phoenix
Is Phoenix Real Estate Headed for Boom or Bust
Phoenix has become one of the hottest real estate markets in the country for the last couple of years. This constant demand for real estate has resulted in almost unprecedented appreciation rates. But as interest rates begin to nudge up, many economists are suggesting the appreciation rates will level off, or even begin to fall. [...]
Phoenix Market Trends
Good news and bad news seem to go hand in hand, and that’s especially true in real estate. The good news is that the national economy is strong; the bad news is that strong economic trends encourage the increase of interest rates. When interest rates go up, home sales go down. When real estate sales [...]