Today, March 19, 2025, the Federal Reserve announced that it will hold interest rates steady, keeping the benchmark federal funds rate from 4.25% to 4.50%. While this decision aligns with market expectations, what caught many economists’ attention was the Fed’s indication that rate cuts could be on the horizon later this year. This decision has […]
The Federal Reserve’s March 18-19, 2025 meeting is approaching, and all eyes are on whether policymakers will hold rates steady, cut, or hike. Given recent economic indicators, the most likely outcome is a rate hold, with potential cuts coming later in the year. For homebuyers, sellers, and real estate professionals, the Fed’s decision significantly affects […]
The 16% drop in average home prices and 13% increase in sales show buyers are gaining the upper hand in negotiations. Solid property options are still available with inventory tightening by 9%, but motivated sellers may be more willing to negotiate. Plus, with mortgage rates down to 6.84%, buyers can secure a better deal before […]
The 6% decline in average home prices, combined with an inventory level of 5.78 months, indicates that Metro Phoenix is currently exhibiting characteristics of a buyer’s market. Despite a 20% increase in sales activity, the available supply suggests that buyers maintain greater leverage in negotiations. Additionally, with mortgage rates declining to 6.84%, market conditions may […]
The U.S. housing market has undergone significant fluctuations in recent years, driven by pandemic-era low mortgage rates, soaring home prices, and the subsequent affordability crisis as interest rates climbed. With mortgage rates beginning to decline, many are questioning whether this will reignite market activity or if the slowdown will persist. Despite the relief lower rates […]
The Federal Reserve’s interest rate policy in 2025 will play a pivotal role in determining the trajectory of financial markets, borrowing costs, and economic growth. With eight scheduled meetings, the central bank faces a delicate balancing act—cut rates too soon, inflation could surge, holding rates too high, and economic growth could stall. The latest projections […]
Scottsdale’s real estate market saw a 13% jump in average sales price to $1.78M, despite a 19% rise in inventory, signaling continued demand, especially in the luxury sector, where a $21M sale set the tone. However, total sold listings dipped by 4%, suggesting a potential shift as more properties hit the market. With mortgage rates […]
The Metro Phoenix real estate market saw a 21% drop in sold listings, signaling a slowdown in buyer activity, while inventory surged 46% to 6.52 months of supply, giving buyers more options. Despite a 2% dip in average sales price to $1,171,332, the price per square foot increased to $408, indicating a shift toward smaller […]
The mortgage market in 2025 is a rollercoaster of unpredictability, influenced by key factors such as Federal Reserve rate cuts and stubborn inflation data. Today’s latest inflation report only adds to the complexity, leaving homebuyers, refinancers, and real estate professionals with plenty of uncertainty as the year unfolds. Let’s break down the most recent developments […]
When analyzing the real estate market, attention often gravitates toward interest rates, housing inventory, and buyer demand. However, trade policies—particularly the imposition of tariffs—play a pivotal yet understated role in shaping housing costs, inflation, and mortgage rates. The strategic use of tariffs during the Trump administration provides a compelling lens through which to understand their […]