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Asked a home builder friend who resides in Phoenix where he’d buy there today if he had to buy. Said if he absolutely had to buy it’d be North Phoenix, places like Peoria. That’s where he sees the most potential in The Valley.

People saying only big screen TVs are on sale this Black Friday, not essentials like housing... And just wait until Cyber Monday.

Funny to see this stuff hit the mainstream. This was a top article in the Stocks app on iPhone. The narrative battle is in full effect. Buy vs. wait. But only one side is timing the market.

Interesting to see lenders offer a 15-year fixed for a full one percent less than a 30-year. Makes me wonder how high rates would be on a 50.

Is there still time for a sub-6% 30-year fixed in 2025? Per MND, it's 6.23% today, so 24 bps in ~27 days. And we've got CPI, jobs report, and Fed cut on deck.

Joseph Lavorgna, a counselor to Treasury Secretary Scott Bessent, told Reuters, "We won't need a 50-year mortgage if the Fed was lowering its rates, which I think it will." In other words, expect more cutting in 2026 in an attempt to push rates lower. Not new loan products.

California, and more specifically LA, is pretty decent on this December 5th, 2025. How's the rest of the country looking?

Proponents of the 50-year fixed mortgage have one main argument: It's no different than choosing a 30-year over a 15-year.