Monthly Archives: June 2014

Housing Reports to Watch

Monday, June 23rd, the National Association of Realtor published it’s existing-homes sales statistics for May, which rose 4.9%.  It was the biggest gain since 2011, and a back to back increase from April, when sales rose 1.5%.  The figure was good news, not only for the housing market, which looked stalled in march, but for […]

Read More

Continuation of School Override might go to Fountain Hills Voters:

The Fountain Hills Unified School District governing board will vote Wednesday, June 25th on whether to ask voters to continue paying a property tax that funds technology, textbooks & furniture.  The district currently has a property tax called a “capital override” which voters approved in 2007 which pays mostly for items inside school buildings, not […]

Read More

Improving Economy Bumps Up Mortgage Rates

Signs of an improving economy boosted fixed mortgage rates this week, market reports show.According to Freddie Mac, the average rate on a 30-year fixed-rate mortgage was 4.20 percent (0.6 point) for the week ending June 12, an increase of 6 basis points from last week’s report. Last year, the 30-year fixed-rate hovered just below 4.0 […]

Read More

3 reasons right now is the best time to buy a home.

  The advantage is on the buyer side!!! There has never been a better time to buy a home this year.  And yet despite three major advantages for homebuyers, sales so far have been slow. Buying is cheaper than renting in most markets. And with mortgage activity down, originators, one would think, would be bending […]

Read More