Log in
Keyword: Interest Rates

Valley home market may pop as interest rates fall

1/1/2024
Some Valley real estate experts think now is a great time to jump into the market — especially after rates have ticked down of late. If buyers do jump into the market, it could come with …

Few deals to be had: High interest rates price some …

8/19/2023
Valley car buyers may have to lower their expectations on what’s affordable on the market as interest rates on loans remain high and prices on new cars continue to rise, industry analysts say. …

Peoria shifts to buyer’s market

12/5/2022
The Valley housing market has “glided” into a buyer’s market for the first time in 12 years, according to Tina Tamboer of the Cromford Report.

Peoria housing market cools off

8/3/2022
It wasn’t long ago the real estate market was hitting record lows in inventory.

Lack of housing taking chunk out of Phoenix …

7/6/2022
The local housing has cooled a bit and buyers might see slight discounts in the weeks and months ahead. That does not mean the market is yet returning to normal, said Thomas Brophy, housing …

Market ripe for investors gobbling up apartment …

6/28/2022
Strong rent growth and robust appreciation have prompted investors to continue buying up apartment buildings in the Phoenix market. Many potential homebuyers have been priced out of the Phoenix metro …

Queen Creek council approves emergency measure to sell …

6/7/2022
The Queen Creek Town Council has voted to authorize the sale of the balance of a debt issue to fund park construction and expansion under fiscal terms that benefit the town.   In April, the …

Adjustable-rate mortgages becoming more popular

5/22/2022
Less affordable housing is pushing potential buyers toward buying alternatives such as adjustable-rate mortgages, according to a local economist. More homebuyers are opting to get into …

Housing costs primary reason for Phoenix inflation …

4/20/2022
Phoenix inflation exploding is primarily because of rising housing costs around the Valley, according to an economist from Wells Fargo. According to February numbers from U.S. Bureau of Labor …

Interest rate hikes make homebuying tougher

3/18/2022
A local housing analyst says he expects interest rates to rise for the rest of the calendar year to help battle inflation costs from food to gas prices. But that means it could make it tougher to …

Arizona lawmaker proposes limits on interest rates by …

11/18/2019
PHOENIX — A Mesa GOP lawmaker is proposing what he concedes is a very un-Republican thing. Sen. David Farnsworth has introduced two bills to cap the interest rate that can be charged by title lenders at 36%. That compares with rates that run as high as 17% a month.