The median price of a house in the region reached $162,500, up 3 percent from October, according to the W. P. Carey School of Business at Arizona State University. Compared with November 2011, the Valley’s median home prices is up 35 percent.
Home sales fell 9 percent between October and November, to 8,009. November’s home sales total is only 1 percent below the pace in November 2011.
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Latest Analysis: Mortgage Rates Surge to Highest Levels Since February | ||||||||||||||||||||||||||||||||||||||||||||
| Mortgage And Real Estate News | ||
| Mortgage Rates Surge to Highest Levels Since February While no one can be sure exactly how things will pan out in the long run, the market is currently expressing extreme disapproval of the new tariff plans. While interest rates had previously bene... | ||
| DPA, Subservicing, Credit Optimization Tools; Could Tariffs Impact MBS Dema... Today I travel to the Dallas area for a Logan Finance event, and this comment from a friend last night is echoing in my ears: “Becoming an adult is the dumbest thing I’ve ever done.” Yes, we have to w... | ||
| Worst 24 Hours For Rates So Far This Year Tariff volatility giveth and taketh from interest rates. Up until Friday afternoon, it's been mostly "giveth-ing." In other words, the prospect of trade wars between the US and numerous fo... | ||
| Valuation, Price Specials, Referral Tools; In-Person Events; Slow Economy E... “Many people told Beethoven that he would never be a musician because he was deaf. Did he listen?” This week hundreds of mortgage bankers descend on Washington DC for the annual advocacy conference or... | ||
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