West Valley Appraisal Services "Certified Residential Appraiser"

08/15/2024

Mortgage Rates Dip Back Below 6.5%

03/06/2024

Mortgage rates are driven by movement in the bond market. Bonds can move for several reasons at any given moment, but a key consideration these days is the tone of the regularly scheduled economic data.

When it comes to data, some reports are more important than others. We witnessed this last week when Thursday and Friday's reports provided the only exciting moments of the week. Fortunately, both were in favor of lower rates.

This week's economic data is incrementally more meaningful than last week's, and that's especially true of Friday's big jobs report. But today's report on the strength of the services sector is a reliable supporting actor when it comes to data having an impact on rates. Here too, data was friendly

Not only did the report show slightly more weakness than expected in the services sector, but it highlighted an even faster downshift in the pace of price increases. It also suggested contraction in the services sector labor market--a point worth considering as Friday's jobs report approaches.

02/28/2024

One of the downsides of rates being very close to the highest levels in months is that it doesn't take much of nudge to hit new highs. That was ALMOST the case today as the average lender moved just slightly higher compared to yesterday's latest levels. The average borrower might not see much of a detectable difference in loan quotes in the past 24 hours, but it was just enough to push 30yr fixed rates very close to the highest levels since November 2023.

There were no interesting or obvious catalysts for the move, nor would we expect there to be when it comes to the level of volatility seen on almost any day of the past 2 weeks.

A top tier, conventional 30yr fixed scenario is now well into the 7% range for the average lender. While this is still far below the multi-decade highs seen in October, it's noticeably higher than the end of 2023 when lenders were closer to the 6.625% level.

While we'll have to wait until next week for the most important economic data (the stuff with the biggest chance of causing rates to rise or fall) the next few days provide a few supporting actors. These economic reports could create a bit more movement than we've seen in the past two weeks, but that depends entirely on how far they fall from forecasts.

02/04/2024

Check this property out.

01/26/2024

Why Choose West Valley Appraisal Services?
How do we do more in less time and keep our fees reasonable without cutting corners on quality? Our reply is simple: Technology. And above everything, we keep in mind the importance of personalized customer service. You'll be shown the utmost respect in all aspects of working and communicating with West Valley Appraisal Services. It all adds up to an unsurpassed experience for our clients. Call or Text 602.717.8450 today for a quote. Veteran / Military Discounts!! Keep in mind we service ALL of Maricopa county and some Pinal.

Call now to connect with business.

10/06/2022

Realtors & Home Owners, is your listing not getting the showings you expected? Get a professional appraisal to validate the square footage and get an accurate non-biased opinion of current market value. Having that validation in your listing gets results!!

Contact us today at 602-717-8450
www.wvas.biz

Call West Valley Appraisal Services to provide high-quality appraisals on a wide assortment of residential real estate in Maricopa County. (602-717-8540) call or text.

07/08/2022

The Real Estate Market is Changing!
Hire a professional real estate appraiser now to stay ahead of the change and help your seller's understand the change. Get a realistic market analysis. In addition to having the home professionally measured to FANNIE / FREDDIE ANSI Z765-2021 standards for lender accepted livable square footage.
Read my current blog: https://wvas.biz/MyBlog
Contact us more more information on letting us help you communicate the market change to your sellers.
https://www.westvalleyappraisalservices.com

For reliable appraisals you can trust in Peoria, Phoenix, Glendale, El Mirage, Goodyear, Surprise, Wittmann, Litchfield Park, Avondale, Waddell Tolleson, and all of Maricopa County, trust West Valley Appraisal Services, LLC. 602-717-8450

06/30/2022

The Real Estate Market is Changing!

Hire a professional real estate appraiser now to stay ahead of the change and help your seller's understand the change. Get a realistic market analysis. In addition to having the home professionally measured to FANNIE / FREDDIE ANSI Z765-2021 standards for lender accepted livable square footage.

Read my current blog: https://wvas.biz/MyBlog

Contact us more more information on letting us help you communicate the market change to your sellers.

https://www.westvalleyappraisalservices.com

For reliable appraisals you can trust in Peoria, Phoenix, Glendale, El Mirage, Goodyear, Surprise, Wittmann, Litchfield Park, Avondale, Waddell Tolleson, and all of Maricopa County, trust West Valley Appraisal Services, LLC. 602-717-8450

04/21/2022

Do you need an appraisal for divorce, estate, or for potential listing? If so, let us show you why we can provide a first-class appraisal experience.

If you are considering an appraisal for your home, check out our website. We have unlimited direct knowledge-based pages in our menu to become educated on the appraisal process.

Oh, we offer Military Discounts!

www.wvas.biz
www.westvalleyappraisalservices.com

Call West Valley Appraisal Services to provide high-quality appraisals on a wide assortment of residential real estate in Maricopa County. (602-717-8540) call or text.