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N. Mark Kramoltz, JD, GRI, CIPS writes blog articles on the metro Phoenix, Arizona, national and global real estate markets. Written from his perspective as a designated broker and real estate attorney, his articles avoid the inaccuracies and vacuous industry propaganda common to most real estate writings. He also blogs about animals (mostly dogs in the military) due to his love of pets and military history.

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N. Mark Kramoltz, JD, GRI, CIPS writes blog articles on the metro Phoenix, Arizona, national and global real estate markets. Written from his perspective as a designated broker and real estate attorney, his articles avoid the inaccuracies and vacuous industry propaganda common to most real estate writings. He also blogs about animals (mostly dogs in the military) due to his love of pets and military history.

How Educated is a Real Estate Agent?

How Educated is a Real Estate Agent?

What education do you think the state of Arizona requires of real estate agents?1. A four year University degree (BA or BS), three years post-graduate (Master's Degree and a Phd/Doctorate or their equivalent), and 180 hours of real estate school ("RES"); or2. A four...

Reckless the War Horse.

Reckless the War Horse.

An example of a recipient of the Dickin Medal (see Animals Deserve Medals Too) is Sgt. Reckless, a chestnut mare who served in the Korean War. She was a U.S. army ammunition carrier during some of the bloodiest trench and outpost fighting. She made repeated trips to...

Are Rents Becoming Unaffordable?

Are Rents Becoming Unaffordable?

Metro Phoenix area apartment rent increases lead the nation, rising 7.4% over the past year. Almost every Valley of the Sun city beat the national 3% increase, with the city of Surprise leading the way with a remarkable 16% rent hike. Luxury complexes are still being...

Do You Want a Pool?

Do You Want a Pool?

Back in the 1970-80s, about 40% of new homes in the Phoenix metro area were built with pools. As of 2014, only 6% were. And some owners of older homes are removing existing pools. Reasons given are safety, the burden and cost of ongoing maintenance, and the energy...

Why Do Homeowners Downsize?

Why Do Homeowners Downsize?

Homes.com surveyed 1,000 individuals who had downsized their homes. The survey found the most cited reason for Baby Boomers to size down was because their previous space was too large. For younger generations, the reason was simple. Almost 80% of Millennials and 65%...

Animals Deserve Medals Too.

Animals Deserve Medals Too.

Did you know a medal can be awarded to animals that have distinguished themselves in battle? The Dickin Medal is the top award for animal military valor. Since its establishment in 1943, almost half the recipients of the Dickin Medal have been dogs, including Bing, a...

Who’s Not on the Move?

Who’s Not on the Move?

In my last blog, Who is on the Move? I wrote about the most mobile generation last year - Baby Boomers. Who are staying put? Millennials, and those in the early 20's. But they are not alone as only 9.8% of all U.S. residents changed their address in 2019. This was the...

Who is on the Move?

Who is on the Move?

Which generation switched states more than any other in 2019? Baby Boomers. their number 1 reason for moving is because they are downsizing according to a Homes.com study. Probably a lot of them moved to places with nicer climates - like Arizona.

Phoenix Sales Rock.

Phoenix Sales Rock.

Phoenix is currently the strongest large-city housing market in the USA. As related in my blog Who's Moving to Arizona?, this is fueled by inter-state population movements. Retirees are a big part of that, but so are people moving here from California and other...

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