Metro Phoenix homebuyers won’t get a reprieve from rising prices anytime soon as competition for houses heats up again. The Valley’s housing market isn’t expected to be as frenzied as it was in 2021, but prices are on track to keep steadily climbing until probably May, according to real estate analysts. The median home price … [Read more...] about Metro Phoenix’s Housing Market is Still Hot. When Will it Cool Down?
Above: The Town of Gilbert.BUSINESS NEWS | 23 hours ago | AZ BUSINESS MAGAZINE The latest jobs report shows the national unemployment rate at 13.3%, which is below the peak of 14.7% during the height of the COVID-19 pandemic. To provide more context at the city level, WalletHub today released its report on the Cities … [Read more...] about These 9 Arizona cities among Top 20 in U.S. bouncing back most
By Tim Gallen – Digital Editor, Phoenix Business Journal Dec 19, 2018, 3:17pm EST Looking to launch a business? According to Inc. magazine, Phoenix is one of the best cities to do just that. Working with innovation policy company Startup Genome, Inc. examined the top 50 markets in the U.S. and crunched data on seven … [Read more...] about Phoenix a top city to start a business, according to Inc. ranking
Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the fifth year in a row, real estate has come out on top as the best long-term investment! This year’s results … [Read more...] about Real Estate Tops Best Investment Poll For 5th Year Running
Many are now saying the best way to conduct business in parts of California is to set up shop in neighboring Arizona. An increasing amount of companies are buying into that theory as they seek to lower business costs, particularly those in industrial sectors driven by warehousing and distribution. About 35 million consumers … [Read more...] about Phoenix Among Fastest-Growing Industrial Markets in U.S.
The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices rising at a steady clip in nearly all metro areas. Home prices rose 5.3% over the last quarter across all … [Read more...] about Low Inventory Causes Home Prices To Maintain Fast Growth
If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! We recently shared data from Trulia’s Market Mismatch Study which showed that in today’s premium home market, buyers are in control. The inventory of homes for sale in the luxury market far exceeds those … [Read more...] about Moving-Up To A Luxury Home? Now’s The Time!
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers show that the range is an average of 3.5% less expensive in San Jose (CA), all the way up to … [Read more...] about Buying Remains Cheaper Than Renting In 39 States!