Window Closing Quickly On Low Mortgage Interest Rates

By Angela Gonzales | Phoenix Business Journal A few weeks ago, mortgage rates were at an all-time low, giving homebuyers a bit of silver lining during this COVID-19 pandemic. But a stampede of homeowners trying to refinance their existing homes overwhelmed mortgage lenders, who didn’t have the personnel to keep up with the applications, said …

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Metro Phoenix Housing Market Gains Billions in Total Value

By Angela Gonzales | Phoenix Business Journal The metro Phoenix housing market’s total value reached $488 billion during 2019, a big gain from the previous year, according to Jeff Tucker, an economist for Zillow. Compared with 2018, the total value of the Valley housing market gained 6.6%, or $30 billion last year. Only one market …

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