Arizona Real Estate update 8.8.2022
Six months ago some had the opinion, 'this time is different. Their primary argument was that supply didn't exist so housing prices could not fall that significantly. I…
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Arizona Real Estate update 8.1.22
People are still slashing their listing prices. It increased to its highest level this week, 4,172. This will continue to put huge downward pressure on prices. We have…
Arizona real estate weekly update 7.25.22
Call me crazy...But I believe affordability is the primary driver of housing prices. Mortgage rates determine payment. And payment determines affordability. This is rough rough rough math. But…
Arizona real estate weekly update 7.18.22
Price cuts continue to accelerate. Sellers are panicking. Typical at the top of a bull run. This is not good for housing prices. Inventory and months of supply…
I Bonds don’t yield 9.62% – It’s actually 10.49%
The publicly advertised rate for I Bonds according to the Treasury Direct website is 9.62% if they were or are purchased between May and October of 2022. But…
