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 | Sep 1, 2023 | Animal Stories (mostly Dogs in the Military)
In the beginning of the First World War, the German cruiser Dresden set out for the south Atlantic. On board was a pig, probably as a source of fresh meat during what was anticipated to be a long voyage. After the battle of the Falkland Islands in December 1914, HMS...
by kramoltz@hotmail.com | Aug 22, 2023 | Global Buyers + Foreign Investment
A recent survey of over 1,200 high-net-worth consumers from 12 countries reveals a positive outlook on the U.S. luxury real estate market. 80% of global luxury consumers believe purchasing real estate in the U.S. is a safe investment, and 76% rate the current market...
by kramoltz@hotmail.com | Aug 11, 2023 | Home Buying, Real Estate Facts & Figures
Lumber prices plunged around 66% last year as the result in decreased demand by home builders and the faltering US housing market. As a result the price of lumber plummeted to less than $400 per 1,000 board feet as of January 2023 from over $1,200 in March 2022....
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 –...