The Hankerson Team

10/02/2026

The Metro Phoenix Supply-Demand Ratio Dips to its Lowest Point in Years

09/24/2026

Had a great time last night at W.E. O'Neil. Even won a door prize :)

09/24/2026

Price Reduction Ground Level McCormick Ranch Condo $439,900

Online Flipbook created with Publuu Flipbook Maker.

09/11/2026

Mortgage rates had a pretty rough day yesterday. But this is exactly why I don't quote mortgage headlines to borrowers.
Around 12:30 this afternoon, I received a lender notice that mortgage pricing had just worsened. At almost the same time, Mortgage News Daily reported its average 30-year fixed rate had climbed to 7.07%.
About 20 minutes later, I received an updated wholesale rate sheet.
The 30-year conventional rate sheet was showing 6.625% with base pricing above par.
That does not mean everyone qualifies for 6.625%. Credit, down payment, property type, occupancy, loan amount and other factors can change the final pricing.
But it does demonstrate something important.
The mortgage rate in today's headline is not necessarily the mortgage rate available to you.
As a mortgage broker, I can compare actual pricing from multiple participating lenders based on the borrower's specific situation.
On a day when the headlines looked pretty ugly, I thought the actual rate sheet was considerably more encouraging.
Michael Hankerson (NMLS # 2664119)
Mortgage Broker | 602.770.7205
First Link Mortgage (NMLS # 2527988)
Branch ID 2565384
Equal Housing Opportunity

09/08/2026

As expected, Metro Phoenix home sales were slow in August.
Summer is traditionally one of the slower periods for Arizona real estate. Temperatures frequently exceed 110 degrees, many of our winter visitors are out of town, and overall activity normally slows.
A total of 3,602 single-family detached homes sold in August, compared with 4,210 in July and 3,780 in August of last year.

As expected, Metro Phoenix home sales were slow in August. Summer is traditionally one of the slower periods for Arizona real estate. Temperatures frequently exceed 110 degrees, many of our winter visitors are out of town, and overall activity normally slows. A total of 3,602 single-family detached....

09/08/2026

The premium Scottsdale and Paradise Valley hotel market continues to show strong pricing power, improving occupancy and meaningful RevPAR growth. For the DC Ranch hotel site, that performance provides important market context for evaluating a higher-quality full-service hotel opportunity in North Scottsdale.

08/30/2026

The Arizona luxury market continues to surprise me.
We have already had 53 homes sell for more than $10 million this year and 17 sell for more than $14 million, both new records.
At the same time, some properties are selling for significantly less than their original asking prices.
That is why I spend so much time tracking not just what is listed, but what actually sells and at what price.
At these price points, good market knowledge and strong negotiation can make a very large difference.

08/19/2026

Hotel Value A Rigorous Framework for Underwriting, Valuation, and Value Creation.

Hotel Value A Rigorous Framework for Underwriting, Valuation, and Value Creation

08/16/2026

The Best Home Loans For Medical Professionals!

Finished Residency? Starting Your New Physician Position? Ready to Buy a Home? You have the new job. You have the employment contract. Your income is about to look very different than it did during residency or fellowship. But if you're trying to buy a home, your previous income and medical-school d...

08/15/2026

Are you an investor looking for financing? https://newhomes-az.com/bridge-loans-for-fix-and-flip-investors/