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Monthly Sales Up 7.1% in Greater Phoenix...Higher Incomes in Greater Phoenix Fueling More Contracts
For Buyers: Re-sale prices are not predicted to come down this year. Between August 2018 and January 2019 it looked like the market was...
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AZ Housing Market Summary for the Beginning of May
Starting with the basic ARMLS numbers for May 1, 2019 and comparing them with May 1, 2018 for all areas & types: Active Listings...
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Median Sales Price up 5.9% to $270,000 in Greater Phoenix: Sales Rebound, Up 3.7% Over Last Year
For Buyers: The median rent paid on single family rentals through the Arizona Regional MLS is currently $1,625 per month, which is...
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Under Contract Up 19% in 5 W"
Mortgage Payments Drop $50 per Month on a Median Priced Home...Listings Under Contract Up 19% in 5 W
Buyers got a break last month as 30-year mortgage rates dropped significantly from an average of 4.41% to 4.08%, which is the lowest they...
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Seasonally, This is the Calm Before the Storm for Buyer Activity
For Buyers: Remember when you would not eat your dinner as a kid and your parents would serve it to you for breakfast or lunch until it...
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Money Monday...Concerned About Rising Interest Rates?
Rates are still historically low. The chart below from Freddie Mac shows the average 30 year interest rate was 6.04% as recently as November