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Keyword: mortgage

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 …

Despite a flat price housing market, buying outweighs …

11/29/2023
Those people who have recently bought into the Valley’s housing market may have a wait before they start to build up equity in their purchase as the region’s uptick has mostly flatlined, …

Cromford Report helps see future of Valley real estate

10/16/2023
he Cromford Report doesn’t sell stats. Instead, the company — which tracks the Valley’s residential resale market — sells confidence, said Tina Tamboer, senior housing analyst …

Valley housing market remains stagnant

9/28/2023
Not a lot is changing with the Valley’s housing market now with low supply, low demand and mortgage rates that haven’t been this high in more than 20 years. High mortgage rates along …

Wells Fargo to hold event for potential homebuyers

8/22/2023
Purchasing a new home can be a complicated and complex process, especially for first-time home buyers. Next month, Wells Fargo is hosting an “Advancing Homeownership Fair” — an …

Valley home listings falter amid high interest rates, …

4/14/2023
The hope of the Valley’s housing market developing more listings to ease three years of price crunches is evaporating in the rising heat. Higher interest rates and homebuyers needing to …

High interest rates stifling Valley home sales

3/26/2023
Some Valley homeowners are reluctant to sell only to trade out their lower mortgage interest rate for a higher one, and with it a likely higher monthly payment. Potential sellers without a solid …

Prosperity Home Mortgage acquires JFQ Lending in …

3/2/2023
Prosperity Home Mortgage, LLC, a full-service mortgage bank specializing in residential and refinance loans and a subsidiary of HomeServices of America, has acquired the assets of JFQ Lending, LLC, a …

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 …

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 …