A new Phoenix Realtors report shows the Valley housing market stayed largely frozen, with only Scottsdale showing real momentum.
Older tenants say the outage disrupted daily routines and left them asking for relief from rent while repairs drag on.
National mortgage rates remain elevated, with refinance costs also stuck near the mid-7% range.
A practical guide for buyers trying to stretch budgets, compare lenders and lower monthly costs while mortgage rates remain elevated.
A local realtor says dozens of scam videos disappear each week, but new fake rental posts keep replacing them across social media.
Borrowing costs climbed again as Treasury yields, inflation worries and market volatility kept pressure on homebuyers and refinancers.
Bankrate says higher inflation, rising Treasury yields and stubborn home prices are keeping mortgage relief out of reach for many buyers.
Purchase borrowing costs slipped across major loan types, while refinance rates also moved lower in Zillow’s latest national data.
High borrowing costs, bigger down payments and rising prices are pushing many renters to delay or abandon homeownership plans.
Higher borrowing costs kept both refinance and purchase applications sliding, while more borrowers turned to adjustable-rate loans.