by kramoltz@hotmail.com | Jun 15, 2021 | Arizona and Its Amenities, Home Ownership, Real Estate Facts & Figures
The increase in values that has dramatically affected lower priced homes in metro Phoenix has spread. Higher value neighborhoods across the Valley of the Sun have seen significant increases since March 2020. The greatest rise in home prices occurred in Peoria’s zip...
by kramoltz@hotmail.com | Feb 8, 2021 | Home Buying, Renters and Renting
Back in 2011, 2013 , 2015 and most recently in October of 2018, I wrote how buying a home was cheaper than renting. ATTOM Data Solutions’ 2021 Rental Affordability Report shows that trend is continuing. Owning a median-priced 3 bedroom home is more affordable than...
by kramoltz@hotmail.com | Jun 11, 2020 | Arizona and Its Amenities, Home Buying
The National Association of Realtors identified 10 markets with favorable conditions for millennial home buyers during the Corona virus pandemic. The NAR analyzed current housing affordability, local job market conditions, the share of millennials in the area and...
by kramoltz@hotmail.com | Feb 7, 2020 | Real Estate Facts & Figures
According to a REALTOR.com study, housing inventories dropped 12% nationally from 2018 to 2019, the largest year over year decline in nearly 3 years. As a result, the U.S. market has a large housing inventory under supply. This is occurring just as 4.8 million...
by kramoltz@hotmail.com | Oct 25, 2017 | Arizona and Its Amenities, Home Buying
Chandler is the best city in the U.S. to buy a home big enough to raise a family in, according to SmartAsset.com. Other Phoenix-area cities highly ranked were Gilbert at #3, Scottsdale at #8, with Glendale and Mesa also in the top 15 of the 100 cities analyzed. Los...