Matt Pennington's Blog Posts

Matt Pennington's Blog Posts

Housing Experts Predict Further Price Growth In 2018
The housing experts are predicting continued growth in 2018! Is there a home purchase in your 2018 New Year's Resolution? Housing experts in the United State are increasing th...

Next For Downtown Tempe
More Growth out of Tempe and more Tech for Arizona. Article originally posted on Phoenix Business Journal on June 15, 2017Greg Weaver says downtown Tempe has exactly what all those...

Rising Rates
Great update on rates from Alan Polson at New Penn Financial, LLC.  Actions are starting to match words. For the second time in three months, the Federal Reserve raised the fe...

Phoenix Metro NUMBER 1 For 2017
Phoenix is projected as the top housing market in the country for next year, according to a new forecast report by Realtor.com.The real estate group expects Phoenix housing to see ...

Fed Hikes Rates What Is The Mortgage Impact
The Federal Reserve hiked short-term interest rates Wednesday, in a move largely predicted by economists. So, what does this mean for mortgage rates and buyers?First off, the Fed d...

US Treasury Note Up Will Mortgage Rates Follow
The yield on the 10-year U.S. Treasury note has soared nearly 40 basis points to 2.25%. The yield hasn’t been this high since early January.And as the 10-year note goes, so, too,...

First Time Home Buyers Drive Housing Gains
Existing-home sales rebounded in September as first-time home buyers flooded the market. Sales to first-time home buyers topped a 34 percent share in September, the highest in more...

City Of Gilbert 2nd Safest In The Nation
Gilbert, Arizona once again voted the 2nd Safest City in the United States! According to Law Street Media for cities with a population over 200,000. This is the 4th time Gilbe...

Market In A Minute
The Fed voted not to raise policy rates at this week's meeting, but did leave the door open for a hike before the end of the year. Odds currently favor December.Stocks rallied on t...

Fall Housing Continues To Look Strong
Home sales are retaining momentum as we push into fall.The NAR’s Pending Home Sales Index posted at a respectable 111.3 for July, a 1.3% increase over June’s reading of 109.9. ...

HOW MUCH YOUR HOME IS WORTH
As home prices rise, home owners equity is growing at the fastest quarterly rate since 2013, according to the National Association of REALTORS® Economists’ Outlook blog. Th...

1 And Quarter Acre Horse Property
Looking for a acreage horse property in the Phoenix East Valley? Check out this beautiful home! Three Bedroom , two bathroom split floor plan with amazing upgraded kitchen. Br...

Real Estate Safety And You
Client safety is of the utmost importance to me.  Here is a great video from the National Association of Realtors. Enjoy! ...

Canadian Investors Look To Sell
Canadians investors who bought Valley homes at the bottom of the market could be poised to start selling and make a windfall.The market has turned for several reasons, including ex...

June Housing Starts
Sales of existing homes were up 1.1 percent in June from May to an annual rate of 5.57 million units. This was above the 5.50 million expected, according to the National Associatio...

Mesa Minicon Family Day
Here is a great way to get out and explore Mesa! Minicon Family Day, July 23rd, from 9am – 4pm. Take off on an out-of-this-world adventure at Sci-Fi: Fantasy to Reality...

Top Motivations For Selling
Inventories of homes are tight nationwide and especially in the Phoenix Metro Area. So what’s going to get home owners to finally sell? In a recent survey, realtor.com® research...

New Housing Growth
Things are shaping up nicely as we head into summer.Sales of existing homes once again ratcheted a notch higher. For April, sales rose 1.7% to 5.45 million units on an annualized r...

Home Sales Forecasted To Have Best Year In A Decade
Relentless supply constraints and home price growth outpacing wages are testing the patience of home buyers this year, but existing-home sales are still on track to come in at thei...

Quick Market Update
Please enjoy this quick update on what happened this week in the housing and financial markets. Reports on retail sales, housing and indust...

Memorial Day Blues Bash At The Queen Creek Olive Mill
Enjoy a annual Memorial Day Blues Bash from 11am-3pm on Monday, May 30, 2016 with live music by the Rocket 88’s blues band. There will be grilled burgers and sandw...

All Buyer Types Boosting Phoenix Metro Market
The market is great, come on in! Metro Phoenix’s housing’s market is drawing many of the different types of buyers needed to propel it to a full recovery from the cra...

Mesa 85205 Zip Code Sales Up Inventory Down
As we near the month of May, Sales remain strong in the East Valley and inventory is low.  May is traditionally the busiest month of the year for real estate transactions...

Factors Boosting Housing In May
With the school year coming to an end, many families will be in the market to move while the kiddos are not in the midst of a school year. Here are four current housing market...

Optima To Begin Kierland Development
Optima Inc. — the development and architectural firm known for its upscale multifamily developments in Scottsdale has started construction on its latest project next to Kier...

Five Ways To Save For Down Payment And Closing Costs
Saving for a down payment does not have to be an impossible feat for your would-be buyers. HouseLogic recently featured several resourceful ideas to help them save up for a down pa...

New Home Build Sales And Permits Are Up
New home sales are up around the Phoenix Metro area and builders continue to take out more permits for new construction compared to last year.That is according to the latest d...

Mesa Mountain Lion Carnival Just Around The Corner
MESA, Arizona – On the second weekend of April, the carnival is coming to town. On April 7-10, the Mountain Lion Carnival will be held at Red Mountain High School.The c...

Explore Mesa Arizona
MESA, AZ – Mesa is a wonderful city situated in Maricopa County in the State of Arizona and is home to beautiful many places and cultured people. One of the biggest attracti...

