For 35 years, the Arizona Cardinals called Tempe home. That changed when the franchise broke ground on a $200 million, 217-acre performance center and headquarters at Paradise Ridge, sitting west of Scottsdale Road and just north of the Loop 101, on the doorstep of North Scottsdale’s most prestigious neighborhoods. Owner Michael Bidwill purchased the land […]
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Kevin Warsh held his first press conference as Federal Reserve Chair this afternoon. Markets did not like what they heard. The Dow dropped over 500 points. The S&P fell more than 1%. Two-year Treasury yields jumped 16 basis points to the highest level in over a year. The dollar surged. Gold cratered. And if you […]
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Not long ago, the mood across both Wall Street and Main Street felt cautious. A pullback in the stock market, driven by global tensions and unsettling headlines, shook confidence. Even here in Arizona, where winter doesn’t bring snowstorms, the season still has a way of slowing momentum. The holidays linger, travel picks up, and many […]
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Lately, the headlines have been hard to ignore: escalating conflict overseas, rising oil prices, and a stock market that feels increasingly unpredictable. At first glance, these issues may seem disconnected from your local housing market. But they’re not. There’s a direct line between global uncertainty and real estate activity, and it runs through one critical […]
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There’s a quiet shift underway in today’s market, and if you’re watching closely, you can feel it. Ongoing geopolitical uncertainty has taken a bit of the edge off the stock market. Not a collapse, just enough movement to matter. And when investment accounts pull back, even modestly, it creates a psychological ripple that extends beyond […]
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Shutterstock via Igors Homenko
Military conflicts rarely stay confined to the regions where they begin. Even when fighting occurs far from U.S. borders, the economic and emotional aftershocks can reach American households quickly, and real estate is often one of the first places those effects are felt. With rising tensions involving Iran, we’re already seeing movement in oil prices, […]
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ShutterStock via Yalcin Sonat
The Federal Reserve announced it would maintain its benchmark interest rate following its first policy meeting of 2025, keeping borrowing costs at their current levels as policymakers assess inflation trends and economic growth. Fed officials cited persistent, though moderating, inflation as a key factor in their decision. While inflation has come down significantly from its […]
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In the realm of homeownership, a creeping crisis is hitting households across the United States, and Arizona is no exception. The specter of rising insurance rates is not just a financial burden but a harbinger of broader economic shifts that affect property values and housing affordability. As reported by Redfin Corp, approximately 72% of U.S. […]
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Alexander Supertramp via Shutterstock
If you search for “Phoenix housing market forecast 2026”, most articles focus on mortgage rates or inventory levels. But a larger economic shift may be unfolding behind the scenes: artificial intelligence and the restructuring of tech jobs. As AI transforms industries from software development to data analysis, the ripple effects could influence real estate markets […]
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Gustavo Frazao via Shutterstock
Mortgage rates have fallen to levels not seen in nearly four years. The average 30-year fixed rate is now hovering around 6%, according to the latest data from Freddie Mac, a notable drop from the roughly 7.5% highs reached during the peak of the rate surge. That decline is meaningful on its own. But the […]
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