by kramoltz@hotmail.com | Nov 15, 2022 | Arizona and Its Amenities
Arizona’s housing deficit has increased 1,377% since 2012 – representing 122,683 homes – according to a report by Washington, D.C.-based Up for Growth. Arizona didn’t have a housing deficit issue in 2012, but explosive growth and below par construction...
by kramoltz@hotmail.com | Sep 2, 2022 | Home Buying, Selling Your Home, The Attorney-Broker Advantage
Due to the real estate boom in Arizona and elsewhere, there are hordes of new real estate agents. Membership in the National Assoc. of Realtors grew from 1.48 million in 2020 to 1.56 in 2021. That 82% increase in new members set a NAR record. This “jump on the...
by kramoltz@hotmail.com | Jun 27, 2022 | Arizona and Its Amenities
In an effort to preserve water and protect private property rights, Arizona has passed a law that lets you choose your lawn type. Phoenix metro resident Sherry Lund and her son Bradford who lives next door, were served with a lawsuit by their HOA after installing...
by kramoltz@hotmail.com | Apr 4, 2022 | Home Ownership
Homeowners in governmentally specified flood zones are at a greater risk of damage from flooding. Flooding damage is not covered by homeowners’ insurance policies. And if using a loan to buy, expensive mandatory flood insurance may be required by the lender....
by kramoltz@hotmail.com | Jul 13, 2021 | Global Buyers + Foreign Investment
Over the years, I have provided updates on the importance of foreign buyers to Arizona and the U.S. But for several years now, participation in the global residential marketplace has been waning. In the U.S., purchases of homes by foreign buyers has been declining...
