Things are looking good for the Phoenix real estate market. This season’s influx of snowbirds delivered the best numbers in years for the Valley’s winter-visitor industry. The snowbird season started to rebound last year, and the trend has continued as...
Not all real estate is in the dumps. Housing data due this week aren’t likely to be encouraging. Figures Monday are expected to show sales of existing homes fell nearly 4% in February from January. On Tuesday, the government’s index of home prices is...
“Even celebrities are renting! Good news for landlords.” – Jason Hartman More people are becoming renters these days, some by necessity and some by choice. Among those are celebrities who surely have the money to buy a home, if they chose. One famous...
The cost of the two items that tend to hit American pocketbooks the hardest – food and gas – are soaring, crimping the buying power of so many already-strapped consumers. Still, the Federal Reserve maintains inflation is not an issue. After Thursday, it may be an...
Snatch up those 30 year mortgages before they go away! How might home buying change if the federal government shuts down the housing finance giants Fannie Mae and Freddie Mac? The 30-year fixed-rate mortgage loan, the steady favorite of American borrowers since the...
For those of you without credit cards or mortgages, there’s a new way to build your credit: Pay your rent on time. In January, credit reporting agency Experian started including residential rental payment data on its credit reports. Previously, only mortgage...
