Arizona’s real estate thrives on new housing, transit expansion, and planning reforms, creating opportunities amid growing demand and infrastructure upgrades.
Mortgage rates have inched downward to close out the week of October 28, 2025, offering a modest reprieve to prospective homebuyers. The average rate for a 30-year fixed mortgage sits at 7.94%, while 15-year fixed-rate mortgages are averaging 7.23%. Adjustable-rate mortgages, such as the 5/1 ARM, are seeing average rates around 6.84%. Although rates remain…
Arizona’s real estate industry is under scrutiny as experts point out that the state’s requirements for becoming a licensed real estate agent haven’t changed since 1962. Currently, applicants need only a high school diploma or equivalent, pass a background check, and complete a 90-hour pre-licensing course. Critics argue that these minimum standards may be outdated…
Realtor.com has released its annual forecast for the hottest housing markets in the U.S. for 2024, blending projected price growth and sales activity to pinpoint metro areas expected to outperform. Among them, the Midwest and South dominate the list due to their affordability and appeal to younger buyers. Toledo, Ohio, topped the rankings, with average…
Arizona’s rental market shows slower rent growth and rising vacancies but remains balanced with strong demand and opportunities for savvy investors.
Arizona real estate benefits from steady demand, cooling inflation, stable rates, and strong employment, offering cautious investment opportunities in 2024.
Many people are frustrated that policymakers appear more focused on funding high-profile projects like ballrooms and convention centers rather than addressing urgent economic concerns such as inflation. Critics argue that when the cost of living is rising rapidly, government attention and resources should be directed toward policies that actually ease financial pressure on households. In…
Wanting to know the true value of a home, a Yahoo Finance reporter turned to ChatGPT for advice on how much to pay for a house in Phoenix, Arizona. By inputting data like average prices, mortgage rates, and local market trends, ChatGPT produced a step-by-step plan for making an informed offer, including important factors such…
The U.S. housing market continues to show resilience even as affordability challenges persist. According to recent data from real estate brokerage Redfin, the number of major metro areas with year-over-year home price declines dropped slightly from 110 in April 2023 to 105 this year. This shift highlights a subtle cooling of the widespread post-pandemic price…
Arizona’s real estate shows stable prices, tight inventory, and a slight sales rebound, offering cautious opportunities for investors.