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Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed. It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market! Dream on… Happy April Fool’s Day!

Budget for closing costs, typically 1.5% to 2% of purchase price. Submit a deposit, usually 2% to 5% of the home's purchase price.

Easter is a Christian holiday that celebrates the belief in the resurrection of Jesus Christ.However, according to many theologians, Easter originally began before the arrival of Christianity.It is believed that Easter is named after the Anglo-Saxon goddess of the dawn and spring, known as Eostre.Examples of Easter traditions include Easter eggs and related games such…

Existing-home sales increased by 9.5% in February, with the median price rising by 5.7%. Sales were strong in the West, South, and Midwest, but declined year-over-year in all regions. Housing inventory also rose, helping to meet demand. Prices went up in all four U.S. regions. Continue to full article

Market Snapshot: Arizona's median home price in Jan 2024 was $345,385. Loan Options: Conventional, FHA, VA, and USDA loans offer low down payment choices.

Closing Costs Overview: Closing costs in Arizona average about 1.2% of the home's sale price. Seller's Responsibilities: Sellers cover expenses like title insurance, property taxes, HOA fees, and escrow fees.Attorney Fees: While not mandatory, hiring a real estate attorney is advisable for complex transactions.

The Common Sense Institute's latest Quarterly Housing Report for Arizona shows progress in reducing the housing shortfall but highlights ongoing challenges. Four counties are not issuing enough building permits, leading to a risk of permanent housing supply shortages. The report emphasizes the need for strategic planning and data-driven analysis to address the housing crisis. Continue…

Avondale has implemented regulations for short-term rentals effective February 1, 2024. Homeowners must obtain a license to operate short-term rentals for a fee of $250 and background checks.

Federal Reserve initially indicated possible rate cuts in 2024 due to an expected decrease in inflation. However, inflation rose by 3.1% at the beginning of 2024, altering economists' outlook on rate cut timing.