The latest Consumer Price Index (CPI) data sent a clear message: inflation isn’t done yet. June’s CPI report showed a 0.3% monthly increase, pushing the annual inflation rate to 2.7%, up from 2.4% in May. Core inflation, which excludes food and energy, also increased, rising 0.2% month-over-month and standing at 2.9% year-over-year. It’s the kind […]
Seasonal Population Shifts Scottsdale and Metro Phoenix are renowned for their winter appeal, attracting snowbirds, seasonal renters, and tourists who significantly boost the region’s population and economy between November and April. However, when summer arrives and temperatures soar well into the triple digits, the Valley undergoes a notable shift. The winter months bring a significant […]
When your home is for sale, you want your property to shine both inside and outside. Before you sell your home, you will want to have a landscaper come by to spruce up the outside to make sure that your yard looks tidy, as this will maximize your home’s curb appeal. On the inside, you […]
In the coming months, it’s important to watch for continued inventory growth, which is giving buyers more choices and shifting negotiating power away from sellers. Although average sale prices are holding steady, the decline in price per square foot and longer time on market Hint at softening demand. If mortgage rates continue to ease, even […]
At the European Central Bank’s prestigious annual forum in Sintra, Portugal, on July 1, 2025, Federal Reserve Chair Jerome Powell took the stage alongside global counterparts, offering a clear message: the Fed is exercising caution, not making hasty decisions. While markets had been hoping for a signal that interest rate cuts were imminent, Powell instead […]
Getting the cost of major upgrades at your place is a great starting point when you are looking to sell your home. When you decide to put your home on the market, one of the big decisions you have to make is whether you should complete those major renovation projects you have put off. If […]
This summer was supposed to be the season when housing regained its momentum. Warmer weather, pent-up demand, and some long-awaited relief from high mortgage rates were all expected to spark activity. But instead of momentum, we’ve got a market clouded by rising global tension, stubbornly high interest rates, and an economy that seems to be […]
On June 18, 2025, the Federal Reserve announced that it would hold its benchmark interest rate steady at 4.25% to 4.50%, opting to maintain its current course in the face of elevated inflation and rising global trade tensions. While Fed officials continue to signal that two rate cuts may still be forthcoming before the end […]
A recent headline from Redfin sparked a national conversation: the U.S. housing market now has nearly 500,000 more home sellers than buyers—the most significant gap in over a decade. Based on April 2025 MLS listings and Redfin’s buyer activity models, the report suggests a subtle yet important shift toward a buyer’s market. Here in Scottsdale […]
In the coming months, watch for buyers gaining more leverage as inventory continues to rise across Metro Phoenix markets. Mortgage rates have climbed to 6.94%, which may pressure affordability and influence buyer urgency. Despite slower sales, average prices remain strong, suggesting that pricing strategy and property positioning will be key for both buyers and sellers […]