First Interstate BancSystem recently reported positive news as its net interest margin (NIM) expanded due to higher interest rates and prudent balance sheet management. This helped the bank generate stronger year-over-year earnings growth, even as loan growth moderated and economic uncertainty weighed on the broader sector. However, while these results are promising on the surface,…
U.S. home prices continue to rise, even as high mortgage rates keep many potential buyers on the sidelines. The phenomenon has puzzled many market watchers, but real estate experts explain this is largely due to a persistent supply shortage. With fewer homeowners willing to sell and give up their low-interest mortgages, inventory remains tight. This…
When multiple family members inherit a property together, disputes over its use, upkeep, and future can quickly arise, creating legal and emotional headaches. The disagreements may range from whether to sell or keep the property, to how the expenses and profits should be split. Experts recommend open communication and the establishment of a written agreement…
John Werner, a veteran mortgage expert based in Vancouver, WA, forecasts a more favorable housing market by 2026 as interest rates are expected to fall. He advises current homebuyers and sellers to stay informed and strategic, noting that while current rates remain elevated, a potential drop in 2026 could provide improved affordability and greater purchasing…
A spacious condominium in Old Town Scottsdale has hit the market for $1.1 million, offering three bedrooms, three bathrooms, and over 2,300 square feet of living space. Built in 2007, the contemporary property features modern finishes, an open floor plan, and plenty of natural light, making it ideal for buyers seeking a blend of urban…
Home prices in Arizona are surging, with the Phoenix area seeing a noticeable increase as buyers re-enter the market. According to real estate experts, limited housing inventory and steady demand are driving up costs. Median home prices have risen significantly compared to a year ago, and bidding wars are becoming more common again. While interest…
Retsy, a prominent residential real estate brokerage, has been ranked among the top 10 brokerages in Arizona, according to a recent evaluation of the market’s most productive companies. Demonstrating its strong presence in the Phoenix region, Retsy secured significant recognition not only as a firm but also through its agents and teams, who claimed several…
AJ Dybantsa delivered a historic performance for No. 13 BYU, scoring 43 points to set a new freshman record and lead the Cougars to a 91-78 victory over Utah. The standout freshman shot 15 of 21 from the field and added six rebounds, thrilling fans with his dynamic play. BYU maintained control throughout the game,…
After purchasing a home in Arizona, some buyers may later discover discrepancies in the reported square footage and wonder if they have any recourse. Typically, buyers are given opportunities to verify a property’s size during the due diligence period before closing. Once the sale is finalized, it becomes much more challenging to raise concerns or…
Former President Donald Trump expressed skepticism about a new proposal allowing first-time homebuyers to use up to $20,000 from their 401(k) retirement accounts without penalty to fund down payments. While the policy is part of a broader Republican plan to boost homeownership amid rising housing costs, Trump said he’s “not a huge fan” of tapping…