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Arizona Housing Prices

Climate Crisis Sparks Real Estate Alarm: Billions in U.S. Properties at Risk from Wildfires, Floods, and Rising Seas

As climate change accelerates, the U.S. housing market faces growing risk, especially in regions prone to wildfires, floods, and rising sea levels. Research shows billions of dollars in residential property are vulnerable, with markets in areas like coastal Florida, the Southwest, and wildfire-stricken California most at risk. Despite mounting physical threats, many properties in danger…

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How Inflation Quietly Reshapes Ultra-Wealth: From Art and Real Estate Booms to New Challenges for Arizona Investors

Inflation impacts ultra-wealthy individuals in several unexpected ways beyond just rising prices. For one, inflation can actually boost the value of certain tangible assets that the wealthy often hold, such as art, collectibles, and real estate, while diminishing the value of their cash savings. Additionally, higher inflation can complicate tax situations, as gains on investments…

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Arizona Home Sales

Scottsdale’s Luxurious Estate Sets Record Big at $24.1M: The Most Expensive Home Ever Sold on Arizona MLS

A luxurious estate in north Scottsdale has shattered records by selling for a staggering $24.1 million, making it the most expensive residential property ever sold on the Arizona Multiple Listing Service (MLS). The nearly 22,000-square-foot mansion, set on over four acres at the exclusive Silverleaf community, features eight bedrooms, 15 bathrooms, a 12-car garage, and…

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Arizona Housing Prices

Amphitheater Schools Faces Tough Choices: District Considers School Consolidations Amid Enrollment Drop and Budget Woes

The Amphitheater Public Schools District in Tucson is considering consolidating several schools due to declining student enrollment and financial constraints. Superintendent Todd Jaeger cited a 22% drop in enrollment over the past decade, resulting in reduced state funding. The district is exploring options such as merging campuses, repurposing schools, or even closing some facilities, with…

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Mortgage Interest Rates

Mortgage Rates Remain Steady on October 2, 2025: Fixed 30-Year at 7.51%, 15-Year at 6.81% Amid Market Fluctuations

Mortgage rates held steady on October 2, 2025, with both 30-year and 15-year fixed-rate loans remaining unchanged. The average rate for a 30-year fixed mortgage stayed at 7.51%, while the 15-year fixed loan held firm at 6.81%. While these rates are high compared to recent years, experts expect continued fluctuations as the Federal Reserve evaluates…

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Inflation Holds Steady in August: What It Means for Arizona Real Estate Investors and the Market Ahead

INFLATION HOLDS STEADY IN AUGUST U.S. inflation remained unchanged in August, matching the predictions of many economists. According to the latest government data, consumer prices continued to rise at a steady pace, indicating that inflationary pressures have not escalated further. This steady trend is seen as a sign that the Federal Reserve’s efforts to manage…

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