Archive for Housing Market Intelligence

Mortgage Rates – Nov 7, 2018

Thursday, November 8th, 2018 azrealtycom No Comments »

CONVENTIONAL 30 Yr 4.875 to 5.125 APR 5.573 15 Yr 4.5 to 4.75 APR 5.125 JUMBO & ARMS 5 Yr Call Me On Rate 7 Yr Call Me On Rate FHA/VA/USDA 30 Yr 4.75 APR 5.897 15 Yr 4.25 APR 5.53

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Market Snapshots – Oct 2018

Thursday, October 25th, 2018 azrealtycom No Comments »

Metro Phoenix housing market continues doing well. All indicators are positive except the inventory getting lower. Median Home Sales Price : $261,000 up 6.53% Median Price per Square Foot : $151.00 up 7.86% Sold above Asking Price : 16.4% up 3.8% Median DOM : 41 down 4.65% Inventory : 2.6 Months down 7.14% Monthly Home […]

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Chandler Schools Top Public High Schools in Arizona

Tuesday, October 23rd, 2018 azrealtycom No Comments »

Based on 2016 SAT scores, these are the top 25 high schools and all 5 high schools in the Chandler Unified School District are on the list. They are highlighted below — 1. University High School: 1332, Tucson Unified 2. AZ College Prep-Erie Campus: 1285, Chandler Unified 3. Gilbert Classical Academy: 1284, Gilbert Unified 4. […]

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2019 Best School Districts in the metro Phoenix

Thursday, October 4th, 2018 azrealtycom No Comments »

The 2019 Best School Districts ranking is based on rigorous analysis of key statistics and millions of reviews from students and parents using data from the U.S. Department of Education. Ranking factors include state test scores, college readiness, graduation rates, SAT/ACT scores, teacher quality, public school district ratings, and more. Read more on how this […]

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East Valley Continues to Grow

Wednesday, October 3rd, 2018 azrealtycom No Comments »

East Valley sees more business hiring, relocations in the first half of 2018. Nearly 4,600 job announcements during the first half of the year, most of which are the result of companies choosing to relocate to the area. Among them, Deloitte’s announcement of a $50 million capital investment in a 100,000-square-foot delivery center that will […]

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ARMLS Rent Check™ – August, 2018

Tuesday, October 2nd, 2018 azrealtycom No Comments »

For the month of July 2018, all RENT Check indicators indeed reached the plateau. Median Lease: $1,495 – Remained at $1,495 level as previous month. Average Lease: $1,670 – Decreased slightly from $1,679 previous month. Avg. Days on Market: 26 – Increased again from 25 days of the previous month. Closed Rental: 2,242 – Surprisingly, […]

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ARMLS Rent Check™ – July, 2018

Tuesday, October 2nd, 2018 azrealtycom No Comments »

For the month of July 2018, all RENT Check indicators seem like reaching the plateau. Median Lease: $1,495 – Increased slightly from $1,485 previous month. Average Lease: $1,679 – Increased slightly from $1,670 previous month. Avg. Days on Market: 25 – Increased slightly from 24 days of the previous month. Closed Rental: 2,203 – Decreased […]

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ARMLS Rent Check™ – June, 2018

Tuesday, October 2nd, 2018 azrealtycom No Comments »

For the month of June 2018, all RENT Check indicators showed sustaining momentum comparing to the previous month, May 2018. Median Lease: $1,485 – Increased from $1,450 previous month. Average Lease: $1,670 – Increased from $1,616 previous month. Avg. Days on Market: 24 – Decreased from 25 days of the previous month. Closed Rental: 2,228 […]

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Buy NOW or Wait?

Tuesday, October 2nd, 2018 azrealtycom No Comments »
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Mortgage Interest Rate Trending Up

Tuesday, October 2nd, 2018 azrealtycom No Comments »

Below is a chart created using Freddie Mac’s U.S. Economic & Housing Marketing Outlook. As you can see, interest rates are projected to increase steadily over the course of the next year.

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