Arizona's Finest Real Estate Blog

Weekly Economic Update - 3.28.18

Weekly Economic Update - 3.28.18

Good Afternoon,  I hope you are  having a great week so far.  RATE MOVEMENT (from prior week) UNCHANGED Although the stock market suffered large losses last week, mortgage markets were relatively quiet.  The two primary ...

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Weekly Economic Update - 3.20.18

Weekly Economic Update - 3.20.18

Good Afternoon, I hope you had a great weekend.    RATE MOVEMENT (from prior week) SLIGHTLY LOWER Last week was relatively quiet for mortgage rates ahead of the Fed meeting which takes place tomorrow.  The primary surprise was a ...

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17% of Sales are Closing Over Asking Price

17% of Sales are Closing Over Asking Price

Median Sale Price up $20,000 over March 2017 17% of Sales are Closing Over Asking PriceFor Buyers:The percentage of seller concessions awarded to buyers has dropped down to 24% in the first quarter of 2018 after 2.5 years of consistently landing ...

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Weekly Economic Update - 3.12.18

Weekly Economic Update - 3.12.18

Good Evening, I hope you had a great weekend and survived Monday.    RATE MOVEMENT (from prior week) SLIGHTLY HIGHER A wide range of events influenced mortgage rates last week, including important labor market data, a European Central ...

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