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Realty Network Group at Realty Executives Blog

Monday, September 30, 2024   /   by Becky Trujillo

Things to do October 2024

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Events:
 

Arizona State Fair 9/20/24 - 10/27/24
https://www.azstatefair.com
 

Schnepf Farms – Pumpkin & Chili Party
https://www.pumpkinandchiliparty.com/ 
 

Spooktacular Hot Air Balloon Festival
https://azspooktacular.com/
 

Oktoberfest
https://fourpeaksoktoberfest.com/
 

Home & Health Show
https://www.northwestvalleychamber.com/newpaged3788ebe
 

Taco Fest – Salt River Fields
https://saltriverfields.com/tacofestatsaltriverfields/

Taco Fest
https://santanbrewing.com/event/santan-taco-fest/
  

9th Annual Italian Festival
https://azitalianchamber.org/event/arizona-italian-festival-italian-association-of-arizona/
 

Jazz Festival
https://azjazzfest.com/
 

Hispanic Heritage Events
https://www.visitarizona.com/like-a-local/viva-la-cultura-experience-hispanic-heritage-month-in-arizona/
 
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  things to do, things to do 2024, things to do in october

Thursday, September 12, 2024   /   by Becky Trujillo

Phoenix Market Update - September 2024

Sellers Get Off the Fence as Mortgage Rates Continue to Drop
Why Recessions are Good for Most Home Buyers, but Not All
 
For Buyers:
It may be hard to believe, but recessions are historically the beginning of a turnaround for the housing market. After enduring more than 2 years of declining sales, sellers and buyers may start moving and transacting again. While recessions are negative for the economy (as they coincide with higher unemployment), two things typically occur that turn the housing market positive.
 
The first is home value stabilization. In every recession since 1970 (except for one infamous recession in 2008) home values had minimal fluctuation and appreciation year-over-year. The second is mortgage rates. Every recession since 1970 saw mortgage rates decline while at least 90% of the labor force remained employed. According to the August employment report from the Arizona Dept of Economic Opportunity, private sector earnings rose 7.3% annually in June, a ...

  phoenix market update, market update, phoenix metro update, september market update 2024

Wednesday, August 28, 2024   /   by Becky Trujillo

Things to Do in September - 2024

Events:
 

Ahwatukee Eats:
https://streetfoodfinder.com/AhwatukeeEats
 
Boots in the park:
https://bootsinthepark.com/locations/tempe-2-day/
 
Home and Garden Show:
https://maricopacountyhomeshows.com/
 
Olive Mill – Grill at the Mill
https://www.queencreekolivemill.com/pages/events-calendar

San Tan- Taco Fest
https://santanbrewing.com/event/santan-taco-fest/
 

Scottsdale Margarita Festival
https://www.eventbrite.com/e/scottsdale-margarita-fest-tastings-included-tickets-934910300877

Fountain Hills – Oktoberfest
https://www.fourpeaksrotary.org/oktoberfest2024
 
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Concerts:
 

George Lopez – Gila River Resorts
https://playatgila.com/show/georgelopez/
 

Luis Fonsi – Wild Horse Pass
https://playatgila.com/show/luisfonsi/
 

Los Lobos – Gila River Resorts
https://playatgila.com/show/loslobos/
 

Morris Day and the/ ...

  things to do, things to do 2024, things to do in september

Friday, August 16, 2024   /   by Becky Trujillo

Phoenix Market Update - August 2024

Mortgage Rates Drop Again - Homes are 10% Off
Record Share of Sellers Paying Buyers’ Fees
 
For Buyers:
On August 5th, everything went on sale in the housing industry. As discussed in last month’s edition, multiple factors are pointing towards improvements in mortgage rates this year. Well, it happened faster than many were expecting at the beginning of August as average mortgage rates dropped abruptly to 6.3% before settling at 6.5%, a significant improvement from last April’s average rate of 7.5%. The net result for buyers was a 10%-11% drop in the principal and interest payments regardless of loan amount. Loans between $300K-$400K saw calculated payments drop from $200-$270 per month, while those between $450K-$550K saw drops between $300-$370 per month.
 
The drop spurred an immediate 16% increase in refinance applications week over week, per the Mortgage Bankers Association, as homeowners who decided to buy and “date” their 7%-8% rat ...

  phoenix market update, market update, phoenix metro update, august market update

Tuesday, July 30, 2024   /   by Becky Trujillo

Things to do August 2024

Events:
 

Prescott Fine Art & Wine Festival
https://mountainartistsguild.org/fine-art-wine-festival/
Hot Wheels – Monster Truck
https://hotwheelsmonstertruckslive.com/event/glendale-az-2024/
 
Park West After Dark
https://www.shopparkwest.com/event/395-park-west-after-dark-every-saturday-6-9-pm
 
ilbert Last Splash                
https://www.gilbertaz.gov/Home/Components/Calendar/Event/12180/
Sebastian Maniscalco
https://www.footprintcenter.com/events/sebastian-maniscalco/
 
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 Concerts:
 

Air Supply
https://playatgila.com/show/airsupply/
 
Chris Brown
https://www.footprintcenter.com/events/chris-brown/
 

Chicago – Footprint Center
https://www.footprintcenter.com/events/earth-wind-and-fire-and-chicago/
 

Gipsy Kings Featuring Nicolas Reyes
https://playatgila.com/show/gipsy-kings- ...

  things to do, things to do 2024, things to do in august

Realty Network Group at Realty Executives
1135 N Recker Rd #102
Mesa, AZ 85205
480-775-7700

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