by kramoltz@hotmail.com | May 20, 2016 | Home Ownership, Renters and Renting
According to the Wall Street Journal, when asked what was their primary reason for renting, 49% of those aged 18 to 34 said they were not financially ready to own. Of those 35 and older, 26% cited that same reason. In the younger below 35 group, 15% said they rent...
by kramoltz@hotmail.com | May 18, 2016 | Home Ownership, Renters and Renting
A study of renters by Fannie Mae revealed the top 3 reasons that they were renting: a. 57% said it allows them to live within their budget; b. 52% said its less stressful; c. And 50% believed its the best decision given the current economic climate. Next: Part 2 of...
by kramoltz@hotmail.com | May 16, 2016 | Home Ownership, Real Estate Facts & Figures
Builders tore down and reconstructed about 55,000 homes – or about 7.7% of all single-family housing starts last year, according to estimates by the National Association of Home Builders. As the housing stock continues to age and builders are hard-pressed to find...
by kramoltz@hotmail.com | May 10, 2016 | Home Buying, Home Ownership
Did you know there are dozens of energy efficiency incentives, rebates and tax credits available to Phoenix area home buyers and owners? Even installation of an ordinary water heater can qualify. And are you aware that various loan programs will pay for you to make...
by kramoltz@hotmail.com | Apr 28, 2016 | Global Buyers + Foreign Investment
A flood of foreign investments poured into the U.S. commercial real estate market last year, and that trend shows no sign of slowing in 2016. For example, in 2015 at this same time of the year, foreign investment in U.S. had already exceeded that of all of 2014 – and...