Refinancing Jumps 11.4% in 2024 but Faces Big Challenges
In the first quarter, refinancing activity showed a surprising change. But there’s a twist. The recent increase in interest rates has had a serious impact on mortgage refinancing activity in the country over the last three years. As we look into 2024, there is hope that the upcoming year will result in lower interest rates, […]
Paradise Valley Millionaire Sells Home
Millionaire Sells Home: Millionaire Shocks Arizona by Selling Paradise Valley Estate for Bitcoin—Will You Miss Out on the Deal of a Lifetime? Hey there, Paradise Valley lovers! Buckle up because Bradley J. Robertson is shaking things up on the Billionaire’s Row! Two years ago, this trailblazer dropped a cool $9.4 million on a jaw-dropping 4.96-acre […]
Phoenix Metro’s $7.1m Land Deal Signals a New Era of Opportunity
Nathan & Associates Inc., based in Scottdale, has recently completed multiple land purchases for homebuilders. We are incorporating this location into San Tan Valley. Despite mortgage interest rates hovering around 8%, homebuilders in the Phoenix metro market still show strength by paying millions of dollars in cash to buy lots. According to the latest Phoenix […]
How the NAR Settlement will Impact the Real Estate Industry: Challenges Ahead in 2024
The real estate industry faces a summer of uncertainty due to the upcoming National Association of Realtors. Teresa King Kinney is well-acquainted with sudden changes in the real estate industry, and the recent settlement is no exception for the NAR. Since 1993, she has served as CEO for the Miami Association of Realtors and its […]
Is The Real Estate Market Bracing for The Great Recession 2.0? Experts Warn of a Possible Crash
According to strategist Chris Vermuelen, there may be a major “leg down” in the real estate market soon. Indicators of construction activity reflect the period prior to the 2008 crash. “Many people fail to realize that the real estate market is poised for another major leg down,” he stated. According to Chris Vermuelen, a veteran […]
High Mortgage Rates Fell Again in April, Home Sales Dropped to 4.14 million
High mortgage rates are really slowing down the spring home-selling season. Home sales fell again in April for the second consecutive month, with high mortgage rates and near-record home prices stalling the market during the prime selling season. The National Association of Realtors announced on Wednesday that sales of previously owned homes fell by 1.9% […]
Discover How to Sell Your Inherited Property Fast: The Ultimate Guide to Navigating Probate Real Estate in Arizona!
Chances are, you’ve got a lot going on these days. Losing a loved one is emotionally devastating, making it difficult to manage daily life. The administrative tasks that follow, such as sorting through belongings, managing accounts, and dealing with legal documents, add significantstress. Handling personal and sentimental items, as well as ensuring pets and dependents […]
Reduction in Landfill Waste: How to Help Yourself 2024
Linda Eales was raised in the construction industry, she observed discarded construction materials being sent to landfills year after year. Nonprofit Corporation: Harvest Eco-Salvage Linda Eales established Harvest Eco-Salvage with the mission of keeping usable and recyclable building materials out of landfills. She couldn’t stand it anymore. In 1999, she started Eco-Logic Foundation with a […]
How Inflation Is Redefining the American Middle Class 2024
Vincent, aged 29, lives in America, thriving as a medical sales representative, indirect aggressive annual earned income of $130,000, which reflects the profitable earning possible within the healthcare sales industry. From a young age, he wished to reach a six-figure salary, visualizing it as the key to financial pleasure. He visualizes a life where annual […]
Why Dream Homes Are Becoming Pipe Dreams in 2024: The Soaring Costs Keeping Americans from Homeownership
Why Dream Homes Are Turning Into Pipe Dreams: The Soaring Costs Keeping Americans from Homeownership First up, let’s talk turkey—or rather, mortgages and insurance. These aren’t just headaches; they’re full-blown migraines for aspiring homeowners. With the Federal Reserve’s interest rate hikes aiming to tackle inflation, mortgage rates have soared to a dizzying 7.1% for 30-year […]
