For years, the average home sale price in Phoenix has been increasing, but the Valley is starting to experience a slight cool down period. According to the March 2023 Cromford…
Purchasing a home is an excellent avenue to build wealth, but many anticipate roadblocks as first-time investors. Despite these hurdles, buying a home is still achievable. Potential buyers have access…
Selling a home in the current housing climate can be challenging. Therefore, avoiding common mistakes when selling a home and having the right tools can make the process smoother. Ensuring…
According to Zillow, first-time home buying rose from 37% in 2021 to 45% in 2022. The real estate climate has experienced a major shift and is now more accessible for…
Toward the end of 2022, the real estate market started to experience a leveling out period due to high mortgage rates. The increase in rates resulted in lower home costs…
Interest rates have been on the rise due to efforts from the Federal Reserve to try to slow down inflation. In 2022, they raised interest rates by 2% and with…
According to a study by Visual Capitalist, a salary of more than $86,300 annually is needed for Phoenix residents to buy a home. Out of the 50 U.S. Metro areas…
It’s no secret, the housing market can be difficult to navigate in its current state. The average rate for a 30-year fixed mortgage rate is 6.56%, and Phoenicians are experiencing…
The real estate market in Phoenix has been on fire over the last few years but it has recently started to cool and balance due to increasing interest rates. While…
After all the penny pinching, house hunting and mortgage application paperwork, closing costs can sneak up on you during the home buying process. Closing costs, the fees you pay your…
Rent prices have been soaring, especially in popular cities like Tempe, Arizona. According to Bloomberg, the average rent for a one-bedroom in Tempe was $1,703 in June, a 48.3% increase…
In recent months, reports have cited Phoenix as a residential real estate market that’s finally lowering home prices after almost two full years on a steep incline. Realtor.com reports the…
