The Phoenix housing market has been hot for years, but recent trends suggest a slowdown in the market. With interest rates rising, days on market increasing, inventory shortages, and hesitancy about the future, there are several factors that contribute to the cooling down of the Phoenix housing market.Interest RatesInterest rates are a critical factor in the housing market, as they can have a significant...
by The Offer Company 
The current state of the Phoenix housing market is a crucial factor to consider if you plan to sell your home. According to statistics from Phoenix Realtors, median home prices have dropped by over 8% compared to the previous year, indicating that the market is cooling off. Additionally, a recent report from Goldman Sachs predicts a decline in housing values by up to 25%, which highlights the uncertainty...
The economic fallout from the orchestrated coronavirus pandemic has been felt in almost every sector of the economy, and the US housing market is no exception. In June 2020, the value of US homes topped out at an impressive $47.7 trillion, but since then there has been a steep decline in both numbers and percentages. According to Redfin, the total value of US homes dropped by $2.3 trillion or 4.9% over the...
by The Offer Company 
Inflation is a term that typically brings up images of prices going up, but it has an impact on many things in the economy. One area of the economy where inflation affects significantly is that of home prices. In this article, we'll explore the relationship between inflation and home prices to gain better insight into how they are connected. Historical Overview It's important to look at past changes in...
by The Offer Company 
As technology continues to progress, so does its impact on the real estate market. In just a few short years, digital services will be more readily available for potential buyers and homeowners alike. This article explores some of the expected changes in the real estate industry by 2023.Technology has been making a significant impact on markets all around the world today, especially in real estate. Digital...
by The Offer Company 
The idea of slavery has been rampant in human societies since the dawn of civilization. It's an obscene form of manipulation and control that robs individuals of their life, labor, time, and money. When our money is tolen, our labor is stolen. When our labor is stolen, our time is stolen. And when our time is stolen, our life is stolen. This stealing of life is what we call slavery and it has been plaguing...
by The Offer Company 
It's been fifteen years since the housing market crash of 2008, and Goldman Sachs is predicting that four US cities are likely to experience a similar crash. According to a report from Goldman Sachs, the cities most at risk are Phoenix, Las Vegas, San Francisco, and San Diego. The report states that these cities have seen an increase in home prices since the last housing crisis due to low mortgage rates...
by The Offer Company 
The housing market in 2023 has already been challenging for many first-time homebuyers, especially millennials. Low inventory levels and rising mortgage rates have left many potential buyers scrambling to find a good deal on a home that meets their needs and budget. In order to make an informed decision when buying a house this year, it's important for potential homeowners to understand current trends and...
by The Offer Company 
Multi-signature wallets are a type of cryptocurrency wallet that provides users with an extra layer of security when it comes to managing their digital assets. With a multi-signature, or “multi-sig” wallet, multiple parties must come together in order to complete a transaction. This can provide users with added peace of mind over standard bitcoin wallets since there is now more than one point of...
by The Offer Company 
As economists, analysts and real estate brokers predict, the housing market in 2023 may be sluggish to begin with as prices of homes, inventory, and interest rates remain stagnant.As the pandemic began, workers no longer had to travel far to get to their offices; however, they yearned for extra space in their homes. Consequently, cheap debt and a persistent need for relocation caused many Americans to go...
by The Offer Company 