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 […]
Scottsdale’s real estate market in 2024 offers strong investment potential, with a 12% increase in average sales prices and rising property values, making it a prime opportunity for buyers and investors. While mortgage rates have climbed to 7.04%, creative financing strategies can help buyers navigate affordability challenges. Additionally, a slight increase in inventory provides more […]
As 2024 winds down, the U.S. housing market is still grappling with two major obstacles: persistently low inventory and high mortgage rates. Real estate experts across the country are bracing for another year of tight conditions, with no immediate relief in sight as 2025 approaches. With more questions than answers, both buyers and sellers face […]
In the coming months, it’s important to watch for Scottsdale’s single-family housing market to cool slightly, influenced by the holiday season, fluctuating interest rates, and a tightening inventory of homes. For buyers waiting on the sidelines, December is an opportune time to negotiate price and terms. By January, inventory is expected to rise, ushering in […]
In the coming months, it’s important to watch for the Metro-Phoenix single-family housing market to cool slightly, influenced by the holiday season, fluctuating interest rates, and a tightening inventory of homes. For buyers waiting on the sidelines, December is an opportune time to negotiate price and terms. By January, inventory is expected to rise, ushering […]
Donald Trump’s confirmation as the 47th President of the United States has set the stage for significant shifts in economic policy, with wide-reaching implications for the housing market and mortgage rates. As the real estate mogul-turned-politician embarks on his second term, his administration’s policies are expected to directly and indirectly influence mortgage rates. From tax […]
In the coming months, Scottsdale’s single-family home prices are expected to rise through November and December. Historical trends indicate that inventory may tighten further as the typical holiday slowdown in new listings takes effect, creating a potentially competitive landscape for year-end buyers. – Grant Van Dyke Scottsdale Average Sales Price: September 2024 > $1,562,534 vs […]
In the coming months, Metro Phoenix’s single-family home prices are projected to experience a modest increase, with inventory potentially tightening as holiday season listings typically slow. While mortgage rates currently average 6.88%, mortgage bankers expect gradual declines in the months ahead, which could offer some relief for buyers looking to enter the market. – Grant […]
Despite the Federal Reserve’s recent reduction of the federal funds rate by 50 basis points in September 2024, mortgage rates have unexpectedly risen. Here’s an expanded look at why mortgage rates have increased recently despite a federal funds rate cut. We’ll also delve into how the upcoming 2024 election, with its potential to influence economic […]