The holiday season is delivering early gifts to would-be buyers. Average 30-yr mortgage rates have dropped nearly 1% in the last month, and inventory levels are climbing. That said, home prices continue to rise across the country, with the Case-Shiller national home prices index already up 4.6%. Mortgage … [Read more...] about What’s Up with Real Estate This Week? – December 1st, 2023
Lower than expected inflation figures for October convinced the market that the Fed is done hiking rates and may start cutting rates as early as the first half of 2024. Average 30-year mortgage rates have dropped significantly in recent weeks, from over 8% to below 7.4%. Inflation elation Both the CPI (Consumer Price … [Read more...] about What’s Up with Real Estate This Week? Thanksgiving Edition 2023 🦃
Featured Listing of The Week!! 5117 E MOUNTAIN VIEW RD, Paradise Valley, AZ 85253 7 🛏️ | 5 🛁 | 4,329 sqft 🏡 | $2,550,000 💰 Welcome to your dream home in Paradise Valley! Located in the coveted neighborhood of Tatum Garden Estates and the 3C's school district. This stunning property has undergone a complete remodel and … [Read more...] about
The transformative power of paint in home improvement projects is undeniable. Whether it's revamping an accent wall, an entire room, or even a piece of furniture, paint can work wonders. Typically an easy and affordable DIY option, it stands out as a cost-effective alternative to extensive renovations. However, not everything … [Read more...] about 6 Items to Avoid Painting in Your Home!
National news and local views for the week ending Friday, November 10, 2023 Mortgage rates continued to drift lower, with the average 30-yr mortgage dropping below 7.5%. And home prices continued to rise in ~80% of the metros nationwide. It's still a very tight market, but there are some early signs of … [Read more...] about What’s Up with Real Estate this Week? November 12th, 2023