Homes Linger on the Market as Buyers Take Their Time

inbusinessPHX.com

The total number of homes for sale rose 18% from a year earlier during the four weeks ending December 25, the biggest increase since at least 2015, according to a new report from Redfin, the technology-powered real estate brokerage. Inventory is up even though new listings are down by double digits because homes are taking a long time to sell amid 6%-plus mortgage … [More]

Barrett-Jackson Scottsdale Auction to Offer Spectacular Docket Featuring Highly Desirable Resto-Mod Ford Broncos and Chevrolet Blazers

inbusinessPHX.com

Barrett-Jackson, The World’s Greatest Collector Car Auctions, is highlighting the unprecedented demand for Resto-Mod SUVs with an array of spectacularly built Ford Broncos and Chevy Blazers as part of the 2023 Scottsdale Auction at WestWorld of Scottsdale, January 21-29, 2023. Among the most impressive builds crossing the auction block with No Reserve include a custom 1970 Ford … [More]

Annual U.S. Mortgage Delinquency Rate Falls for 19th Straight Month

inbusinessPHX.com

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for October 2022. For the month of October, 2.8% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 1 percentage point decrease … [More]

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