Monthly Archives: October 2013

Still a Seller’s Market? Not for Long!!!!

According to Michael Orr of Arizona State University WP Carey School of Business, at an ARMLS “Engage” Conference held yesterday in Phoenix, we will reach a balanced market in exactly 9 days.  By balanced market he means neither a Buyer’s nor Seller’s market.  As a statistician who tracks daily sails trends, he has noted the […]

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Are we still heading towards 5% mortgages? Lyn Trayte 602-739-0095

A CNN Money article posted recently had some possible good news for buyers who have been hesitating due to rising interest rates.  Last Wednesday, the Federal Reserve announced that it would NOT start tapering it’s purchases of mortgage-backed securities & Treasury bonds.  With prior concerns over reduced bond buying programs, rates on 30 year fixed […]

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