Arizona Housing Market Predictions for 2021
Let us gaze into the crystal ball for some Arizona housing market predictions. Phoenix’s housing market has fared quite well in 2021. Realtor.com predicts house purchases in the metropolitan area will shoot up over eleven percent over last year’s levels, exceeding the national average. Why the increase? A desirable climate, ample and world-class dining and […]
Phoenix Tops Impacted Market by Investors
Phoenix, Arizona tops the housing market negatively impacted by investors in April 2021 by removing over 400 units. Nationwide during the same month, the number of units removed from the market was higher than contributed, with investor purchases allotting for over 5.5% of all home sales. The conventional thinking is that the average buyer is […]
Best Job Markets Survey: Metro Phoenix Ranks Second in Nation
The Phoenix metropolitan area has been ranked number 2 among the top five best job markets, according to Dallas-based SaaS company, ThinkWhy, with a focus on their AI-generated LaborIQ software targeting labor market solutions. While job openings are standing firm at record highs with over 10.1 million available jobs in the United States. Companies are […]
Refinancing in Arizona Just Got Cheaper with New FHFA Rule Change
Rule change increases refinance savings for Arizona homeowners. Covid-19 has driven the housing market’s home prices, profits for sellers, and encouraged some new buyers to try their hand, but for Arizona residents not interested in selling, refinancing has been rising in popularity during a period of low interest rates. Sweetening the proverbial pot is a […]
Most Affordable States – Arizona Places Third in Nation
Phoenix, AZ has become one of the most affordable states to live, ranking as the 3rd fastest growing metropolitan area with below average cost of living. Nearly 30 million Americans relocated within the United States between 2019 and 2020, with almost 40 percent moving across state lines or to new counties. Increased living costs have […]
Arizona Home Equity Leads Country Amidst Surges
AZ Equity-Rich Homes Percentage More Than Doubled in One Quarter Arizona home equity leads recent surges by skyrocketing their numbers of equity-rich homes from 16.3% in Q1 2021 to an impressive 39.7% in Q2, according to ATTOM Data‘s recently-released Q2 2021 U.S. Home Equity & Underwater Report. The report reveals that over one third […]