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Housing Market 2024

May 15, 2024/

The U.S. housing market has experienced a remarkable surge, with home prices soaring 47.1% since the start of 2020. This significant increase surpasses the growth rates seen in previous decades and reflects a unique set of economic and social factors. A 47% Increase Since 2020 Factors Driving the Surge 1.…

Interest Rates

May 15, 2024/

As mortgage rates continue to rise, potential homebuyers face increasingly tough decisions. The average rate for a 30-year fixed mortgage recently hit 7.22%, a significant jump from the historically low rates seen in previous years. This increase is largely attributed to the Federal Reserve’s ongoing efforts to combat inflation by…

Laveen Arson

May 15, 2024/

In recent weeks, a series of fires at vacant properties in Laveen, Arizona, has raised alarm among residents and authorities, prompting an investigation into a potential serial arsonist. Local fire departments have responded to multiple blazes at abandoned homes, with investigators noting the suspicious nature of these incidents. The fires,…

Biltmore

May 15, 2024/

The Arizona Biltmore, known as the "Jewel of the Desert," has a storied history dating back to its opening in 1929. The hotel, with its unique architectural design influenced by Frank Lloyd Wright and Albert Chase McArthur, has been a favorite among celebrities and political figures. Over the years, it…

K. Hovnanian Laveen Place Townhomes

May 1, 2024/

In Laveen, Arizona, a contentious proposal known as the Gila Foothills project has taken another significant step forward. On April 4th, the Phoenix Planning Commission recommended approval for this ambitious plan, which includes an auto mall, hospital, resort, and thousands of housing units. Situated near Estrella Drive and 51st Avenue,…

April 2024 National Housing Report

May 1, 2024/

In March 2024, the US housing market remained robust yet challenged by supply constraints, pushing prices higher. Despite stabilizing mortgage rates and signs of economic recovery, affordability concerns persisted due to limited supply and rising costs.

DOJ

April 28, 2024/

With all of the fake news regarding the National Association of Realtor’s $418 million settlement for a lawsuit filed by the U.S. Department of Justice, I want to point out the facts from the fake. The media continues to spread myths about this settlement, and even President Joe Biden suggested…

Gila Foothills Development

April 15, 2024/

In Laveen, Arizona, a contentious proposal known as the Gila Foothills project has taken another significant step forward. On April 4th, the Phoenix Planning Commission recommended approval for this ambitious plan, which includes an auto mall, hospital, resort, and thousands of housing units. Situated near Estrella Drive and 51st Avenue,…

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