Jesse

Arizona Home Sales

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

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

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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Mortgage Interest Rates

Mortgage Rates Held Steady as 30-Year Fix Remains at 7.60%, While 15-Year Rises Slightly Amid Persistent Inflation Concerns

Mortgage rates showed mixed movement as of September 22, with 30-year fixed-rate mortgages holding steady at 7.60%, marking no change from the previous day. However, 15-year fixed-rate mortgages rose slightly to 6.81%, up by 7 basis points. These increases come as the Federal Reserve signaled a more prolonged period of elevated interest rates to combat…

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Arizona Home Sales

Pinnacle West Capital: Seizing the “Buy the Dip” Opportunity Amid Arizona’s Growth and Stable Dividends

Pinnacle West Capital, primarily known as the parent company of Arizona Public Service, has recently seen its stock price experience a notable dip. Despite concerns over regulatory challenges and short-term headwinds, the company’s steady dividend yield and long-term growth potential make it an intriguing opportunity for income-focused investors. The region’s expanding population and ongoing economic…

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Arizona Housing Prices

Arizona Real Estate Boom: Surging Home Prices Defy Economic Trends Amid High Demand and Limited Supply

Arizona’s real estate market has been experiencing a resurgence, with home prices climbing steadily despite broader economic concerns. A combination of limited housing inventory and continued demand from both in-state buyers and people relocating from higher-cost regions has led to upward pressure on prices. Cities like Phoenix and Tucson are seeing notable upticks, with some…

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Silver Prices Set to Swing This Week: Fed’s Inflation Decision Holds the Key for Metals and Arizona Real Estate Investors

Silver prices are expected to be highly influenced this week by the Federal Reserve’s upcoming decision regarding inflation. Market participants are watching closely for new data and commentary from the Fed, with the core PCE index likely to play a pivotal role in shaping expectations. If inflation remains persistent, it could prompt the Fed to…

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