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Arizona Housing Prices

Trump Mulls Declaring National Housing Emergency in 2024 to Fight Rising Costs and Boost Development

Former President Donald Trump is reportedly weighing the potential declaration of a national housing emergency if re-elected in 2024, aiming to address the rising cost of homeownership and rental prices across the country. His campaign suggests he may utilize federal authority to boost housing construction and remove what it calls “unnecessary” zoning laws to increase…

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Arizona Housing Prices

Trump Eyes Historic Move: Declaring a National Housing Emergency to Tackle America’s Soaring Home Prices

Former President Donald Trump is reportedly considering declaring a national housing emergency if re-elected, amid growing concerns about housing affordability across the U.S. The move could potentially allow a future Trump administration to redirect federal resources, limit the influence of large institutional investors in the housing market, and boost housing development. Housing advocates and political…

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Mortgage Interest Rates

Mortgage Rates Plunge to 11-Month Low — Seize the Moment Before Prices Rise Again

Mortgage rates have dropped to their lowest point in nearly a year, offering a possible opening for prospective homebuyers and homeowners looking to refinance. According to Freddie Mac, the average 30-year fixed mortgage dipped to 6.63%, the lowest since May 2023. Analysts attribute this decline to recent economic data indicating cooling inflation and a stabilizing…

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Top Economist Torsten Slok Issues Stark Alert: Inflation Could Stay High Much Longer Than Expected—What It Means for Arizona Investors

**Top Economist Torsten Slok Warns About Persistent Inflation** Torsten Slok, chief economist at Apollo Global Management, warned that inflation in the U.S. could remain high for much longer than markets and policymakers expect. Despite recent signs of easing, Slok emphasized that persistent pressures from wages, housing, and ongoing fiscal stimulus are likely to keep inflation…

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