by kramoltz@hotmail.com | Feb 10, 2017 | Home Buying, Home Ownership
In Five Home Trends, I detailed likely buyer housing wants. Here are 5 more: 1. Wellness systems. Healthful features like lighting systems that utilize sunshine (such as clerestory windows and skylights), swimming pools without chlorine, and vegetable gardens. 2....
by kramoltz@hotmail.com | Feb 8, 2017 | Home Buying
In February, the average home sells for 6.1% less than the rest of the year, according to a recent study by real estate research firm Attom Data. One reason is that there aren’t a lot of buyers looking for homes at this time of year, but there are plenty of sellers...
by kramoltz@hotmail.com | Feb 6, 2017 | Home Buying, Mortgages + Lending
In part 1, I showed how lack of awareness of low-down-payment mortgage options can discourage potential buyers from trying to purchase a home. Historically only 5% of the purchase price is enough. And one way to get there is a government sponsored down payment...
by kramoltz@hotmail.com | Feb 3, 2017 | Arizona and Its Amenities, Real Estate Facts & Figures
In the Western U.S. in last 2 months of 2016, the National Association of Realtors’ home sales index fell to its lowest level since the start of the year. But in the metro Phoenix area, sales were up 3.4% and inventory decreased 1.6% in December over November. So as...
by kramoltz@hotmail.com | Jan 30, 2017 | Global Buyers + Foreign Investment
Over the last 5 years, Chinese nationals have invested over $150 billion into the U.S. housing market, pouring in $28.6 billion in 2015 alone. Supplanting Canadians, Chinese are currently the biggest foreign buyers of American homes. While Chinese buyers purchase both...