by kramoltz@hotmail.com | Jun 9, 2016 | Global Buyers + Foreign Investment
San Francisco tops a global index based on prices for high-end real estate around the world with its median asking price more than $1 million, according to the Knight Frank Prime Global Cities Index. The Index compares prime residential prices of the top 5% of the...
by kramoltz@hotmail.com | Jun 6, 2016 | Mortgages + Lending, Real Estate Facts & Figures
MarketWatch.com reports that the number of appraisers is down 20% from 2007, and the number in that profession is expected to decline steeply in the next five years. Residential has been hit harder than commercial, with predictions that the decrease could continue by...
by kramoltz@hotmail.com | Jun 3, 2016 | Home Buying
Standard Pacific and Ryland Group, both based in Southern California, merged last year becoming CalAtlantic Homes. It is a major player in the new home market, building houses in 20 of the top 25 metro areas in the U.S. It owned or controlled about 74,000 home sites...
by kramoltz@hotmail.com | Jun 1, 2016 | Home Buying, Mortgages + Lending
The AzHFA Home Plus Mortgage Loan Origination Program provides down payment assistance to Arizona home buyers with an annual household income less than $89,000 using a Fannie Mae, 30-year fixed mortgage. The down payment assistance can be used to purchase a home under...
by kramoltz@hotmail.com | May 23, 2016 | Home Ownership, The Attorney-Broker Advantage
Unlike me, agents have no legal training. Yet they are allowed to prepare contracts. An example of what can go wrong when an agent plays attorney occurred to Coyotes defenseman Zbynek Michalek, who lost a $100,000 cash earnest money deposit when he tried to buy a...
