What Rising Mortgage Rates Mean for Phoenix Home Buyers
The rock bottom interest rates that were a welcome reality over the last few years are now gone. As a result of inflation, everything costs more these days, including mortgage loans, which have risen dramatically. For the first time since the financial crisis in 2008, average mortgage rates are higher than 5%. The Fed is […]
Best Places to Find Affordable Homes in Phoenix
Phoenix has long been recognized as the place to go if you want to buy a house at a reasonable price. With year-round sunshine, stunning desert landscapes, vibrant southwestern culture, and cuisine, the Phoenix metroplex is one of the most sought-after cities in America for relocation. Many Phoenix neighborhoods offer inexpensive housing and strong employment […]
Spotlight on the Luxury Housing Market in Phoenix
Luxury homes are selling at incredible prices all over the country. The latest Case-Shiller Home Price Index shows a 19% year-over-year jump in the 20 cities measured (including Phoenix), representing the fourth largest gain on record. Phoenix continues to make real estate headlines, but this time the luxury market in our city is the center […]