by kramoltz@hotmail.com | Sep 15, 2023 | Home Buying, Selling Your Home
Baby boomers comprised the highest share of buyers and sellers nationwide according to the National Association of REALTORS®’ 2023 Home Buyers and Sellers Generational Trends Report. Baby boomers—people ages 58 to 76—accounted for 53% of sellers and 39% of...
by kramoltz@hotmail.com | Mar 22, 2022 | Home Buying
Nearly 90 Phoenix homes sold for $100,000 over the listing price in first six weeks of 2022. During the same period in 2021 there were only 11 transactions of $100,000 above the asking price. One reason for the increase is that non-primary buyers accounted for 36% of...
by kramoltz@hotmail.com | Nov 29, 2021 | Home Buying, Selling Your Home
Tucson and Phoenix are among the top 5 U.S. markets for cash single-family house and condo sales according to ATTOM’s most recent 2021 U.S. Home Sales Analysis. ATTOM reported that nationwide all-cash purchases reached the highest level since the first quarter of...
by kramoltz@hotmail.com | Sep 22, 2021 | Arizona and Its Amenities, Home Buying
As of August, still very pro seller in the greater Phoenix area. Statements that the market was evening out over the summer were premature. An example is the absorption rate. The absorption rate measures the rate at which homes are sold during a given time period. The...
by kramoltz@hotmail.com | Jul 31, 2021 | Arizona and Its Amenities, Real Estate Facts & Figures
In Phoenix Luxury Market Thrives I wrote about the large increase in the sale of homes priced at $1 million in the Phoenix area from 2019 to 2020. Updated data shows that in April of this year sales of one million dollar homes and up hit a new record – up 75%...