Arizona Real Estate Market in Flux: Key 2024 Policy Shifts Redefining Investment Opportunities
Arizona’s evolving zoning, tax, and water policies are reshaping real estate, demanding investors adapt to new opportunities and regulations.
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Arizona Residential Development Update: Major Master-Planned Communities, Infrastructure Advances, and Rising Investment Trends Shape 2024 Market
Arizona sees major residential projects, transit upgrades, and urban growth fueling strong real estate opportunities amid infrastructure and planning initiatives.
Mortgage Rates Stabilize Near 7% as Market Reads Federal Reserve Signs—What It Means for Homebuyers and Investors
Mortgage interest rates remained relatively stable at the start of the week, with the average rate for a 30-year fixed mortgage holding at 6.91%, while the 15-year fixed rate hovered near 6.35%. Recent economic data, including inflation reports and labor market trends, have influenced lender behavior as they watch the Federal Reserve closely for signs…
Phoenix Luxury Market Shines Bright: $7.4M Estate and Multi-Million Dollar Sales Highlight Region’s Opulence
Metro Phoenix’s luxury housing market saw impressive activity in August, highlighted by the sale of a lavish $7.4 million estate. The property, located in an upscale neighborhood, features amenities such as a resort-style pool, expansive entertaining areas, and stunning city views. In addition to this top sale, several other multimillion-dollar homes changed hands across the…
Breaking Through: Homebuyers Gain New Hope in 6 U.S. Cities with Rising Wages and Stabilizing Prices
Homebuyers are finally catching a break in certain parts of the U.S., as housing affordability improves in six metro areas where wages are rising and home prices are stabilizing or even falling. According to a recent report from real estate brokerage Redfin, these cities — including Phoenix, Austin, and Las Vegas — are seeing a…
Arizona Rental Market Update: Slowing Rent Growth, Rising Vacancies, and Emerging Opportunities — Insights by Jesse Fisher
Arizona rents stabilize with rising vacancies; demand stays strong in affordable segments amid new supply and shifting renter preferences.
By Jesse Fisher: What This Week’s Key Economic Data Mean for Arizona Real Estate Investors
Recent data show eased inflation, steady jobs, and rising confidence, suggesting moderate growth and strong opportunity in Arizona real estate.
Turkey’s Economy on the Edge: Key GDP & Inflation Data to Reveal Growth vs. Price Stability Battle
Turkey’s economy is entering a week focused on the release of key economic indicators, including gross domestic product (GDP) and inflation data. Market participants are closely monitoring these figures to gauge the country’s economic momentum, especially as policymakers strive to balance growth with price stability. The upcoming data is expected to offer insights into how…
Phoenix Home Prices to Drop 3% in 2024, Goldman Sachs Forecast Cites Rising Mortgage Rates and Buyer Hesitation
Phoenix home prices are expected to decline in the coming months, according to a recent forecast by Goldman Sachs. The financial firm predicts a roughly 3% drop in the Valley’s median home prices during the rest of 2024, citing high mortgage rates and decreased buyer activity as the main drivers. While the market has seen…
Homes in U.S. Cities See Boost in Buying Power: Phoenix, Austin, and Vegas Lead the Market Recovery
Homebuyers in several U.S. cities are seeing a boost in purchasing power, thanks to recent declines in mortgage rates and home prices stabilizing in some markets. According to new data, cities such as Phoenix, Las Vegas, and Austin are experiencing conditions where price drops and wage growth have made homes slightly more affordable. For example,…