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 –...
by kramoltz@hotmail.com | Jul 21, 2023 | Selling Your Home
According to Opendoor, 54% of purchasers dislike outdated bathrooms. Other top buyer turnoffs are old carpet – 49%; outdated kitchen counter tops and cabinets – 41%; textured (incl. popcorn) ceilings – 32%; and outdated appliances – 30%. With...
by kramoltz@hotmail.com | Jul 8, 2023 | Arizona and Its Amenities, Real Estate Facts & Figures
The Phoenix metro area leads the nation in new home construction. Through May of 2023, 6,597 new single-family homes were built. With an additional 7,238 new multi-unit residential homes, the total amount of new homes constructed in 2023 is 13,835.
by kramoltz@hotmail.com | Jun 24, 2023 | Animal Stories (mostly Dogs in the Military)
Old Bill was a wire-haired Terrier that was the mascot of the H.M.S. Falmouth, a British cruiser in the First World War. But he didn’t start his duties on that ship. He was “captured” from a German fishing trawler that the Falmouth sank. When he and the crew of the...
