All posts by azrealtycom

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.

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Mortgage Rates Update – February 6, 2019

CONVENTIONAL
30 Yr    4.375 to 4.75 APR 5.21
15 Yr    4.000 to 4.25 APR 4.64
 
JUMBO & ARMS
5 Yr     Please Call 
7 Yr     Please Call 
 
FHA/VA/USDA 
30 Yr    4.250 APR 5.375
15 Yr    4.000 APR 5.1

 

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Mortgage Interest Rates – Jan 22, 2019

CONVENTIONAL
30 Yr    4.50 to 4.875 APR 5.376
15 Yr    4.00 to 4.25 APR 4.64
 
JUMBO & ARMS
5 Yr    Please Call
7 Yr    Please Call
 
FHA/VA/USDA 
30 Yr    4.25 APR 5.375
15 Yr    4.00  APR 5.10
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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.

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