Gabriela Rico Since the pandemic, Tucson rents have increased twice as fast as local workers’ incomes.Yet, many new neighbors who relocated to Tucson during the pandemic to work remotely remark on the affordability of the market.Paid by employers from San Francisco, Portland and Seattle, for example, the workers’ incomes are much greater than the Tucson-based…
The Arizona Supreme Court declined to hear a case opposing a proposed affordable housing development in Surprise, clearing the way for development. See the full article on Arizona zoning regulations, or, read more Arizona real estate investing news. It’s up to you!
By: … the U.S. economy’s resilience in the face of high interest rates. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
“The conspiracy… has harmed Arizonans and directly contributed to Arizona’s affordable housing crisis,” Mayes says, noting in the last two years, … See the full article on this Arizona real estate event, or, read more Arizona real estate investing news. It’s up to you!
By (Bloomberg) — Inflation in the US probably abated only gradually last month and retail sales rebounded, illustrating why the Federal Reserve is in no rush to lower interest rates.Most Read from BloombergThe core consumer price index, a measure that excludes food and fuel for a better picture of underlying inflation, is seen rising 0.3%…
By: A large proportion of would-be buyers were unable to attain a home due to soaring interest rates in addition to expensive houses. You can take a … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
“The labor market, contrary to popular opinion, is contracting,” famed economist David Rosenberg warned following the February jobs report. “The labor market, contrary to popular opinion, is contracting,” famed economist David Rosenberg warned following the February jobs report. See the entire article on Arizona’s unemployment, or, read more Arizona real estate investing news. The choice…
Long known for affordable housing, Arizona is now among the top 10 list of least affordable states, according to data compiled by BestBrokers.The study found that the median U.S. home price reached $408,428 last year, while national income per capita stood at $68,786 as of the third quarter. This equates to the median house costing…
By: … Consumer Price Index (+3.1%), and the Core Personal Consumption Expenditures deflator (+2.8%) (Bloomberg). This has led to strength in credit … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: The personal consumption expenditures index, a measure the Federal … Edgar Dworsky,founder of Consumer World, a consumer resource guide, said … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!