by kramoltz@hotmail.com | Dec 28, 2023 | Arizona and Its Amenities
WalletHub compared over 180 cities to determine which are better at protecting their residents from harm. Using 41 different metrics, metro Phoenix cities were some of safest in the nation. Gilbert was the 4th safest, Scottsdale was 10th, Chandler 14th, Peoria 28th,...
by kramoltz@hotmail.com | Aug 1, 2023 | Home Buying, Selling Your Home
Phoenix is second in the country in negative returns for home flippers in the first quarter of this year. The average Phoenix flipper lost nearly $10,000 on each flip. Only Austin Texas did worse. Phoenix has also had one of the lowest raw profit margins –...
by kramoltz@hotmail.com | Jul 8, 2023 | Arizona and Its Amenities, Real Estate Facts & Figures
The Phoenix metro area leads the nation in new home construction. Through May of 2023, 6,597 new single-family homes were built. With an additional 7,238 new multi-unit residential homes, the total amount of new homes constructed in 2023 is 13,835.
by kramoltz@hotmail.com | Jun 2, 2023 | Arizona and Its Amenities, Real Estate Facts & Figures
Phoenix has one of the best downtown living experiences in the country according to StorageCafe. Its 2023 Downtown Living Hotspots report ranked the 30 largest cities in the U.S. using various categories including cost of living, rental inventory, apartment amenities,...
by kramoltz@hotmail.com | May 24, 2023 | Home Buying, Real Estate Facts & Figures
In 2023 Housing Trends, Part 1 I detailed 3 new trends. Here are 3 more: 4. Cash Remains King. All-cash repeat buyers jumped to 27% of the market nationwide during 2022, up from 17% the previous year. In the Phoenix metro area it was 35%, with some zip codes much...