On May 7, 2025, the Federal Reserve announced it would leave its benchmark interest rate unchanged at 4.25% to 4.50%, marking the third straight meeting with no change in policy. While many consumers and housing market watchers had hoped for a rate cut to ease borrowing costs, the Fed’s decision came amid mixed economic signals—particularly […]
In the coming months, it’s important to watch for whether rising inventory continues to give buyers more leverage and soften home prices further. Sellers may need to adjust expectations as properties take longer to move and pricing becomes more critical in a competitive market. With mortgage rates holding steady, buyer activity could pick up, making […]
The U.S. Consumer Confidence Index just posted its sharpest drop in nearly two years, falling to 86.0 in April 2025 — almost 8 points from March. For context, that’s the lowest consumer sentiment reading since May 2020, during the early months of the pandemic. And while this kind of economic indicator may sound abstract, it’s […]
Published April 18, 2025 — 3-minute read A Calm Signal from the Fed At a recent appearance before the Economic Club of Chicago, Federal Reserve Chair Jerome Powell delivered a carefully worded message: the Fed is “well-positioned to wait for greater clarity before making any policy moves.” In market-speak, this signaled no immediate rate hikes—and […]
Metro Phoenix home values rose 12% in Quarter 1 of 2025, signaling strong appreciation and motivating buyers to act before prices climb higher. Inventory also grew by 4%, giving buyers more choices while encouraging sellers to price strategically in a more competitive market. With mortgage rates down to 6.78%, improved affordability is fueling demand and […]
While the national housing market wrestles with interest rate volatility, global trade tensions, and economic uncertainty, the greater Phoenix area—particularly Scottsdale, Paradise Valley, and surrounding metro cities—continues to show surprising resilience. Despite market headwinds, this region is holding firm, buoyed by economic momentum, lifestyle appeal, and investor confidence. Let’s take a closer look at how […]
Springtime in Phoenix isn’t just about patio dining and desert blooms—it’s also one of the most exciting times of the year for local theater lovers. The Valley’s stages are brimming with must-see performances, from Broadway blockbusters to quirky comedies and powerful new dramas. Here’s your curated guide to the top shows running from April through […]
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 […]
Accessory Dwelling Units (ADUs) are gaining popularity as homeowners seek ways to maximize their property’s value, create multi-generational housing, or generate rental income. However, zoning laws and building codes vary significantly across different municipalities in Maricopa County, making it essential for homeowners to understand the specific rules in their area. Whether you’re considering adding an […]
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 […]
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