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April 16, 2023 7:34 AM
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People Are Sharing Why They Rent Their Home Vs Buy

People Are Sharing Why They Rent Their Home Vs Buy | Real Estate News and Auction | Scoop.it
"I'm in my 40s and the thought of being anchored down still terrifies me. What if the house needs too many repairs? What if the neighbors are crap? What if I hate my job?"
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April 14, 2023 7:25 AM
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Mortgage Rates Post Longest Streak of Declines Since December

Mortgage Rates Post Longest Streak of Declines Since December | Real Estate News and Auction | Scoop.it
Mortgage rates fell for a fifth straight week, the longest streak of declines in nearly four months.
The average rate on the standard 30-year fixed mortgage edged down one basis point to 6.27%, according to a survey of lenders released Thursday by mortgage-finance giant Freddie Mac. That’s the lowe
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April 9, 2023 11:26 AM
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Why Older People Can’t Get New Mortgages - The New York Times

Why Older People Can’t Get New Mortgages - The New York Times | Real Estate News and Auction | Scoop.it
Despite solid financial track records, many older Americans have a hard time refinancing because of their mortality risks and lower retirement incomes.
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April 7, 2023 12:49 PM
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Number of Phoenix Millennial homeowners jumps 66% in last 5 years

Number of Phoenix Millennial homeowners jumps 66% in last 5 years | Real Estate News and Auction | Scoop.it
The number of Millennial homeowners in Phoenix increased by 66% in just 5 years. Here's what that means for the market.
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April 7, 2023 12:01 PM
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Mortgage rates fall for the fourth week in a row | CNN Business

Mortgage rates fall for the fourth week in a row | CNN Business | Real Estate News and Auction | Scoop.it
Homebuyers benefited from another week of falling mortgage rates, with the average rate dropping for the fourth week in a row, according to data from Freddie Mac released Thursday.
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April 3, 2023 10:32 AM
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Real Estate Apocalypse Now

My keynote presentation from the Side x Side 2023 conference -- where I break down the biggest trends shaping the industry and compare real estate agents to cockroaches.
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March 29, 2023 3:40 PM
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Housing Data Solidifies Broad Market Recovery

Housing Data Solidifies Broad Market Recovery | Real Estate News and Auction | Scoop.it
For the last three months, major market indicators, including contract signings, new construction and existing-home sales, have been turning positive.
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March 27, 2023 1:43 PM
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Contractor's Corner: Arizona Energy Pros

Contractor's Corner: Arizona Energy Pros | Real Estate News and Auction | Scoop.it
In this month's Contractor's Corner podcast, we learn about a small Arizona installer that invests time and money into global volunteer efforts.
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March 27, 2023 1:39 PM
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Still time to save: Today's 30-year mortgage rates rest for third straight day | March 27, 2023

Still time to save: Today's 30-year mortgage rates rest for third straight day | March 27, 2023 | Real Estate News and Auction | Scoop.it
Check out the mortgage rates for March 27, 2023, which are unchanged from last Friday.
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March 24, 2023 12:35 PM
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Housing Market Tracker: Mortgage rates fall after SVB failure

Housing Market Tracker: Mortgage rates fall after SVB failure | Real Estate News and Auction | Scoop.it
Mortgage rates fell last week after the failure of Silicon Valley Bank spooked bond traders worried about contagion.
Via Best Smart Living Posts
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Scooped by AZ Mountain Lake Realty
March 23, 2023 11:42 AM
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Fed rate hike decision March 2023:

Fed rate hike decision March 2023: | Real Estate News and Auction | Scoop.it
The Federal Reserve on Wednesday released its decision on interest rates following a two-day meeting.
AZ Mountain Lake Realty's insight:
Fed hikes rates by a quarter percentage point, indicates increases are near an end
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March 20, 2023 2:05 PM
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Home Prices Fell 1% in February—First Annual Drop Since 2012

Home Prices Fell 1% in February—First Annual Drop Since 2012 | Real Estate News and Auction | Scoop.it
San Jose and Austin saw prices fall at roughly 12 times the national pace.
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March 17, 2023 5:16 PM
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Mortgage rates drop in wake of bank failures | CNN Business

Mortgage rates drop in wake of bank failures | CNN Business | Real Estate News and Auction | Scoop.it
Mortgage rates dropped this week in the wake of several bank failures, reversing course after rising half a percentage point over the past month. But longer-term uncertainty is expected to hamper many homebuyers and keep the cost of buying unaffordable for many.
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April 16, 2023 7:26 AM
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‘A nobody’s market’: Lower mortgage rates fail to coax sellers out of hibernation, forcing buyers to ‘narrow their list of must-haves’ in a home

