For more than two years house prices have been increasing faster in metro Phoenix than in any other city in the S&P/CoreLogic Case-Shiller Home Price Index. The median single-family house price in metro Phoenix increased $100,000 in 2021 and is continuing to increase crazy fast in 2022, according to Phoenix MLS data. #1 Reason For
Patrick T. Fallon | Bloomberg | Getty Images As interest rates tick upward, it may be tempting for homebuyers to explore adjustable rate mortgages. The appeal of an ARM, as it’s called, can be the lower initial interest rate compared with a traditional 30-year fixed-rate mortgage. However, that rate can change down the road —
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Larry Wiemer II took over last month as executive director of the Wisconsin Health and Educational Facilities Authority after three decades working in key financial roles for healthcare providers and other not-for-profits. The agency conducted a national search to fill the shoes of Dennis Reilly who spent 26 years at the state conduit including the
Municipals were mostly steady to close out the week, but the 30-year U.S. Treasury ended lower than the entire short end of the curve,increasing fears about the rising possibility of a recession, while equities ended in the black. Triple-A municipal yield curves were relatively stable, while the two-, three-, five- and seven-year UST ended higher
On Friday, Bitcoin (BTC) mining company PrimeBlock announced that it is merging with special purpose acquisition vehicle (SPAC) company 10X Capital Venture Acquisition Corp II. The deal places PrimeBlock at an enterprise value of $1.323 billion and is expected to close in the second half of the year. The company has installed 1.8 exahash per
In this article GME GameStop shares surged in extended trading Thursday after the company said it planned to implement a stock split. The video game retailer said it will seek stockholder approval at its next shareholder meeting for an increase in the number of Class A common stock from 300,000,000 to 1,000,000,000 to partly conduct
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 29, 2022. Brendan Mcdermid | Reuters The stock market is heading into what promises to be a volatile second quarter, but April is traditionally the best month of the year for stocks. The major indices were higher
Following the successful completion of its initial parachain auctions, the Polkadot (DOT) ecosystem has begun to gain traction with the cryptocurrency community as the first chains begin to come online and integrate with yh Ethereum (ETH). Astar (ASTR) is one such Polkadot-based project that finished off the month of March on a hot streak after
With its red tile roof, hand-planed walnut floors and white walls, this home in the Scottsdale-Phoenix area of Arizona is characteristic of the Santa Barbara style – a mix of Mediterranean and Spanish Revival architecture. Set on 1.5 acres in Paradise Valley, the classic residence combines handcrafted details and authentic materials. Reclaimed hand-hewn beams from
Congratulations! You did it! You graduated college and got your degree. But once all the college graduation parties and final hangouts with your friends come to an end, it’s time to hesitantly glare into the next phase of your life. It’s time to get your first apartment. A lot of us know roughly where we
The Senate Thursday was close to a deal for a $10 billion COVID bill that appears to avoid a claw back of unspent pandemic funds sent to the states last year. Utah Republican Sen. Mitt Romney, the chief Republican negotiator, said Thursday that the bill relies on unspent dollars in the $1.9 trillion American Rescue
Municipals were better Thursday as triple-A benchmark yields fell while U.S. Treasuries were mostly steady and equities ended down. Triple-A municipal yield curves saw one to four basis point bumps. . Muni to UST ratios were at 82% in five years, 94% in 10 years and 104% in 30, according to Refinitiv MMD’s 3 p.m.
Bitcoin’s (BTC) rally is taking a breather near the 200-day simple moving average (SMA) and that has resulted in what is either a minor pullback or consolidation in BTC and select altcoins. In the last few days, Terraform Labs has been on a Bitcoin buying spree. The wallet address speculated to be that of Terra,
Bitcoin miner Cleanspark has revealed the company is expanding operations in Texas with up to 500 megawatts (MW) of renewable power. The firm has inked a deal with the Houston-based Lancium to initially secure 200 MW of Lancium’s renewable power and has the option to obtain 300 MW more going forward. Cleanspark Reveals Plans to
Kyle BassThe Russia’s unprovoked war against Ukraine is not a death knell for globalization but should be a wake-up call about the risks of investing in countries that aren’t democracies, Texas hedge fund manager Kyle Bass said on CNBC on Thursday, “You don’t have to paint it with that broad of a brush,” the founder
In this article BIDU A pedestrian wearing a protective mask walks past a Walgreens store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Walgreens — The drug store chain fell about 5% after the company reported its quarterly results. Despite recording a
Volatility is back in full force in the cryptocurrency market and the price of Bitcoin (BTC) has undergone several $1,000 swings over the past few days and select altcoins have seen their prices surge to new highs after major announcements. The big winners on March 31 include protocols that focus on interoperability between the major
Aspen’s spring market remains strong, with eager buyers bidding on what few properties are available. Inventory, particularly new construction, is so low that buyers are now looking at older properties to update and renovate. Ann Abernethy, a broker associate at Slifer Smith & Frampton Real Estate in Aspen, offers an on-the-ground look at current market
Getty Images For most Americans, the surging cost of living is weighing heavily on their wallets. “Wage growth has failed to match the dizzying pace of rising prices, which the Federal Reserve has effectively identified as ‘monetary policy enemy No. 1,'” said Mark Hamrick, senior economic analyst at Bankrate.com. After the Fed raised interest rates for the