The Difference an Hour Makes [INFOGRAPHIC] Some Highlights: Don’t forget to set your clocks forward this Sunday, March 8 at 2:00 AM EST in observance of Daylight Saving Time, unless you’re a resident of Arizona or Hawaii! Every hour in the United States, 568 homes are sold and median home values rise by $1.92. As [...]
Short of War - This month, Arch Mortgage Insurance released their spring Housing and Mortgage Market Review. The report explained that an increase in mortgage rates and/or home prices would impact monthly payments this way: Short of War A 5% increase in home prices increases payments by roughly 5% A 1% rise in interest rates [...]
Appraisal Value Lags - For the second consecutive month, the gap between homeowner estimates and appraiser opinions has widened. Quicken Loans’ National Home Price Perception Index (HPPI) showed the average appraisal value was 1.47 percent below what owners expected in January. This two-month drop in the HPPI comes on the heels of a six month [...]
Home Office Trend - The rise of the internet and increased telecommunication abilities have led to more and more people working from home. It’s now thought that freelancers working from a home office brings $715 annually to the US economy, and many more of us divide our time between working from home and working from a [...]
Housing Plus Financial Markets is a snapshot in time on what happened this week in the housing and financial markets for the week ending April 16, 2016. Housing Plus Financial Markets Consumer prices rose less than expected in March and underlying inflation [...]
Average US rate on 30-year mortgage edges up to 4.02%. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage edged up to 4.02 percent this week from 4 percent a week earlier. The rate on 15-year fixed-rate mortgages slipped to 3.21 percent from 3.23 percent. Low Mortgage Rates Are [...]
Scottsdale Real Estate Home Prices for May 2014 Real estate market data for Scottsdale, AZ 85254, provided by Jane E. Daley of Scottsdale Real Estate. Scottsdale AZ Home Prices 85254 Scottsdale real estate home prices for May 2014 is shown in the graph below and explains the difference between "listing prices" (what sellers are asking [...]
Scottsdale Real Estate Home Prices for April 2014 Real estate market data for Scottsdale, AZ 85254, provided by Jane E. Daley of Scottsdale Real Estate. Scottsdale AZ Home Prices 85254 The graph below explains the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers were willing to pay). By comparing these [...]
Scottsdale Arizona Real Estate 85262 Market Profile Scottsdale Arizona zip code 85262 is a sparsely populated, affluent (median household income: $96,067) upscale rural zip code in Scottsdale, Arizona. The population is primarily white, older, and almost entirely married couples. At $746,300 the average home value here is a bit higher than average for the Phoenix-Mesa-Scottsdale metro area, [...]
Scottsdale Zip Code 85254 Latest Trend: Scottsdale Zip Code 85254 This week's Scottsdale Real estate 85254 latest trends and listings is interesting. 85254 is an affluent (median household income: $73,758) upscale suburban zip code in Scottsdale, Arizona. The population is primarily white, older, and mostly married couples. At $414,100 the average home value here is a bit higher than average [...]