‘A nobody’s market’: Lower mortgage rates fail to coax sellers out of hibernation, forcing buyers to ‘narrow their list of must-haves’ in a home | Real Estate News and Auction | Scoop.it
Even so, experts see reasons to be optimistic about the spring and summer homebuying season.
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April 10, 2023 7:12 AM
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Housing Market Tracker: Mortgage rates drop almost 1%

Housing Market Tracker: Mortgage rates drop almost 1% | Real Estate News and Auction | Scoop.it
Mortgage rates started last week at 6.44% and fell to a low of 6.16%, then ended the week at 6.34%. Expect another volatile pricing week.
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April 7, 2023 1:35 PM
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Prepare for the Revenge of American Energy

Prepare for the Revenge of American Energy | Real Estate News and Auction | Scoop.it
Former CIA Adviser: Green New Deal exposed as FRAUD. Congressional “Greeniacs” BUSTED investing in reliable fossil fuels. YOU have a one-time chance to profit from Biden’s humiliation.
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April 7, 2023 12:09 PM
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Buying or Selling a Home? Welcome to the Year of Disappointment - The New York Times

Buying or Selling a Home? Welcome to the Year of Disappointment - The New York Times | Real Estate News and Auction | Scoop.it
After a tumultuous few years, many hoped that the housing market would improve this spring. No such luck — for buyers or sellers.
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April 5, 2023 3:50 PM
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'We’re prisoners': 3% mortgage rates are a blessing and a curse

'We’re prisoners': 3% mortgage rates are a blessing and a curse | Real Estate News and Auction | Scoop.it
“I want my baby to have more space to run around…[but] it kind of leaves you a little stuck"
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April 1, 2023 5:27 PM
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Housing Market Update: Early-Stage Homebuying Demand Hits Highest Level Since May

Housing Market Update: Early-Stage Homebuying Demand Hits Highest Level Since May | Real Estate News and Auction | Scoop.it
Redfin’s Homebuyer Demand Index, which measures requests for tours and other buying services from our agents, jumped as prices fell for the sixth-straight week and mortgage rates declined for the third week in a row. But a lack of new listings is holding back sales.
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March 27, 2023 1:45 PM
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Arizona Business News

