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NAR's Yun says median home price rising "much too fast"

NAR's Yun says median home price rising "much too fast" | Real Estate Marketing | Scoop.it
In the U.S., the median existing single-family home price rose 12% year over year to $313,500, according to the National Association of Realtors.
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Housing Data Solidifies Broad Market Recovery

Housing Data Solidifies Broad Market Recovery | Real Estate Marketing | 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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Contractor's Corner: Arizona Energy Pros

Contractor's Corner: Arizona Energy Pros | Real Estate Marketing | 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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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 Marketing | Scoop.it
Check out the mortgage rates for March 27, 2023, which are unchanged from last Friday.
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Housing Market Tracker: Mortgage rates fall after SVB failure

Housing Market Tracker: Mortgage rates fall after SVB failure | Real Estate Marketing | Scoop.it
Mortgage rates fell last week after the failure of Silicon Valley Bank spooked bond traders worried about contagion.
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Fed rate hike decision March 2023:

Fed rate hike decision March 2023: | Real Estate Marketing | Scoop.it
The Federal Reserve on Wednesday released its decision on interest rates following a two-day meeting.
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Fed hikes rates by a quarter percentage point, indicates increases are near an end
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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 Marketing | Scoop.it
San Jose and Austin saw prices fall at roughly 12 times the national pace.
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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 Marketing | 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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Silicon Valley Bank pushed 'woke' programs ahead of collapse

Silicon Valley Bank pushed 'woke' programs ahead of collapse | Real Estate Marketing | Scoop.it
“These banks are badly run because everybody is focused on diversity and all of the woke issues and not concentrating on the one thing they should, which is, shareholder returns,” Marcu…
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6 Flat Fee MLS Companies in Arizona to Sell Your FSBO Home

6 Flat Fee MLS Companies in Arizona to Sell Your FSBO Home | Real Estate Marketing | Scoop.it
Considering a flat fee MLS in Arizona? Here’s what to know about flat fee MLS listing services for FSBO home sellers in Arizona.
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www.ArizonaMLSFlatFee.com

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Historical Mortgage Rates: 1971 To The Present ...ITS NOT GOING BACK TO 3% OR 5%

Historical Mortgage Rates: 1971 To The Present ...ITS NOT GOING BACK TO 3% OR 5% | Real Estate Marketing | Scoop.it
Historical mortgage rates fluctuate, particularly in uncertain and inflationary times. Learn more about historical mortgage rates from the 1970s to the present.
DASHLIST 's insight:

Mortgage Rates

Where they started

Where they were by the end of the decade

1970s

7.31%

7.48%

1980s

7.48%

9.78%

1990s

10.13%

8.06%

2000s

8.06%

5.14%

2010s

5.14%

3.72%

2020s

3.72%

Today’s mortgage rate

 
  Rate trends last decades
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Housing Inventory Making Quick Recovery –

Housing Inventory Making Quick Recovery – | Real Estate Marketing | Scoop.it
On an annual basis, the supply of homes for sale in February rose at a record annual pace for th
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Real-Estate Investors Shy Away From the Now-Risky 'BRRRR' Method

Real-Estate Investors Shy Away From the Now-Risky 'BRRRR' Method | Real Estate Marketing | Scoop.it
Landlords buy, renovate, then pull cash out of rental properties to buy new ones. But the "BRRRR" method isn't as feasible as it was just months ago.
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Arizona Business News

Arizona Business News | Real Estate Marketing | 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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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 Marketing | 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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Fed Chair Powell metric says recession, rate cuts soon

Fed Chair Powell metric says recession, rate cuts soon | Real Estate Marketing | 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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5 reasons we won’t see a housing market crash soon

5 reasons we won’t see a housing market crash soon | Real Estate Marketing | 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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TheREsource.tv - Is The Housing Crash Finally Here!?! 🤔😮🔎📊

TheREsource.tv - Is The Housing Crash Finally Here!?! 🤔😮🔎📊 | Real Estate Marketing | 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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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 Marketing | Scoop.it
Check out the mortgage rates for March 16, 2023, which are down from yesterday.
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Silicon Valley Bank's Failure Could Spark a Faster Housing Rebound

Silicon Valley Bank's Failure Could Spark a Faster Housing Rebound | Real Estate Marketing | Scoop.it
Insider's Phil Rosen breaks down the bank sector's impact on homebuyers and shares insights from an economist at the National Association of Realtors.
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Rent control in Arizona? Proposed laws to limit rent increases

Rent control in Arizona? Proposed laws to limit rent increases | Real Estate Marketing | Scoop.it
If you're a renter in Arizona, you know it's been a difficult few years. Late last summer, a national report found the median rental price in Phoenix increased 46% over the previous year.
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Housing Rebound: Top Real Estate Economist Sees Home Prices Rising

Housing Rebound: Top Real Estate Economist Sees Home Prices Rising | Real Estate Marketing | Scoop.it
National Association of Realtors senior economist Nadia Evangelou isn't expecting a housing crash or recession this year.
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February Bankruptcy Filings Rise YoY –

February Bankruptcy Filings Rise YoY – | Real Estate Marketing | Scoop.it
New bankruptcy filings in February 2023 registered double-digit increases year-over-year across al
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Housing: Buyers 'waiting on the sidelines' as rising rates pressure housing rebound

The housing market's recovery in late 2022 and early 2023 is being called into question with the recent backup in interest rates.
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