Arizona’s growing population drives major residential, transit, and infrastructure projects, offering diverse real estate investment opportunities statewide.
Mortgage rates moved higher across several key loan terms, according to data reported Monday, reflecting continued market volatility and lender reaction to economic indicators. The average rate on a 30-year fixed mortgage rose slightly to 7.59%, while the 15-year fixed rate climbed to 6.86%. Adjustable-rate mortgages (ARMs) also experienced minor upticks, with the 5/1 ARM…
Several notable real estate deals have recently closed in the Rock Hill region, highlighted by the $3 million sale of a luxury home in York County. The area also saw the transaction of a property slated to become a future museum site, reflecting the diversity and activity in the local housing and commercial markets. Both…
Former President Donald Trump is reportedly weighing the potential declaration of a national housing emergency if re-elected in 2024, aiming to address the rising cost of homeownership and rental prices across the country. His campaign suggests he may utilize federal authority to boost housing construction and remove what it calls “unnecessary” zoning laws to increase…
Arizona’s rental market cools with slower rent growth and rising vacancies, yet demand and investment opportunities remain steady.
Arizona real estate faces tight inventory, high rates, steady demand from in-migration, and inflation pressures impacting affordability and rents.
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Former President Donald Trump is reportedly considering declaring a national housing emergency if re-elected, amid growing concerns about housing affordability across the U.S. The move could potentially allow a future Trump administration to redirect federal resources, limit the influence of large institutional investors in the housing market, and boost housing development. Housing advocates and political…
Arizona’s real estate cools with modest price gains, rising inventory, slower sales, and strong rental demand shaping investor opportunities.
Mortgage rates have dropped to their lowest point in nearly a year, offering a possible opening for prospective homebuyers and homeowners looking to refinance. According to Freddie Mac, the average 30-year fixed mortgage dipped to 6.63%, the lowest since May 2023. Analysts attribute this decline to recent economic data indicating cooling inflation and a stabilizing…