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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| New Home Sales at 3 Year High, Maybe... | ||
| 5/23/2025 2:07 PM | ||
| The Census Bureau reported New Home Sales for April today, and at face value, the news is good. Economists expected an annual pace of 692k, but were instead treated to a surprisingly high 743k--just edging out 3 of the best months over the past 3 years. Unlike many of the other reports we cover, there"s really no glaring counterpoint when ...Read More | ||
| No Major Change For Existing Home Sales | ||
| 5/23/2025 1:17 PM | ||
| Two months ago, existing home sales came in at the highest levels in a year according the the National Association of Realtors (NAR). Last month"s report showed a fairly sharp decline to 5 month lows. The latest data, out this week is less sensational by comparison. Granted, we can now technically say that existing sales are at 6 month lows, but t...Read More | ||
| Mortgage Demand Impacted by Rising Rates | ||
| 5/23/2025 12:39 PM | ||
| The Mortgage Bankers Association"s (MBA) weekly application survey has been doing a good job of tracking with the more granular daily rate data from MND. Both are in agreement that rates were on their way up to the highest levels in several months last week--a fact that seems to have taken a toll on both purchase and refinance applications. “Mortg...Read More | ||
| Housing Starts Buoyed By Multi-Family Sector | ||
| 5/16/2025 3:11 PM | ||
| The Census Bureau is out with monthly construction numbers for April showing an uptick in construction activity offset by slightly lower permitting. While there are several other metrics in this report, building permits and housing starts (which measures when construction actually begins) are the two that are most widely followed. As seen in...Read More | ||
| Builder Confidence Near Post-Pandemic Lows, But Timing is Everything | ||
| 5/16/2025 2:52 PM | ||
| The National Association of Homebuilders (NAHB) and Wells Fargo released the monthly Housing Market Index (HMI) this week, showing builder confidence falling to the lowest levels since 2023. This is about as low as the index has been since the housing crisis more than a decade ago. While persistently high interest rates remain a top concer...Read More | ||
| Purchase Demand Moves Back Toward 2 Year High; Refis Hold Steady | ||
| 5/16/2025 1:16 PM | ||
| Home purchase demand improved improved last week according to the MBA mortgage application survey. The improvement over the previous week was fairly modest, but the index was already the 4th highest reading of the past 2 years. Now it"s the 5th highest and the latest update takes its place, moving within striking distance of longer term highs...Read More | ||
| Home Price Appreciation Remains, But Interesting Trend Emerges | ||
| 5/2/2025 2:00 PM | ||
| Both of the major purveyors of home price indices have been in agreement for the better part of a year that the average home is appreciating between 4 and 5 percent per year. The FHFA House Price Index showed only a 0.1% uptick in February while the Case Shiller Home Price Index rose 0.7%. In annual terms, Case Shiller was at 4.5...Read More | ||
| Mortgage Applications Contract Slightly, But Remain Above 2 Year Average | ||
| 5/2/2025 1:28 PM | ||
| Mortgage rates were in the process of falling by the end of last week, but they made additional headway during the first half of the present week. That means this week"s mortgage application survey from the Mortgage Bankers Association (MBA) may be reflecting hesitation due to the elevated rates at the beginning of last week. The chart...Read More | ||
| Existing Home Sales at 5 Month Lows | ||
| 4/25/2025 2:54 PM | ||
| As is the case for the monthly data on New Home Sales from the Census Bureau, the National Association of Realtors (NAR) Existing Home Sales report does not make for exciting news these days. It"s not that the news is tragic or alarming either. It just sort of... is. Whereas New Home Sales have been able to hold sideways near their pre-covid...Read More | ||
| New Home Sales Running Near Highest Pace Since 2022 | ||
| 4/25/2025 2:19 PM | ||
| The Census Bureau released March New Home Sales data this week, and it was near the best levels seen since early 2022. Before you get too excited about that, a caveat is in order. Simply put, when it comes to housing market data, nothing has been more uneventful than new home sales over the past few years. The chart tells th...Read More | ||