ShutterStock via iQoncept
The landscape of real estate agent compensation has shifted dramatically due to a significant lawsuit against the National Association of Realtors® (NAR) and other major real estate agencies. The lawsuit challenged certain practices around agent commissions as unfair, leading to new rules that affect how agents are compensated when a property is sold. Understanding these […]
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ShutterStock via Around The World Photos
Phoenix, Arizona and its neighboring cities are experiencing an unprecedented surge in industrial development, establishing the region as a critical hub in the national industrial landscape. By the end of June 2024, nearly 40 million square feet of industrial space was under construction, with projects spread across both the West Valley and East Valley. This […]
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Shutterstock via Muhammad Alimaki
As the 2024 Presidential election approaches, many prospective homebuyers and sellers are curious about how this major event might impact their decisions. Understanding the historical trends and potential effects of presidential elections on the housing market can provide valuable insights for navigating these uncertain times. We’ll also explore some potential scenarios and their impact on […]
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Snehit Photo via Shutterstock
As the cost of living continues to soar, the need for affordable housing has reached a critical point. A new proposal offers hope by restricting rent increases to at most 5% annually. The plan, which calls on Congress to pass a law that would withdraw tax credits from landlords who exceed this limit, targets landlords […]
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Shutterstock via Pla2na
In a much-anticipated announcement, the Federal Reserve decided to keep its key interest rate unchanged while signaling just one rate cut expected before the end of the year. This decision, revealed after the two-day Federal Open Market Committee (FOMC) meeting, may not be as aggressive as some had hoped. However, it could potentially stimulate economic […]
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Francesco Scatena
As we embark on the journey of a new year, the real estate market remains a hot topic of discussion. The year 2023 was marked by the “mortgage rate lock-in effect,” which brought about significant shifts in the housing landscape. This article will explore what experts predict for the 2024 real estate market, specifically focusing […]
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The real estate market has been experiencing a whirlwind of changes recently. October 2023 brought a surprising trend that caught the attention of homeowners, buyers, and real estate experts alike. As mortgage rates reached their highest levels in 23 years, sellers across the United States were forced to make significant price reductions, marking an all-time […]
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Water is precious, especially in arid regions like Scottsdale, Arizona. Over the years, the city has carefully managed its water supply to ensure a reliable and sustainable source for its citizens. Before the mid-1980s, Scottsdale relied heavily on groundwater for its water needs. However, a concerted effort has been made to diversify its sources, resulting […]
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The world of mortgage rates is a complex web of economic indicators, policy decisions, and global events. One recent event that has notably impacted mortgage rates is the Israeli-Hamas conflict. This article will explore how this conflict affects mortgage rates and why investors seek safer assets, such as mortgage-backed securities, leading to lower rates for […]
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Scottsdale Arts, in collaboration with the City of Scottsdale, is set to mark a significant milestone – the 50th anniversary of the city’s esteemed Permanent Art Collection. This momentous occasion will be celebrated at a special event scheduled for Thursday, October 26th, from 4 to 6 p.m., held at the recently renovated Scottsdale Civic Center. […]
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