This week in Phoenix real estate…nothing like raising the interest rate by 2% to grab the attention of the Phoenix real estate market. The Mortgage Bankers Association index of 5.36 is 2.03 points higher than it was on January 1. For the median home price (currently $470K) that equates to an increased monthly payment of about … [Read more...] about This Week in Phoenix Real Estate….May 9 2022
Real Estate
This Week in Phoenix Real Estate – February 14, 2021
This week in Phoenix real estate...it's not exactly news that that there aren't enough houses to go around. What might be surprising is how quickly the lower price ranges are changing. Homes on the market, priced under $400K, are down 47.6% compared to last year. However, homes priced between $400K-$500K are up 109% overall, … [Read more...] about This Week in Phoenix Real Estate – February 14, 2021
