Desert Ridge Phoenix Homes

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31 08, 2016

Luxury Home Sales: The Impact of The Stock Market

By |August 31st, 2016|Desert Ridge Phoenix Homes, Desert Ridge Real Estate, jane e daley, Luxury Valley Homes, phoenix real estate|0 Comments

Luxury Home Sales - In a recent article, CoreLogic looked at the correlation between stocks and the sales of upper-end properties ($1 Million plus sales price). The report revealed: The powerful ‘wealth effects’ generated by the rapid rise in equities between 2009 and 2015 drove a large rise in the sales of homes that sold [...]

6 08, 2016

Mortgage Rates August 2016: Near All Time Low – Desert Ridge Real Estate

By |August 6th, 2016|Buying, Desert Ridge Phoenix Homes, Desert Ridge Real Estate, Finance, jane e daley, jeff daley, luxury valley homes Phoenix|0 Comments

Mortgage Rates August 2016: Average fixed mortgage rates declined after nudging slightly higher for three consecutive weeks, according to the recently released Freddie Mac Primary Mortgage Market Survey® (PMMS®). Mortgage Rates August 2016 The 30-year fixed-rate mortgage (FRM) averaged 3.43 percent with an average 0.5 point for the week ending August 4, 2016, down from [...]

1 07, 2016

Gap Narrows Slightly: Between Homeowner and Appraiser’s Opinions

By |July 1st, 2016|Desert Ridge Phoenix Homes, Desert Ridge Real Estate, jane e daley, jeff daley, luxury valley homes Phoenix|0 Comments

Gap narrows slightly - In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. One major challenge in such a market is the bank appraisal. If prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the neighborhood that closed [...]