Phoenix Real Estate Blog

It's likely you haven't heard about real estate in Happy Jack AZ or anything else about the town for that matter. But, that's a good thing. The tiny town up on the Mogollon Rim is the best-kept secret in the entire state. If you truly want to escape the rat race, you'll find your joy in Happy Jack.

Mortgage rates are a significant factor in the decision to buy a home. The Arizona mortgage rates have been trending upward for the past few months, and this trend of higher rates was expected to continue. Let's look at the historical and current mortgage rates in the U.S. look at the chart above.

There are many strategies that homebuyers can use to save for a down payment. The most common would be a traditional savings account, where an individual has to put money in and then wait until they have enough saved up to make the purchase. Another strategy would be investing in something like stocks or bonds, where an investor would have to buy these assets and sell them at a higher price before they could make the purchase.

The Phoenix Housing market is in a better state for buyers now than it was in 2007. The number of affordable homes is higher and more people can buy homes.

5 Reasons Queen Creek  AZ is a Great Place to Live In 

While Queen Creek AZ was not incorporated as a town until 1989, the community has been around for more than 100 years. Originally called Rittenhouse, the community grew up around a railroad stop in the early 20th century.

The housing market is in a difficult place for buyers in 2021. The number of homes being bought has been decreasing for the home buyer that wants to reside in a home they own, and I-buyers and institutional/corporate buyers dominated home purchases in Arizona for several months of 2021. While driving the cost of homes up has resulted from the institutional buyer's domination. This leaves the buyer in a situation where they have less to choose from and are forced to pay more for a house.

As a Seller, the Market is Helping You

There is a lack of inventory on the market, which is good for sellers. As a result, there are few homes to buy, and people are looking for properties currently on the market.

With housing prices on the rise, you might be wondering how it will affect your investment. If you buy a house in Arizona now, how much does it go down in value? Home prices are not expected to decline going forward, but some experts still think they might. According to real estate experts, the good news is that home prices are not projected to decrease. Here's why.

Retirement can be fun in Surprise! 

Surprise Arizona is a great retirement destination for retirees looking to live in an active community with low crime rates and high quality of life.

Surprise also offers many opportunities to participate in community events. These events provide many activities that can promote lifelong learning and healthy living.

The town of Waddell is a small village in the Eastern part of Arizona. It's situated about 50 miles from Phoenix and is a great place to visit if you enjoy the prevalent desert climate without all the traffic and crowds.

This Arizona town is full of natural beauty, and you can find all sorts of different things to do when you come here. White Tanks is a perfect example of this, and it's a fantastic hiking spot that offers everything from serene landscapes to breathtaking views.

If hiking isn't your thing, then don't worry. Waddell still has plenty of other great activities you can partake in when you come here. For instance, there's a fantastic Zoo, Wild Life World Zoo, just down the road, and it's well worth stopping in for a tour.