Wanting to know the true value of a home, a Yahoo Finance reporter turned to ChatGPT for advice on how much to pay for a house in Phoenix, Arizona. By inputting data like average prices, mortgage rates, and local market trends, ChatGPT produced a step-by-step plan for making an informed offer, including important factors such…
The U.S. housing market continues to show resilience even as affordability challenges persist. According to recent data from real estate brokerage Redfin, the number of major metro areas with year-over-year home price declines dropped slightly from 110 in April 2023 to 105 this year. This shift highlights a subtle cooling of the widespread post-pandemic price…
Arizona’s real estate shows stable prices, tight inventory, and a slight sales rebound, offering cautious opportunities for investors.
Mortgage interest rates remain a critical focus ahead of the Federal Reserve’s October meeting. While the Fed doesn’t directly set mortgage rates, its decisions on the federal funds rate have a significant influence on long-term lending products like mortgages. In recent months, as inflation pressures persist and the economy shows resilience, financial markets have speculated…
Arizona real estate investors gain from AI, blockchain, and smart analytics speeding searches, transactions, and market insights amid rapid growth.
**U.S. Inflation Slows in September** U.S. inflation reached 3% in September, according to new data released by the Labor Department. This increase is lower than many economists had predicted, signaling that price hikes are easing after months of steep increases affecting food, gas, and housing. While the rate is still above the Federal Reserve’s 2%…
Mortgage refinance rates experienced subtle shifts as of October 24, with the average 30-year fixed refinance rate rising slightly to 7.78%, while the 15-year fixed refinance rate remained level at 7.03%. Rates for 30-year jumbo loan refinancing also dipped marginally to 7.78%. These numbers reflect ongoing uncertainty in the broader economy, influenced by inflation concerns…
**Social Position and Nutritional Status in Burkina Faso** A recent study examined the relationship between social position and nutritional status among adults in Burkina Faso, using data from the 2014 Demographic and Health Survey. Researchers utilized a composite measure of social position, including factors like education, occupation, and household wealth, to evaluate how social inequality…
Arizona’s real estate market has shown resilience in 2024, even with higher mortgage rates impacting affordability for many buyers. While prices have moderated in some areas, demand remains steady due to continued population growth and limited housing supply. Market experts note that buyers now have more negotiating power than during the peak frenzy, and some…
Zillow has updated its home price forecast, predicting a stronger U.S. housing market through 2026. The upgrade affects 400 markets across the country, with expectations that home values will rise at a faster pace than previously anticipated. Factors such as limited housing supply and steady demand are contributing to the more optimistic outlook. Some regional…