by kramoltz@hotmail.com | Apr 18, 2023 | Animal Stories (mostly Dogs in the Military)
In Draft Dogs, I wrote about the use of dogs to haul loads for the warring parties in the First World War. In that conflict, the French created a special saddle harness coupled with a light connecting bar to a cart for some of their transportation in that war. But...
by kramoltz@hotmail.com | Mar 28, 2023 | Home Buying, Moving Tips, Uncategorized
According to North American Moving Services, Arizona continued to be a top destination to move to in 2022. Arizona had a 57% net inflow of movers, one of the highest in the nation. What states were the top losers? Illinois was number one with a 65% net outflow of...
by kramoltz@hotmail.com | Mar 13, 2023 | Home Buying, Mortgages + Lending, Real Estate Facts & Figures
1. First-time Buyers are Scarce. The first-time buyer share of the market dropped to 26% over the past year. Historically, first-time buyers buy around 40% of homes. The reason was the high prices and the rise in interest rates. Hopefully the price correction...
by kramoltz@hotmail.com | Feb 28, 2023 | Home Buying
The share of home sellers offering concessions to buyers jumped in the final three months of 2022. Concessions are being offered as an incentive to attract buyers and in an attempt to prevent listing price cuts. Approximately 42% of homes sold in the fourth quarter...
by kramoltz@hotmail.com | Feb 14, 2023 | Mortgages + Lending
Buying down an interest rate is a way for a seller to offer a financial incentive to a buyer. It results in a temporary reduction, which means lower payments under the buyer’s loan. Because of the dramatic increase in rates and the negative result on home sales, in...
