by kramoltz@hotmail.com | May 24, 2023 | Home Buying, Real Estate Facts & Figures
In 2023 Housing Trends, Part 1 I detailed 3 new trends. Here are 3 more: 4. Cash Remains King. All-cash repeat buyers jumped to 27% of the market nationwide during 2022, up from 17% the previous year. In the Phoenix metro area it was 35%, with some zip codes much...
by kramoltz@hotmail.com | May 11, 2023 | Home Ownership, Real Estate Facts & Figures
Home appreciation in the metro Phoenix area has been robust as I detailed In Sellers are Profiting from Equity. I gave the numbers available at that time, but the latest data shows that the gains set forth in that blog were conservative. Using January 2023 sales to...
by kramoltz@hotmail.com | Apr 30, 2023 | Real Estate Facts & Figures
According to the Information Market, Opendoor lost money on 89% of the homes it sold in the 4th quarter of 2022 in metro Phoenix – an average of $58,000 apiece, before accounting for fees and expenses. For example, a home sold by Opendoor in November for...
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...