Arizona Business News | Real Estate News and Auction | Scoop.it
BUSINESS Coyotes minority owner suspended by NHL following arrest Arizona Coyotes minority owner Andrew Barroway was suspended indefinitely by the NHL on Friday following his arrest for domestic violence in Colorado. March 25, 2023 Hobbs will veto legislation blocking municipalities from taxing groceries Gov. Katie Hobbs is going to veto legislation to block cities and towns from taxing groceries. March 24, 2023 LG to spend $5.5B building Queen Creek battery factories A Korean battery maker with plans to spend a billion-plus dollars on a plant in Queen Creek says it will nearly quadruple the investment. March 24, 2023 368 affordable housing units coming to Glendale A new West Valley construction project valued at $120 million broke ground Friday. Called Centerline at Glendale, the development will eventually offer more than 350 affordable housing units. March 24, 2023 Lesko joins lawmakers calling for limits on TikTok in U.S. Arizona Republican Congresswoman Debbie Lesko is one of the latest to join a growing bipartisan chorus of federal lawmakers who want to limit or ban the social media app TikTok in the U.S. March 24, 2023 IRS updates virtual assets question on tax forms Tax season is upon us, and the IRS is updating its questions regarding digital assets like cryptocurrency. March 24, 2023 Arizona bill would give teachers a $10K raise Education advocates are pushing to increase pay for Arizona’s public school teachers. They are backing a bill sponsored by state representative and former teacher Matt Gress, who wants to boost salaries by $10,000. The bill is expected to be considered on Monday. March 24, 2023 Arizona has 5th-highest average gas price in the U.S. Arizona is now averaging the fifth-highest gas price in the country. AAA says the state is averaging $4.17 as of Friday. March 24, 2023 During Oak Flat hearing, U.S. says it may release new report When President Joe Biden took office, his administration acted quickly to unpublish an environmental report that gave the green light to a proposed copper mine in the Oak Flat area of Tonto National Forest. But it may soon republish the report.→ More news from the Fronteras Desk March 23, 2023 AZ Legislature passes bill to block cities from taxing groceries The state Legislature passed a bill that would overrule the ability of cities and towns to levy taxes on groceries. Food taxes raise about $161 million for cities every year. March 23, 2023 AZ GOP lawmakers say they're racing to beat a budget deadline The GOP-led Arizona Legislature appears to be trying again to approve a budget and send it to Gov, Katie Hobbs. The last one resulted in her veto after lawmakers did not negotiate with her on the plan. This time, legislative leaders say they’re working against a deadline. March 23, 2023 Divided council approves $2.5M emergency fund for displaced Phoenix mobile home residents After many months of mobile home residents begging Phoenix leaders to help them fight evictions, the city council took action Wednesday night. But no one seemed satisfied with the outcome. March 23, 2023 This Arizona bakery is a James Beard Award semifinalist The kitchen is buzzing with activity at JL Patisserie in Scottsdale. Baguettes and croissants are in the oven and quiches are being prepared. At the center of it all is Jenna Leurquin, the owner of the bakery and a café in central Phoenix. JL Patisserie is a semi-finalist for a James Beard Award in the outstanding bakery category. March 22, 2023 Fontes asks court to order Finchem to pay thousands in sanctions Secretary of State Adrian Fontes has asked an Arizona Superior Court judge to order Mark Finchem to pay about $67,000 in sanctions. March 22, 2023 Bill would ban toll roads on Arizona highways In a bipartisan vote, the Arizona Senate overwhelmingly passed a Democrat-driven bill that would ban the conversion of state-maintained streets and highways into toll roads. March 22, 2023 Lawmaker attempts to revive AZ housing bill amid bipartisan opposition A major controversial effort to combat the housing crisis at the state Capitol went down in bipartisan flames last week, but the bill’s sponsor isn’t giving up. March 22, 2023 U.S. Supreme Court chews on Jack Daniel's dog toy dispute The Supreme Court is hearing a spirited dispute Wednesday between whiskey maker Jack Daniel’s and the manufacturer of a squeaking dog toy that parodies the liquor's bottle and label. March 22, 2023 Phoenix city manager wants $114M in surplus to go to workers Thanks to high inflation generating more sales tax revenue, a one-time boost in state shared income tax revenues and savings from unfilled positions, Phoenix has a budget surplus of $134 million. City Manager Jeff Barton wants most of the surplus to go to employees.→ More Arizona business news March 22, 2023 AZ to begin requalifying 2.5M AHCCCS users Starting April 1, AHCCCS, Arizona’s Medicaid program, will start its redetermination process. The idea is to ensure all 2.5 million members still qualify for AHCCCS — and that includes thousands of older adults. March 21, 2023 Custom jeweler Jenny Vaughn: Made in Arizona Jenny Vaughn is enamored by metal. She has made a career out of melting it down, reshaping it and making beautiful things out of it. Vaughn is an independent custom jeweler as well as lead jewelry instructor at the Mesa Arts Center. March 21, 2023 Pages123456789…next ›last »
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March 27, 2023 1:40 PM
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Is This the Calm Before the Mortgage-Rate Storm? Why Homebuyers Should Hurry

Is This the Calm Before the Mortgage-Rate Storm? Why Homebuyers Should Hurry | Real Estate News and Auction | Scoop.it
Mortgage rates fell this week but will likely march higher again. The pickings might be slim, but it's probably a good time to buy.
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March 27, 2023 1:31 PM
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Fed Chair Powell metric says recession, rate cuts soon

Fed Chair Powell metric says recession, rate cuts soon | Real Estate News and Auction | Scoop.it
The expected three-month T-bill rate in 18 months’ time dropped to 134 basis points under the current rate.
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March 24, 2023 12:35 PM
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5 reasons we won’t see a housing market crash soon

5 reasons we won’t see a housing market crash soon | Real Estate News and Auction | Scoop.it
The housing market is stabilizing in 2023, not crashing. Here are five reasons we won’t see a housing market crash soon.
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March 20, 2023 2:10 PM
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TheREsource.tv - Is The Housing Crash Finally Here!?! 🤔😮🔎📊

TheREsource.tv - Is The Housing Crash Finally Here!?! 🤔😮🔎📊 | Real Estate News and Auction | Scoop.it
3 views, 0 likes, 0 loves, 3 comments, 0 shares, Facebook Watch Videos from TheREsource.tv: Is The Housing Crash Finally Here!?! 🤔😮🔎📊
We have a 6.5-million-unit shortage - WHY or WH
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March 17, 2023 5:17 PM
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Buyers, get moving: Today's 30-year mortgage rates dive below 6% | March 16, 2023

Buyers, get moving: Today's 30-year mortgage rates dive below 6% | March 16, 2023 | Real Estate News and Auction | Scoop.it
Check out the mortgage rates for March 16, 2023, which are down from yesterday.
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