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Keyword: rates

Valley homebuyers to pay less, have more choices with …

9/23/2024
Valley lenders should be fielding more calls since the Federal Reserve cut its benchmark rate by a half-point last week, according to Tina Tamboer of the Cromford Report. Mortgage rates have …

Population increases, not enough homes both factors in …

8/30/2024
Valley rents have surged 72% over 12 years and nearly half of all Arizona renters have been cost-burdened, according to a recent study by the Arizona Research Center for Housing Equity and …

Residents, lenders banking on home equity growth

7/30/2024
Sarah Prenzno was looking for a short-term solution to get equity out of her north Phoenix home. Prenzno, a Peoria resident, opted to get a home equity agreement — which allowed her to …

Chandler council approves one-cent property tax …

6/29/2024
One of dozens of items approved by the Chandler City Council at its June 27 meeting was its 2024-25 primary tax rate. Though city leaders have bragged repeatedly about having lowered the primary …

Valley homebuying activity remains low

5/1/2024
The Valley’s homebuying scene remains buffered by interest rates, high prices and low demand. Activity remains low and buyer demand is about 20% below levels from 2019, according to Tina …

Chandler mayor, council lean toward lower property tax …

3/22/2024
​Chandler’s City Council weighed in, for the first time this year, on property tax levies for next year at a March 18 budget work session. The general consensus from the seven …

Scottsdale city staff request rate hikes for water, …

3/11/2024
Water and sewer rates as well as solid waste disposal rates are expected to climb next year. The Scottsdale City Council heard requests from city staff to raise the rates during its March 5 …

APS customers will see rate hike on monthly bills

2/23/2024
Utility bills for the typical Arizona Public Service Co. customer are going up by about $10.50 per month starting on or after March 8, according to preliminary numbers. On Thursday, the Arizona …

Governor’s announced special housing funding covers …

2/2/2024
Arizona Gov. Katie Hobbs recently announced $89 million for “new affordable housing and homeless response.” One Chandler housing project, the 157-unit Villas on McQueen, is getting …

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 …

Peoria expecting ‘cautious’ budget next fiscal …

12/5/2023
With revenue growth slowing significantly, Peoria residents should expect a very conservative budget for the next fiscal year.