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N. Mark Kramoltz, JD, GRI, CIPS writes blog articles on the metro Phoenix, Arizona, national and global real estate markets. Written from his perspective as a designated broker and real estate attorney, his articles avoid the inaccuracies and vacuous industry propaganda common to most real estate writings. Due to his love of animals and military history, he also frequently writes about dogs, cats and horses that have played a role in military conflicts. Subscribe to his blog now!

5 Features That Reduce Home Values?

5 Features That Reduce Home Values?

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....

Rin Tin Tin, Part 2.

Rin Tin Tin, Part 2.

The Movie Career. Back in the U.S. after WWI, Lee Duncan trained Rin Tin Tin daily to perform stunts and follow commands. It wasn’t long before his talent landed him roles in silent movies in the 1920's. In those films he often portrayed a courageous dog fighting...

SimplySOLD’s Latest Listing.

SimplySOLD’s Latest Listing.

Desirable ground floor 2 bedroom, 2 bath split floor plan unit with den/home office space in popular Toscana. Superior first floor location close to the building entrance for easy access - no long halls to walk through, and the included underground garage space is...

America’s Best Long Term Investment.

America’s Best Long Term Investment.

Real estate is the most favored investment in the U.S, as has been the case since 2013. The popularity of stocks has suffered due to recent volatility caused by the Coronavirus outbreak, but still remain as people’s next most popular investment. Trailing real estate...

Appraisal Concepts, Part 3.

Appraisal Concepts, Part 3.

Market Data Approach. This approach, also known as the comparable sales approach, is used when the property being evaluated is similar to and can be compared with other properties that have recently sold in the area. This is the method used for residential properties,...

Should You Get a Reverse Mortgage?

Should You Get a Reverse Mortgage?

Reverse mortgages are a way for homeowners 62 and older to convert the equity in their homes into cash. These loans create cash flow to pay financial obligations when the owner doesn’t want to sell the home. The amount of a reverse mortgage is based on the equity or...