Mesa Street Pianos Play Me I Am Yours
How fun is this! MESA, Ariz. – Play Me, I’m Yours, an international touring artwork devised by British artist Luke Jerram, is coming to Mesa, AZ! The Mesa Arts C...

Home Ownership On The Rise
The home ownership rate was on the rise for the second consecutive quarter as an improving job market and a slight easing in access to credit helped put an end to nearly two years ...

HUD Home At Mesa Country Club Park Mesa AZ 85201
3 Bedroom, 2 Bathroom, 1,204 Sq. Ft. HUD home at Mesa Country Club Park offered at $135,000. Conveniently located near Whitman Elementary School, Carson Junior High School, Westwoo...

Maricopa County Home And Garden Show
The Annual Big Maricopa County Home & Garden Show is back once again on January 15th! There will be 1,000 exhibit spaces with home improvement companies, interior designers, v...

Glendale Glitter And Glow Block Party
Take in the stunning 1.5 million lights along with more than 20 hot air balloons glowing brightly amidst the trees throughout 16 blocks of Historic Downtown Glendale. A highli...

Easy Lifestylers Boost Appreciation And Sales Of Condos And Town Homes
Pricing for townhouses and condos continue to climb for the third consecutive month as customers seek an enjoyable lifestyle over the responsibilities that come with owning a singl...

New Build Single Story Homes Now Available In Mesa At A Great Price
The Richmond American community of Villas at Montana Vista is now offering single story homes as part of their product line.  This is an amazing community with great location ...

HUD Home At College Park Phoenix AZ 85033
3 Bedroom, 1 Bathroom, 1,174 Sq. Ft. HUD home at College Park offered at $112,000. Conveniently located near Cartwright School and Trevor Browne High School. Quick access to US-60,...

Temperatures Fall But Home Prices And Sales Stay Hot
Valley home sales and prices slowed a bit in August, after several months of increases. But, home prices, home sales and home building are all on the rise again, accord...

Low Interest Rates Likely To Stick Around
The Federal Reserve once again decided not to raise the federal funds rate this month, saying the economy is short of benchmarks. That likely means home buyers will be able to take...

HUD Home At Arizona Estates Chandler AZ 85286
3 Bedroom, 2 Bathroom, 1,640 Sq. Ft. HUD home at Arizona Estates offered at $232,999. Conveniently located near Rudy G Bologna Elementary School, San Tan Junior High School and Per...

Elliot Groves New Build Homes
I previewed the amazing community of Elliot Groves Morrison Ranch by Taylor Morrison today.  I spent most of my time at the Discovery Collection with their amazing builde...

HUD Home At The Trails Chandler AZ 85286
3 Bedroom, 3 Bathroom, 2,576 Sq. Ft. HUD home at The Trails offered at $363,500. Conveniently located near Haley Elementary School, San Tan Junior High School and Perry High School...

More Companies Moving To Chandler And East Valley
More Commercial is coming to Chandler. Following the path of companies such as Intel, ebay/Paypal and others!In less than a month, Chandler has scored a second specialty pharmaceut...

HUD Home At Utopia Estates Phoenix AZ 85050
3 Bedroom, 2 Bathroom, 1,848 Sq. Ft. HUD home at Utopia Estates offered at $100,000. Conveniently located near Sunset Hills Elementary, Vista Verde Middle School and Pinnacle High ...

Advantage Shifting Slightly To Home Buyers
Home buyers may be gaining more leverage in the housing market. As the last few weeks of summer wind down, a realtor.com® analysis of housing data for the first three weeks o...

HUD Home At Village At San Tan Heights Queen Creek
4 Bedroom, 2 Bathroom, 1,520 Sq. Ft. HUD home at Village at San Tan Heights offered at $117,000. Conveniently located near San Tan Heights Elementary School, Mountain Vista Middle ...

Arizona Market Improving For Firsttime Home Buyers
First time home Buyers should start with a consultation with a Realtor! We work with lenders that offer the Home in Five Advantage program. A recent Huffington Post ...

Equity Is Growing Ask Me How Much Your Home Is Worth
As home prices rise, home owners equity is growing at the fastest quarterly rate since 2013, according to the National Association of REALTORS® Economists’ Outlook blog. Th...

HUD Home At Muirfield Village Condominiums Mesa AZ 85209
3 Bedroom, 2.5 Bathroom, 1,412 Sq. Ft. HUD home at Muirfield Village Condominiums offered at $148,000. Conveniently located near Stevenson Elementary School, Fremont Junior High Sc...

3 VA Home Loan Tips
I would first advise that you seek the representation of a Realtor that is well versed in VA transactions. There are many that now have the National Association of Realtors designa...

Mortgage Do And Dont Game
Mortgage Do and Don't game. When your preparing for a home purchase, always talk with your lender about what to do and what not to do for a smooth and successful lending process. &...

HUD Home At Stetson Valley Phoenix AZ 85083
2 Bedroom, 2.5 Bathroom, 1,532 Sq. Ft. HUD home at Stetson Valley offered at $185,000. Conveniently located near Las Brisas Elementary, Hillcrest Middle School and Sandra Day O’C...


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Do You Need A Pre Qualification To See Homes - More and more I find myself
YOUR PRIORITY MOVE IN TO DO LIST - Moving into a new home is an
PRIORITY TASKS FOR YOUR MOVE IN - I know first hand that moving into
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Location & Address

Matt Pennington
6642 E Baseline Rd Ste 101
Mesa, AZ
480-251-0280