromise other financial needs. Early payoff may also mean losing mortgage interest tax...
