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 […]