Arizona Real Estate Investing in June 2024: Navigating New Permitting, Zoning, and Tax Policy Changes
Arizona’s real estate faces evolving permitting, zoning, and tax policies shaping investment amid housing supply and affordability challenges.
Arizona’s real estate faces evolving permitting, zoning, and tax policies shaping investment amid housing supply and affordability challenges.
Arizona’s real estate sees strong growth through major housing projects, transit expansions, sustainability efforts, and shifting urban planning trends.
Mortgage interest rates are projected to remain relatively high through November 2025, with some economists predicting rates could range between 6% and 7%. Despite the Federal Reserve pausing rate hikes in 2024, lingering inflation and a resilient job market are expected to keep borrowing costs elevated. These dynamics continue to challenge homebuyers, many of whom…
Several luxury properties in metro Phoenix recently changed hands, highlighting the area’s strong real estate market. Among the top sales was a $14.5 million mansion in Paradise Valley, which features modern amenities and expansive mountain views. Other high-value transactions include a $9.8 million Scottsdale home with resort-style outdoor spaces and a North Central Phoenix estate…
A growing debate in housing policy questions whether the federal government should grade states and cities on their zoning laws. Supporters of such an effort argue it could incentivize local governments to ease restrictive zoning practices that limit housing development and drive up home prices. Critics, however, fear a federal grading system could overstep local…
Jesse Fisher analyzes Arizona’s rental market shift as supply grows, demand stays strong, and investors seek value amid rising vacancies.
Recent data show cooling consumer confidence, persistent inflation, steady jobs, and high rates shaping Arizona real estate opportunities and challenges.
Inflation, as discussed in the referenced Reddit thread, refers to the rapid expansion of the universe that occurred just fractions of a second after the Big Bang. The theory of cosmic inflation was introduced to address certain problems with the standard Big Bang model, such as the horizon and flatness problems. It proposes that the…
Real estate experts predict a sharp rise in U.S. home prices this summer, driven by ongoing inventory shortages and persistent buyer demand. According to new analyses from leading realtors, limited housing stock is fueling competition among buyers, with many homes receiving multiple offers just days after being listed. Mortgage rates, while still relatively high compared…
Despite a cooling housing market and declining mortgage applications, home prices remain persistently high due to an unexpectedly low inventory of homes for sale. Many homeowners are choosing to stay put, reluctant to part with low-interest mortgages secured during the pandemic-era rates. This “lock-in effect” has sharply reduced housing supply, which continues to support elevated…