Mark Markham - Professional Realtor

05/27/2023

Back on the market, a must see!

05/25/2023

RealtyOneGroup presents an Open House Saturday 11-2pm
Back on the market and priced to sell!

Live in this adorable 4-bed, 2-bath residence with a 3-car garage and a large front yard! Pristine interior boasts a sizable living/dining room, vaulted ceilings, elegant light fixtures, glossy tile flooring, plantation shutters, and recessed lighting. Gather around the cozy fireplace in the great r...

04/09/2023

He Has Risen!

08/03/2020

U.S. Homeownership Rate Soars To An Almost 12-Year High

The U.S. homeownership rate soared to an almost 12-year high in the second quarter as low-interest rates allowed more Americans to qualify for mortgages.

The homeownership rate jumped to 67.9%, the highest since 2008’s third quarter, from 65.3% in the prior quarter, the Census Bureau said on Tuesday. The reported noted a change in methodology that could have impacted the numbers: Because of the COVID-19 pandemic, in-person interviews were suspended and most of the survey was conducted by telephone, the release said. The homeownership rate for Black Americans rose to 47%, the highest since 2008, from 44%, the report said. A year ago, the rate for Black families was the lowest ever recorded.

05/18/2020

Hello Everyone,

I hope you are doing well and safe.
These are uncertain times we are living in but we will press on with hope and promise. The good thing about staying home is a lot of homeowners are doing home improvements which will increase their home values.

I am reaching out to let you know that it is still a great time to buy or sell. Interest rates are still at an all time low! If you are thinking about how you might want to do something like that and you are not quite sure where to start, give me a call and I can talk you through it. I also have experience in buying and flipping or if you want to have rental properties and have more security with your retirement, nows the time to start, I have 22+years personal experience.

As a Realtor, I am committed to your safety first,
taking all precautions with sanitizer, face masks and gloves. We can also do virtual tours. I have put together a team of experts to help you in all aspects of your transaction.

If you should have any questions, please call, text, email or message me on messenger.

Thank you,

Mark Markham
602 373-0309
RealtyOneGroup
17555 N Perimeter Dr
Scottsdale, Az 85255.

05/18/2020

Mortgage rates continued to trend lower this week. Small business optimism declined, but less than expected. The consumer price index indicated inflation has slowed. New purchase mortgage application submissions increased, and refinance mortgage application submissions declined. Jobless claims continue to climb. Retail sales declined, as expected. Job openings started to reflect coronavirus-related closures. Consumer sentiment rebounded slightly.

09/13/2019

For the Week Ending September 13, 2019

Please enjoy this quick update on what happened this week in the housing and financial markets.




THE ECONOMY
Consumer borrowing was up $23.3 billion in July, the biggest monthly gain since Nov. 2017. The increase pushed total consumer credit to a record $4.1 trillion.
Despite forecasts of a looming recession for 2020, economic data and the labor market continue to show strength.
The Fed will meet next week. Last month's meeting produced the first policy rate cut in 10 years, and speculation continues now for a second.


HOUSING NEWS
Mortgage applications to purchase a home increased 5% last week and were 9% higher than the same week a year ago. Total application volume rose 2%.
Inventories grew tighter in August, strengthening competition in the market. However, median listing prices saw their largest July-to-August drop since 2012.
The Treasury released a plan last week to recapitalize mortgage giants Fannie Mae and Freddie Mac and to release them from government conservatorship.


WORD OF THE DAY
"Superstition sets the whole world in flames, but philosophy douses them."
Voltaire



Rate movements and volatility are based on published, aggregate national averages and measured from the previous to the most recent midweek daily reporting period. These rate trends can differ from our own and are subject to change at any time.

01/09/2019

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Beautiful Townhouse in Glendale!

10/23/2018

Beautiful Home in Goodyear!