Two Arizona cities appear on WalletHub’s list of Best Places for First Time Home Buyers, Gilbert and Peoria. In regard to home prices, there are certainly more affordable cities in the Valley but WalletHub’s study took 21 additional metrics into consideration including Real Estate Market Conditions and Quality of Life. Comprised of Cost of Living,… Read More
Along with routine monitoring of local and national Real Estate market data, we closely follow changes in home loan trends, lending regulations and most notably mortgage interest rates, since developments in the mortgage industry directly affect our clients, both home buyers and home sellers. The sharply rising rates spouted in many ominous predictions for 2019,… Read More
A recent piece originally posted by Phoenix Business Journal, cites home builder’s lack of confidence in move-up buyers as strong motivation behind the latest construction movement toward ‘affordable’ housing. Builders are noticing that more young families and first-time home buyers are expressing an interest in purchasing New Construction homes. — Check out our New Construction… Read More
Two Arizona cities ranked in the Top 10 places to find employment, and according to WalletHub, Scottsdale, Arizona occupies the coveted number 1 spot. The Top 10 Cities to Find a Job in 2019 are listed as follows: Chandler, Arizona Boston, Massachusetts Washington D.C. Plano, Texas Portland, Maine Colorado Springs, Colorado San Francisco, California Orlando,… Read More
Do Veterans make the best Realtors? I’ve always thought so. In a recent article written by Forbes leadership and management contributor Kate Cooper, it was noted that Military Veterans develop valuable skills while serving, and in spite of their extensive training in areas such as project management, teamwork and leadership, many Veterans struggle to find… Read More
Unemployment statistics are promising but it may not be what you think. So far this year, job growth has actually been slower than anticipated, yet employment numbers continue to drop… more on the reason for that below. So what does this mean for our Real Estate market? Higher unemployment was one of the main factors… Read More
Here there be Jobs & Salaries in Sync with Rents & Mortgages… namaste. It’s not everywhere that you’ll find salaries that are perfect harmony with rents and mortgages, but several major U.S. cities,including Phoenix AZ, can boast that distinction… especially if your field is in one of the ‘in demand’ arenas like Health Care. Phoenix,… Read More
Consumer Confidence Up: As Goes Arizona, So Goes the Nation. Consumer confidence kept improving in August, posting a 122.9 reading in the latest Consumer Confidence Index® from The Conference Board. The Expectations reading of the Index rose to 104.0, while the Present Situation reading rose to 151.2. July’s reading was 120.0. As of September 1,… Read More
Housing Market Shows Continued Signs of Consumer Confidence The Arizona Real Estate market mirrors the majority of the nation with a record year so far in 2017. azCentral.com reports that barring the boom and bust years, 2005 & 20011, Arizona’s housing market is the best it’s ever been. As a matter of fact, even though… Read More
Construction Employment Increases as Firms Struggle to Keep Pace with Growing Demand Construction employment increased in 243 out of 358 metro areas, was unchanged in 43 and declined in 72 between January 2015 and January 2016, according to a new analysis of federal employment data released this week by the Associated General Contractors of America…. Read More
