**Puerto Rico’s GDP Rebounds in 2023** Puerto Rico’s economy saw a resurgence in 2023, with Gross Domestic Product (GDP) growing by 3%, according to recent government data. This marks a reversal from the previous year’s 2% decline and reflects improvements in several key sectors, including manufacturing and services. The positive performance was attributed in part…
A new map highlights which U.S. college towns have the highest home prices, revealing that cities with prominent universities often come with costly real estate markets. According to the report, Palo Alto, California—home to Stanford University—boasts a median home price of $3.1 million, topping the list of most expensive college towns. Other pricey locations include…
Raffling off a house may seem like a creative solution for selling real estate, especially in a challenging market, but it’s far more complicated — and often illegal — than it appears. In many states, including California, raffling a home without complying with strict gambling and charitable solicitation laws can result in hefty fines or…
Arizona real estate investors face evolving zoning, tax, and housing policies requiring close attention to navigate new risks and opportunities.
Arizona’s real estate thrives with booming residential projects, major infrastructure upgrades, and progressive urban planning attracting investors.
Mortgage rates remained steady as of the week of September 16, 2025, with the 30-year fixed mortgage rate holding at 7.61%. This marks a minor fluctuation from last week but continues the broader trend of relatively high interest rates. The 15-year fixed rate also hovered near recent levels, standing at 6.82%, while the average rate…
U.S. retail sales rose by 0.6% in August compared to July, signaling that consumers continue to spend despite economic headwinds, such as higher prices resulting from tariffs. The increase was larger than economists had forecast, with growth seen across categories including autos, electronics, and health stores, even as some sectors experienced price hikes and hiring…
A boomer couple in their early 60s decided to break away from traditional retirement plans by selling their home in Arizona, choosing instead to rent and travel full time. Relying solely on Social Security and a modest nest egg, they found that letting go of homeownership gave them the flexibility to explore new places and…
Arizona’s rental market slows after rapid growth, with rising vacancies and moderate rents, favoring investors who adapt to shifting demand.
Home sales data released for the Prescott area, as reported by the Prescott Area Association of Realtors (PAAR), shows a continued cooling trend in the August 2023 market. Buyers and sellers faced a slower market, with total units sold decreasing 15% compared to last August. Median home prices also saw a slight drop, down 4%…