Everything home buyers and sellers need to know to make smart decisions in the Phoenix Market
In this video, we cover the following: 00:00 Announcement of the recent inflation report and its impact on mortgage rates 00:53 Mortgage Rates Today 01:45 Fed Rate today is at 5.5%, and we look at the forecast for the next 12 months. The Fed rate doesn't look like it is going to come down until June 2024 05:04 update on the 10-Year Yield: it took us only 3.6 years to come up from .5% to 4.8% 08:00 - The impact of external events, such as the Middle East conflict, on long-term rates 09:20 Explanation of core and total inflation reports 10:12 Truflation shows that inflation has gone up 20.4% in the last 3 years 12:45 Factors contributing to inflation, including food prices, used cars, medical care, gasoline, and home prices
Suppose you're searching for houses for sale in Phoenix or looking to invest in Phoenix real estate. In that case, you'll appreciate our detailed analysis of Phoenix home median sales prices and the average number of days homes spend on the market. This information will give you an edge in finding the perfect property or making an intelligent investment.
Renters, don't worry – we've got you covered too! Our video delves into the Phoenix rental market, discussing the average rental rates to help you determine the best area to rent a home. Plus, we'll touch on the low number of foreclosures in the Phoenix housing market, indicating a stable and healthy real estate environment.
Lastly, we'll reveal which cities are performing the best in the Phoenix real estate market, giving you a better idea of where to focus your home search or investment efforts.
Don't miss this comprehensive guide to the Phoenix market, Phoenix real estate, and Phoenix housing. Whether you're a first-time homebuyer, a seasoned investor, or just curious about the local real estate trends, this video has something for everyone. Subscribe to our channel and stay informed about the latest Phoenix real estate market developments!
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Source materials in the presentation have been taken from county records, Cromford Report, Redfin, Zillow, Freddie Mac, and the Economic Research at The Federal Reserve Bank of St. Louis. Signature Home Loans LLC does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only.
You should consult your tax, legal, and accounting advisors before engaging in any transaction. Signature Home Loans 1599 E Orangewood Ave Ste 200 Phoenix, AZ 85020. NMLS 1007154, NMLS 210917, and 1618695.
