All posts by azrealtycom
Mortgage Interest Rates – March 13, 2019
CONVENTIONAL
30 Yr 4.375 to 4.500 APR 5.000
15 Yr 3.875 to 4.125 APR 4.387
FHA/VA/USDA
30 Yr 3.875 APR 4.634
15 Yr 3.75 APR 4.543
All rates improved slightly.
Arizona Shows Strong Jobs Trending through 2020
Metro Phoenix House Snapshot by Zip Code – Jan 2019
Mortgage Interest Rates – Feb. 13, 2019
2018 Best Suburbs to Live in Arizona
The best suburbs to live in the U.S. based on crime, public schools, cost of living, job opportunities, and local amenities. Ranking based on data from the U.S. Census, FBI, BLS, CDC, and other sources.
#1 in Best Suburbs to Live in Arizona
Chandler, Overall Grade A+, Public School A, Population 245,160
#2 in Best Suburbs to Live in Arizona
Gilbert, Overall Grade A+, Public School A, Population 232,176
#3 in Best Suburbs to Live in Arizona
Scottsdale, Overall Grade A, Public School A-, Population 239,283
#4 in Best Suburbs to Live in Arizona
Tempe, Overall Grade A, Public School A-, Population 178,339
#5 in Best Suburbs to Live in Arizona
Paradise Valley, Overall Grade A, Public School A-, Population 13,961
#6 in Best Suburbs to Live in Arizona
Litchfield Park, Overall Grade A, Public School A-, Population 5,686
#7 in Best Suburbs to Live in Arizona
Peoria, Overall Grade A-, Public School A-, Population 161,383
#8 in Best Suburbs to Live in Arizona
Queen Creek, Overall Grade A-, Public School B, Population 33,298
#9 in Best Suburbs to Live in Arizona
Anthem, Overall Grade A-, Public School A-, Population 22,980
#10 in Best Suburbs to Live in Arizona
Mesa, Overall Grade A-, Public School B+, Population 479,317
The survey was done by Niche.com, Copyright www.NICHE.com.
Mortgage Rates Update – February 6, 2019
Mortgage Interest Rates – Jan 22, 2019
Metro Phoenix Housing Prices per Zip Code
ARMLS Rent Check™ – December, 2018
For the month of December 2018, all RENT Check indicators continued weakening.
Median Lease: $1,450 – Increased from $1,428 the previous month.
Average Lease: $1,611 – Increased slightly from $1,601 of the previous month.
Avg. Days on Market: 31 – Increased again from 29 days of the previous month.
Closed Rental: 1,738 – Decreased from 1,992 homes the previous month.
Rent Check Quotient™: 3:10 – Rental supplies remains flat as last month.
Rent Check Quotient™ (RCQ™) is the ratio of closed rentals and closed sales.
Due to the continuous holidays and the reduced availability, rent prices came back up firmly but volume dropped while DOM increased.