Archive for February, 2017

ARMLS RENT Check™ – Dec, 2016

Saturday, February 25th, 2017 azrealtycom No Comments »

For the month of Dec 2016, all RENT Check indicators showed low momentum during the closing month of 2016. This is not surprising yet we expect to see gains in all area starting 2017. Median Lease: $1,275 – Slightly decreased from $1,295 previous month. Average Lease: $1,444 – Slightly decreased from $1,464 previous month. Avg. […]

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Housing News – Feb 10, 2017

Friday, February 10th, 2017 azrealtycom No Comments »

The positive economic sentiment by Americans is trickling over to housing market attitudes. Over 29% of those surveyed said it was a good time to buy. Also, over 69% of those surveyed by Fannie Mae said they were not concerned with losing their jobs. 42% expect home prices to continue rising. It pays to shop […]

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Mortgage News – Feb 10, 2017

Friday, February 10th, 2017 azrealtycom No Comments »

Gallup reports its Economic Confidence Index hit a new high in January, reaching its highest monthly average in 9 years. The labor market continues to show strength, with jobless claims hitting a 43-year low this week and a strong showing for non-farm payrolls last week. Despite the strong economy, inflation is still lagging. As long […]

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Mortgage Interest Rates Update – Feb 10, 2017

Friday, February 10th, 2017 azrealtycom No Comments »

CONVENTIONAL 30 Yr   4.125 to 4.125 APR 4.25 15 Yr   3.250 to 3.500 APR 3.61 ARMS 5 Yr    3.250 to 3.625 APR 3.87 7 Yr    3.625 to 4.375 APR 4.41 FHA/VA  30 Yr   3.625 APR 3.73 15 Yr   3.250 APR 3.32

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