**US Consumer Prices Rise More Than Expected in August** U.S. consumer prices saw a larger-than-anticipated increase in August, according to the latest data from the Labor Department. The Consumer Price Index (CPI) rose 0.6% last month, the biggest monthly gain in over a year, largely driven by higher gasoline costs. On an annual basis, prices…
Lake Havasu City, Arizona, is gaining attention as a prime retirement destination, offering a winning combination of affordability, scenic beauty, and year-round sunshine. With its picturesque location along Lake Havasu and the Colorado River, retirees can enjoy stunning waterfront views, abundant recreational activities like boating and fishing, and easy access to hiking trails and golf…
Former President Donald Trump is reportedly considering declaring a national housing emergency if he is re-elected in 2024, a move that could allow the federal government to take more aggressive action to address housing affordability. Though it’s unclear what such a declaration would entail legally, Trump campaign advisors have floated ideas like using federal land…
Arizona’s 2024 real estate sees new laws on rentals, zoning, taxes, and development amid growth and affordability challenges.
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.