Accurate, dependable appraisal services in Maricopa County.It doesn't matter what type of home you have. Our knowledge of local neighborhoods and hours of study as licensed appraisers make us qualified to provide home valuations in Maricopa County for clients ranging from national mortgage companies to local lenders or individual businesses and consumers. Leading appraisal experts for:
Matrix Appraisal GroupMaricopa AppraiserTechnology plays a high profile role in how Matrix Appraisal Group does business. It helps keep prices low while simultaneously achieving high quality and service. And above everything, we are conscious of the importance of professional customer service. Naturally, we treat you like we'd want to be treated ourselves whether we're in person, having a phone conversation or communicating in e-mail. Our objective is simply an unbeatable experience for our customers. See for yourself why we're different. Call us today. Contact Us |
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| Mortgage Applications Don"t Have Much to Lose | ||
| 1/10/2025 4:09 PM | ||
| 2024 has been one of those "it is what it is" sort of years for activity in the mortgage market. There were signs of hope over the summer months as rates fell enough to make for a noticeable spike in refinance activity. But with the rapid reversal starting in October, refi demand is right back in line with long term lows according to th...Read More | ||
| Home Prices Remain The Housing Market"s Biggest Mixed Blessing | ||
| 1/3/2025 2:49 PM | ||
| Blessings, curses, enigmas, paradoxes, etc... The state of home price appreciation in the U.S. is all of the above. The positive case for home prices is as simple as glancing at the most recent update on the two major home price indices (HPIs) released this week by FHFA and Case Shiller. Both agree that homes continue to appreciate at a...Read More | ||
| Mortgage Application Activity Evaporates as Data Catches Up With Rates | ||
| 1/3/2025 2:22 PM | ||
| The Mortgage Bankers Association (MBA) didn"t publish updated weekly application numbers last week, which meant that this week"s data had to play catch up with any changes in market conditions. Even as early as December 18th--the last time the application data came out--the writing was already on the wall due to the rate spike that followed t...Read More | ||
| Pending Home Sales at Highest Level in Almost 2 Years | ||
| 12/30/2024 2:11 PM | ||
| The National Association of Realtors (NAR) releases monthly reports on both existing and pending home sales. The latter tracks signed purchase contracts that have not yet closed. As such, it"s seen as a good early indicator of existing home sales in the following month. The housing market would take any help it can get at the moment and Nove...Read More | ||
| New Homes Sales Bounce Back After Hurricane Season | ||
| 12/23/2024 2:08 PM | ||
| Those who spend any time digging into home construction and home sales figures in the U.S. know that, of the 4 census divisions, the South accounts for about twice as much activity as the other 3 regions combined. For example, in data released today for the month of November, the South accounted for an annual pace of 417k new home sales out o...Read More | ||
| Highest Existing Home Sales Since March | ||
| 12/19/2024 2:33 PM | ||
| Just in time for the big jump in interest rates seen after yesterday"s Fed announcement, the latest Existing Home Sales data from the National Association of Realtors (NAR) shows sales at the highest seasonally adjusted pace since March. Compared to the same time last year, sales are up 6.1%--the best year over year improvement since June 202...Read More | ||
| Modest Refi Surge Was Fun While it Lasted | ||
| 12/18/2024 3:06 PM | ||
| Heading into the first part of December, mortgage rates were at their lowest levels in a month and a half. Much of the improvement from the recent highs occurred in a single week (the last week of November). That made for an obvious and logical uptick in refinance applications the following week, according to the Mortgage Bankers Associ...Read More | ||
| Highest Building Permits Since February Despite Slower Housing Starts | ||
| 12/18/2024 2:40 PM | ||
| The Census Bureau releases its report on New Residential Construction each month which offers 3 key metrics: building permits, housing starts, and housing completions. Of those, the first two are most closely watched. There is typically a solid buffer between permits and starts. After all, housing construction cannot "start" unless it ...Read More | ||
| Builder Confidence Remains Low, But Sales Expectations Are Increasing | ||
| 12/17/2024 2:24 PM | ||
| The National Association of Home Builders (NAHB) and Wells Fargo publish the Housing Market Index (HMI) each month. The industry refers to this as "builder confidence" and December"s number came out today. It was right in line with November"s, and it suggests builders are increasingly honing in on a relatively gloomy baseline in the bigger picture....Read More | ||
| Mortgage Applications Surge (Relatively) as Rates Drop (Relatively) | ||
| 12/11/2024 2:08 PM | ||
| The Mortgage Bankers Association is out with the latest survey of mortgage applications and refinance activity led the charge this week. In fact, purchase activity declined a bit and refis saw their best weekly gains since September. The following chart shows the week over week change in the refi index: At first glance, it would be easy to...Read More | ||