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The Estates announces soft opening June 22-23

the estates

The Estates, 10-acre ponderosa pine-covered properties adjacent to Forest Highlands Golf Club and the Coconino National Forest just south of Flagstaff, Arizona, will host a soft grand opening celebratory picnic on June 22-23 from 11 a.m. to 4 p.m. daily.

These one-of-kind housing and land ownership opportunities will have underground electric, phone and internet, and natural gas. In addition, special memberships to Forest Highlands are available, providing owners with access to Forest Highlands’ championship golf courses, two clubhouses with dining and an array of other exclusive amenities.

To attend, call 480-951-1515.

– Benjamin “Tres” Brooks, The Brooks Companies, LLC

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What homebuyers need to know about rising rates

Arizona home

If you are thinking about buying a home, you’re probably aware that interest rates have been rising.

While the increases seem small – the 30-year fixed rate has averaged 4.46 percent, up from 3.99 percent in 2017 – those little increases add up. If mortgages increase by 1 percent, for example, it will cost typical homebuyers an additional $147 monthly – nearly $53,000 – over 30 years.

Rates are expected to continue going up, potentially rising to between 5.5 and 6 percent by 2020. Buying now may seem nerve-wracking, but it may ultimately yield massive savings over time.

– Paris Davis, Washington Federal