What Do I Need To Know About Higher Interest Rates As A Buyer?
Mortgage interest rates have risen dramatically over the last several months. If you’re like many buyers who have hit the pause button waiting for rates to go back down, you may do yourself a disservice as the influx of newly available homes is providing buyers with many more homes from which to choose as well […]
Weathering a Recession with Smart Real Estate Investments
With inflation at a 40-year high, interest rates on the rise, and continued supply chain issues, the economy is struggling to gain resiliency in a post-pandemic world. With all of this pressure on the economy, fears that a recession is impending are becoming the talk of economists, talking heads, and around the water cooler. Here […]
Investing in Real Estate is one of the Best Hedges Against Inflation
As a result of inflation’s persistence in the economy, the sticker shock for most essential resources we depend on such as electricity, food, and gas make it more difficult for families across the country to afford, well, life. The annual inflation rate accelerated to 8.54% this month, the highest since 1982. Inflation isn’t anything new […]
What Rising Mortgage Rates Mean for Phoenix Home Buyers
The rock bottom interest rates that were a welcome reality over the last few years are now gone. As a result of inflation, everything costs more these days, including mortgage loans, which have risen dramatically. For the first time since the financial crisis in 2008, average mortgage rates are higher than 5%. The Fed is […]
Best Places to Find Affordable Homes in Phoenix
Phoenix has long been recognized as the place to go if you want to buy a house at a reasonable price. With year-round sunshine, stunning desert landscapes, vibrant southwestern culture, and cuisine, the Phoenix metroplex is one of the most sought-after cities in America for relocation. Many Phoenix neighborhoods offer inexpensive housing and strong employment […]
Top 5 Phoenix Housing Trends To Watch
So far, 2021 has been a wild ride for Phoenix real estate. The pandemic-fueled housing market changed a lot of things; skyrocketing home prices, increased competition between buyers, the speed of snatching property off the market, and the reasons people are moving to new cities and buying homes. At Halpern Residential, we stay on top […]