December 18, 2025
Headlines

2025

Arizona Housing Prices

Mattamy Homes Wins Big: Massive 500,000-Home Community Approved in Buckeye, Arizona Revealing Bold Growth of the Desert Southwest

Jesse01 mins

Mattamy Homes has secured approval to develop a large-scale housing community in Buckeye, Arizona, that will eventually include more than 500,000 homes. The company plans to build the new development across approximately 37,000 acres west of Phoenix, incorporating a mix of housing types alongside public parks, trails, schools, and commercial zones. The long-term project will…

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Mortgage Interest Rates

Mortgage Rates Hover Slightly Higher: What Today’s Slight Rate Shifts Mean for Borrowers and Arizona Investors

Jesse01 mins

Mortgage interest rates have shown slight movement, with the average 30-year fixed rate currently around 7.24%, reflecting a modest increase from earlier this month. Rates for 15-year fixed mortgages hover near 6.67%, while 30-year jumbo loans remain slightly lower at about 7.20%. Fluctuations in rates are influenced by broader economic indicators, including inflation data and…

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Mortgage Interest Rates

Steady Waters: Mortgage Rates Hold Near 7% Amid Evolving Economic Signals

Jesse02 mins

Mortgage interest rates have remained relatively stable this week, following a period of sharp fluctuations earlier this year. As of today, the average rate for a 30-year fixed mortgage holds steady just above 7%, while 15-year fixed rates are slightly lower, hovering around 6.5%. Market watchers are closely monitoring inflation data and Federal Reserve signals…

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South Korea’s Inflation Cools in May: What This Means for Global Markets and Arizona Real Estate Investors

Jesse02 mins

**South Korea’s Inflation Slows in May** South Korea saw its inflation rate slow in May, for the first time in three months. According to data from Statistics Korea, consumer prices rose 2.7 percent on-year in May, compared with a 2.9 percent increase in April. Core inflation, which excludes volatile food and energy prices, also rose…

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Arizona Home Sales

New Home Sales Surge in the U.S. Amid Rising Confidence and Limited Resale Options

Jesse01 mins

New home sales in the United States posted a notable increase, reflecting growing confidence among buyers despite higher mortgage rates and affordability challenges. The latest figures show that lower inventory in the resale market is pushing more people toward new construction homes, and homebuilders are responding by offering incentives and discounts to attract buyers. Analysts…

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Arizona Housing Prices

Frustration Mounts as Phoenix Home Raffle Participants Denied Refunds After Auction Collapses

Jesse01 mins

Hundreds of people who bought tickets for a Phoenix home raffle are expressing frustration after learning they will not be receiving refunds. The raffle, organized by a company called United Way Sweepstakes, promised participants the chance to win a multimillion-dollar home. However, after failing to sell the required number of tickets, the raffle was abruptly…

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