Phoenix home prices are seeing gradual growth as the real estate market shifts back toward more typical conditions. According to the Cromford Report, the median sales price for a Phoenix-area home rose modestly in April, signaling a cooling trend compared to the frenzied pandemic-era housing market. Industry experts say the market is becoming more balanced,…
A recent slowdown in international travel is raising concerns among real estate experts about its potential effect on the U.S. housing market, particularly in luxury destinations that have long relied on wealthy overseas buyers. With fewer international visitors touring properties, demand for high-end homes in cities such as New York, Miami, and Los Angeles may…
Phoenix home prices are experiencing modest growth, signaling a return to more balanced conditions in the housing market. According to recent data, the median home price in the Phoenix metro area has risen to approximately $439,900, a 6.4% increase compared to the same period last year. Industry experts say the current trend reflects a stabilization…
Santa Cruz County has successfully recovered $5.9 million stolen by a former county treasurer through an insurance settlement. The recovered funds address losses from a significant embezzlement scheme that came to light in 2022, when ex-treasurer Mary Morales was arrested and charged with theft and misappropriation of public funds. County officials say this recovery represents…
Across the country, home sellers are dropping prices, and Arizona is leading the way. According to Realtor.com, 28% of listings in Arizona saw a price reduction in April, which was significantly above … See the full Housing Inventory article, or, read more Arizona real estate investing news. Up to you! Either way, you’re on your…
Phoenix home prices are experiencing modest growth as the housing market shifts back toward more typical conditions following years of dramatic fluctuations. According to local experts and housing data, prices in the area have risen slightly, signaling a move away from the extremes seen during the pandemic-driven boom and subsequent cooldown. Demand remains steady, but…
Santa Cruz County has successfully recovered $5.9 million that was embezzled by its former treasurer, Mary Ann Fausett, several years after the funds went missing. Fausett, who served as the county treasurer for more than three decades, was arrested in 2019 and later convicted of stealing taxpayer money. County officials said the money was recouped…
By: The United States (US) Bureau of Economic Analysis (BEA) is set to release the Personal Consumption Expenditures (PCE) Price Index data for April … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at 2.1%. The monthly reading was in … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
The Phoenix housing market is beginning to stabilize after years of dramatic fluctuation, with home prices experiencing modest growth. Experts say the market is returning to more normal conditions, with buyers and sellers adjusting to higher mortgage rates and a slower pace of activity. In February, home prices in the Phoenix metro area increased by…