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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| Refi Demand at 3 Month High Thanks to Lower Rates | ||
| 2/14/2025 1:47 PM | ||
| In this week"s update on mortgage applications from the Mortgage Bankers Association (MBA), purchases continued a modest retreat but refinance demand improved for the 2nd week in a row. This was just barely enough for the Refi index to hit the highest levels since October 2024. The uptick makes sense in light of the mortgage rate situation last ...Read More | ||
| Refinance Applications Tick Back Up as Rates Play Ball | ||
| 2/5/2025 2:35 PM | ||
| There are two main styles of measurement when it comes to keeping track of mortgage rates: daily and weekly. Sometimes, the differences in methodologies mean that two reputable sources can convey seemingly incongruent conclusions. Other times, both the granular and general data agree. This is one of those times. Whether we"re loo...Read More | ||
| Pending Home Sales Pull Back From Best Levels Since April 2023 | ||
| 1/30/2025 2:24 PM | ||
| The National Association of Realtors (NAR) released its Pending Home Sales Index (PHSI) for December this morning. Pending sales measures the number signed purchase contracts for existing homes. As such, the index is a good early indicator for Existing Home Sales in the coming month. Pending sales dropped 5.5% from last month, which was the ...Read More | ||
| Home Price Appreciation Ran Just Above Expectations in November | ||
| 1/28/2025 2:22 PM | ||
| Both S&P Case-Shiller and the FHFA released national home price indices this morning. In both cases, November"s prices were slightly higher than expected. For the Case Shiller data, this meant that prices declined less than expected. Unlike FHFA prices, Case Shiller is NOT seasonally adjusted--something that is immediately apparent when ...Read More | ||
| Existing Home Sales Inch Up to Highest Levels Since February | ||
| 1/24/2025 2:16 PM | ||
| It"s no mystery that 2024 hasn"t been a stellar year for home sales and many other housing metrics. Today"s release of December"s Existing Home Sales from the National Association of Realtors (NAR) confirmed that. Bad news first: with December in the books, 2024 goes down as the worst year for existing sales since 1995, just barely edg...Read More | ||
| Highest Purchase Applications in a Year? Technically, Yes | ||
| 1/24/2025 1:52 PM | ||
| The Mortgage Bankers Association"s (MBA) weekly mortgage application survey showed a modest decrease in refinance applications and an even more modest increase in purchase applications. At these levels of movement, it"s just as fair to say that applications generally held steady. That"s a good thing for purchases considering last week was already ...Read More | ||
| Homebuilder Confidence Consolidation Continues | ||
| 1/17/2025 2:40 PM | ||
| While it would be technically accurate to point out a slight increase in January"s homebuilder confidence (officially the National Association of Homebuilders Housing Market Index or HMI ), the type of movement we"ve seen in the past 2 years is better characterized as "incidental" in the bigger picture. As with most housing-related metrics, HMI p...Read More | ||
| Housing Construction Bounced Back in December Thanks to Multifamily Sector | ||
| 1/17/2025 2:16 PM | ||
| The US Census Bureau released its New Residential Construction report for December today. The report measures building permits, the start of the construction process (housing starts), and housing completions. While construction has definitely been running well below the highs seen 3 years ago, it continues to operate just above pre-pandemic ...Read More | ||
| Mortgage Applications Improved Even as Rates Moved Higher | ||
| 1/15/2025 2:13 PM | ||
| There hasn"t been meaningful change in economic data that measures activity in the housing and mortgage markets. In a nutshell, activity has been drifting along at long-term lows. The weekly survey of mortgage application activity from the Mortgage Bankers Association (MBA) is no exception, for the most part. Refinancing picked up in t...Read More | ||
| 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 | ||