Archive for Housing Market Intelligence

Mortgage Interest Rates – Jan 10, 2019

Thursday, January 10th, 2019 azrealtycom No Comments »

CONVENTIONAL 30 Yr 4.5 to 4.875 APR 5.376 15 Yr 4 to 4.25 APR 4.64 JUMBO & ARMS 5 Yr Call Me On Rate 7 Yr Call Me On Rate FHA/VA/USDA 30 Yr 4.25 APR 5.375 15 Yr 4 APR 5.1

Social Share Toolbar

Mortgage Rates May Go Soft

Friday, January 4th, 2019 azrealtycom No Comments »

December’s private payroll saw its biggest monthly increase in nearly 2 years, suggesting sustained strength in the labor market despite ongoing financial market volatility. Weak performance and volatility in stocks have driven investors to the safety of bonds. As yields fall, mortgage rates are likely to drop along with them. A dip in consumer confidence […]

Social Share Toolbar

South Mountain Freeway Update – Dec 28, 2018

Thursday, December 27th, 2018 azrealtycom No Comments »

2018 has been an important year with the Loop 202 South Mountain Freeway in its second full year of construction. With the freeway nearly two-thirds completed, signs of progress abound in the 22-mile corridor. Asphalt pavement is being installed, concrete medians and artistic sound walls are being built and overhead message boards are above the […]

Social Share Toolbar

Arizona’s Growing Population May Gain its 10th Congressional Seat

Thursday, December 27th, 2018 azrealtycom No Comments »

While Arizona continues population growth, it is likely Arizona representation on Capitol Hill will add one more seat in a couple years. A study shows Arizona could get a 10th congressional seat as a result of population shifts in the U.S. With the House of Representatives limited to 435 total seats, Arizona’s gain will mean […]

Social Share Toolbar

Mortgage Rate – 12/19/2018

Wednesday, December 19th, 2018 azrealtycom No Comments »

CONVENTIONAL 30 Yr 4.625 to 4.875 APR 5.12 15 Yr 4.125 to 4.625 APR 4.89 JUMBO & ARMS 5 Yr Call Me On Rate 7 Yr Call Me On Rate FHA/VA/USDA 30 Yr 4.375 APR 5.54 15 Yr 4 APR 5.126

Social Share Toolbar

The Metro Apartment Market Update – Dec, 2018

Tuesday, December 11th, 2018 azrealtycom No Comments »

Recent transactions on apartment complexes are — $58 million for the 310-unit Chandler Court in Chandler – $187,199 a unit $32 million for the 186-unit River Ranch in Chandler – $172,050 a unit $59 million for the 341-unit Vista Montana in Gilbert – $173,020 a unit $90 million for the 349-unit Crescent Communities in Phoenix […]

Social Share Toolbar

Mortgage Rates – 12/10/2018

Monday, December 10th, 2018 azrealtycom No Comments »

CONVENTIONAL 30 Yr 4.75 to 5 APR 5.38 15 Yr 4.25 to 4.625 APR 4.89 JUMBO & ARMS 5 Yr Call Me On Rate 7 Yr Call Me On Rate FHA/VA/USDA 30 Yr 4.5 APR 5.635 15 Yr 4.125 APR 5.387

Social Share Toolbar

Gilbert and Chandler made to the top list of American Safest Cities

Monday, December 10th, 2018 azrealtycom No Comments »

According to WalletHub, the list of 2018’s Safest Cities in America includes Gilbert, Chandler, Scottsdale, and Peoria landed in the top 25. Gilbert is topping them all to rank as the sixth-safest city in the U.S. Chandler was ranked No. 12. Scottsdale was No. 15. Peoria ranked No. 22. Other Valley cities fared relatively well […]

Social Share Toolbar

Best Time to Buy a Home

Monday, December 3rd, 2018 azrealtycom No Comments »

Many would-be homebuyers assume that spring and summer are the best times to buy a new house. After all, the kids are out of school, the weather’s nice and it seems like that’s when all the inventory hits the market. Why not use the nice weather and extra time to your advantage? In reality, though, […]

Social Share Toolbar

Arizona Economic Indicators

Monday, December 3rd, 2018 azrealtycom No Comments »

Some economic indicators to share with you all… So far FY 2018, Arizona ranks – 5th among the states for personal income gains, 6th for gross state product or output and 7th for job creation. Worth to note, Arizona ranked in 2017 6th for population growth and 5th for domestic in-migration. Arizona’s jobless rate, now at […]

Social Share Toolbar