by kramoltz@hotmail.com | Sep 3, 2015 | Canada and Canadians, Global Buyers + Foreign Investment
For many decades Canada has been the largest importer of U.S. goods. Currently Mexico is 2nd and China comes in 3rd. But in the next two decades, China is expected to top Mexico as the second largest trading partner. That is because China’s share of U.S. exports could...
by kramoltz@hotmail.com | Aug 31, 2015 | Home Buying
1. The price is right. Although overall median prices have risen, most of that increase is at the low end, and not in higher priced areas such as Scottsdale or Paradise Valley. 2. It’s cheaper to buy than rent in the Phoenix metro area, and in nearly every other...
by kramoltz@hotmail.com | Aug 26, 2015 | Home Buying, Real Estate Facts & Figures
Realtor.com® analyzed medium to large cities for the highest percentage of backyard pools. Six metro Phoenix area cities are in the top 10: 2. Scottsdale, Ariz.: 62% 3. Tempe, Ariz.: 46% 4. Chandler, Ariz.: 40% 5. Glendale, Ariz.: 37% 6. Gilbert, Ariz.: 37% 9....
by kramoltz@hotmail.com | Aug 24, 2015 | Mortgages + Lending
The volume of jumbo mortgages (loans above $417,000 in most places and $625,000 in high-priced areas) reached an estimated $160 billion in the first six months of 2015 – 36% higher than a year ago, according to Inside Mortgage Finance. Jumbo mortgages comprised about...
by kramoltz@hotmail.com | Aug 17, 2015 | Global Buyers + Foreign Investment
When purchasing homes, Chinese buyers may make decisions with numbers in mind. One number with significance to the Chinese is the number 8, which is believed to be a lucky number associated with prosperity and wealth. Condos or homes with the number 8 in them, and...