December 19, 2025
Headlines

2025

Top Economist Torsten Slok Issues Stark Alert: Inflation Could Stay High Much Longer Than Expected—What It Means for Arizona Investors

Jesse02 mins

**Top Economist Torsten Slok Warns About Persistent Inflation** Torsten Slok, chief economist at Apollo Global Management, warned that inflation in the U.S. could remain high for much longer than markets and policymakers expect. Despite recent signs of easing, Slok emphasized that persistent pressures from wages, housing, and ongoing fiscal stimulus are likely to keep inflation…

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Mortgage Interest Rates

Mortgage Rates Fluctuate Slightly: What Homebuyers and Investors Need to Know on September 5, 2025

Jesse02 mins

Mortgage rates saw slight fluctuations as of Thursday, September 5, 2025, with the average 30-year fixed-rate mortgage holding steady at 6.96%. Meanwhile, the 15-year fixed-rate mortgage inched up slightly to 6.26%, and the average rate for a 30-year jumbo loan landed at 7.14%. Experts suggest that rates may continue to move in response to upcoming…

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Stephen Miran’s Fed Confirmation Hearing: Key Insights on Inflation, Monetary Policy, and What It Means for Arizona Real Estate Investors

Jesse02 mins

**Stephen Miran’s Fed Confirmation Hearing Overview** Stephen Miran, President Biden’s nominee for the Federal Reserve Board, faced questioning during his Senate confirmation hearing today. Lawmakers probed Miran’s views on inflation, monetary policy, and the Fed’s approach to price stability, raising concerns about central bank independence as the U.S. economy continues grappling with higher-than-expected inflation. Miran…

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Arizona Home Sales

Luxurious Living Redefined: Toll Brothers Unveils The Oaks at Ritz-Carlton in Paradise Valley

Jesse01 mins

Toll Brothers, a leading builder of luxury homes, has announced its newest luxury home community, The Oaks at Ritz-Carlton, in Paradise Valley, Arizona. This exclusive community will feature 51 single-family homes with innovative designs, flexible floor plans, and access to high-end amenities, including pools, parks, and walking trails. The development aims to provide an exceptional…

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Arizona Housing Prices

Portillo’s Stock Dips 40%, Insiders Take Bold Positions: Is the Fast-Casual Favorite Ready for a Comeback?

Jesse01 mins

Portillo’s, a popular fast-casual restaurant chain known for its Chicago-style hot dogs and Italian beef, has seen its stock dip nearly 40% from its 52-week high. Despite the decline, insiders appear bullish on the company’s future, with recent insider buying activity suggesting confidence in a rebound. Executives, including the CEO, have purchased shares on the…

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Mortgage Interest Rates

Mortgage Rates Stabilize Near 7% as Market Reads Federal Reserve Signs—What It Means for Homebuyers and Investors

Jesse02 mins

Mortgage interest rates remained relatively stable at the start of the week, with the average rate for a 30-year fixed mortgage holding at 6.91%, while the 15-year fixed rate hovered near 6.35%. Recent economic data, including inflation reports and labor market trends, have influenced lender behavior as they watch the Federal Reserve closely for signs…

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Arizona Home Sales

Phoenix Luxury Market Shines Bright: $7.4M Estate and Multi-Million Dollar Sales Highlight Region’s Opulence

Jesse01 mins

Metro Phoenix’s luxury housing market saw impressive activity in August, highlighted by the sale of a lavish $7.4 million estate. The property, located in an upscale neighborhood, features amenities such as a resort-style pool, expansive entertaining areas, and stunning city views. In addition to this top sale, several other multimillion-dollar homes changed hands across the…

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