By WASHINGTON — A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year.Friday’s report from the Commerce Department showed that an index that excludes volatile food and energy costs rose 0.2% from March to April,…
By: The Commerce Department’s measure of personal consumption expenditures prices is expected to show inflation in April running at a 2.7% annual rate. See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
One person was killed in a collision involving four vehicles on State Route 93 near Congress on Thursday, May 30, according to the Arizona Department of Public Safety.Bart Graves, an agency spokesperson, said a box truck traveling north crossed the center lane at around 7:43 a.m. for unknown reasons when it collided with a southbound…
By: Fresh inflation data will be released on Friday, with economists polled by Reuters expecting the personal consumption expenditures price index to … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: Homebuyers saw borrowing costs rise again last week. (iStock) Mortgage rates reversed course this week and headed north of 7% again, following several weeks of decline, according to Freddie Mac. The average 30-year fixed-rate mortgage was 7.03% for the week ending May 30, according to Freddie Mac’s latest Primary Mortgage Market Survey. That’s an…
PHOENIX — Two housing bills Arizona Gov. Katie Hobbs signed last week could increase affordable housing options, according to a Valley real estate expert. Mark Stapp, the executive director of W.P. Carey’s Master of Real Estate Development Program at ASU, feels hopeful about at least one of the new laws. “I think the one bill…
The woman who was sentenced had moved to Arizona from Nevada in 2019 after being permanently barred from Nevada’s Medicaid program. Arielle Dix, 37, was sentenced this week to three and a half years in state prison for her role in what authorities described as an “industrial scale” Medicaid fraud scheme that involves multiple co-defendants.Dix,…
By: Inflation still stings. Home buyers’ hesitancy might not just be about mortgage interest rates running high. Lately, it seems everything feels more … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
Blockchain technology may expedite the procedures involved in land and property registries. The technology creates a secure and shared source where documents can be exchanged and saved between several … [wpts_spin]{Read|See} the {entire|full} article {on|about} real estate tech innovations, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real estate investing in…
CEO of ReAlpha. Tech entrepreneur: 1 IPO, 2 exits. Author, “Nothing to Nasdaq.” getty The real estate landscape is undergoing a period of significant regulatory change and heightened scrutiny. I believe this presents an opportunity for artificial intelligence (AI) to help promote fairness and objectivity in real estate transactions. In the competitive world of multifamily…