Home sales data released for the Prescott area, as reported by the Prescott Area Association of Realtors (PAAR), shows a continued cooling trend in the August 2023 market. Buyers and sellers faced a slower market, with total units sold decreasing 15% compared to last August. Median home prices also saw a slight drop, down 4%…
Key economic data this week signal steady inflation, stable rates, and strong employment, supporting Arizona real estate’s resilient investment outlook.
The video discusses the ongoing impact of inflation, analyzing how recent changes in monetary policy and supply chain dynamics have influenced prices across a variety of goods and services. It breaks down the main drivers behind current inflation trends, emphasizing how shifts in consumer demand and global events have contributed to rising costs for everyday…
A luxurious mansion in the prestigious Biltmore Estates neighborhood of Phoenix has gone up for sale, listed at a staggering $20 million. The 18,000-square-foot home features six bedrooms, 12 bathrooms, a private movie theater, a wine cellar, a resort-style pool, and sweeping views of Camelback Mountain. With design touches like imported marble and custom woodwork,…
Former President Donald Trump is reportedly considering declaring a national housing emergency if he wins a second term, responding to soaring home prices and a tight housing market that has put homeownership out of reach for many Americans. During a recent roundtable event in Florida, Trump emphasized the growing affordability crisis, noting the strain that…
Arizona’s real estate market stabilizes with rising prices, limited inventory, and steady sales, offering cautious opportunities for investors in 2024.
India’s Consumer Price Index (CPI) inflation increased slightly to 2.07% in August, up from 1.86% recorded in July, according to government data. Despite the overall uptick, food inflation remained in the negative zone at -2.99%, continuing a trend of declining prices for food items. The government is closely monitoring these trends as low inflation offers…
A luxurious estate in Phoenix’s prestigious Biltmore Estates neighborhood recently sold for an impressive $8.2 million, making it one of the largest residential transactions in the area this year. The 11,400-square-foot mansion sits on nearly two acres and boasts six bedrooms, eight bathrooms, an expansive pool, a tennis court, and stunning Camelback Mountain views. Built…
Arizona’s 2024 housing market shows moderate price growth, rising yet tight inventory, steady sales, and evolving investor opportunities amid high rates.
Former President Donald Trump is reportedly considering declaring a national housing emergency if he returns to the White House, citing growing concerns over affordability and supply shortages across the U.S. Housing experts say such a declaration could give the president more authority to direct federal funding toward homebuilding efforts, increase incentives for private developers, and…