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 …

Read More Window Closing Quickly On Low Mortgage Interest Rates

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 …

Read More Metro Phoenix Housing Market Gains Billions in Total Value

Promote and Protect Our Industry

By Scottsdale REALTORS® 2019 President David Schmid Perhaps you’ve heard me say, “The REALTOR® marketing channel is fair, level, transparent and effective — for both the seller and buyer.” Our primary job is to promote and protect our industry and its reputation. Travel agents are “gone” because the price of an airline ticket was not, …

Read More Promote and Protect Our Industry