by kramoltz@hotmail.com | Oct 12, 2020 | Arizona and Its Amenities, Real Estate Facts & Figures
Construction starts for commercial and multifamily dipped 22% nationally and in all but two of the top metro areas in the first half of the year Construction Dive reports. But in the Phoenix area starts were up 82%, according to Dodge Data and Analytics. Those...
by kramoltz@hotmail.com | Sep 12, 2020 | Real Estate Facts & Figures
Reconciliation. What type of valuation method is most appropriate for a commercial property is usually dependent on its use. Thus, all 3 approaches are utilized, but one is will be given the most weight. For example, in commercial contexts most appraisers will rely on...
by kramoltz@hotmail.com | Aug 3, 2020 | Home Buying, Selling Your Home
According to home ebuyer Opendoor, in metro Phoenix the top 5 things that hurt home values are: 1. Commercial neighbors: $7,200 average deduction; 2. Formica or tile kitchen counters: $4,900 average deduction; 3. Located on a busy street: $4,500 average deduction; 4....
by kramoltz@hotmail.com | Feb 18, 2020 | Real Estate Facts & Figures
Construction cranes all over the Valley of the Sun are proof of the amount of commercial construction ongoing in the Phoenix metro area. State wide Arizona has added a whopping 23,800 jobs in nonresidential construction in January, 2020. Figures from the U.S. Labor...
by kramoltz@hotmail.com | Jul 13, 2017 | Global Buyers + Foreign Investment
The National Association of REALTORS has released a report that shows strong foreign interest in U.S. commercial real estate in 2016. According to the report, one-fifth of commercial REALTORS® closed a cross-border commercial real estate transaction with an...