Blog

N. Mark Kramoltz, JD, GRI, CIPS writes blog articles on the metro Phoenix, Arizona, national and global real estate markets. Written from his perspective as a designated broker and real estate attorney, his articles avoid the inaccuracies and vacuous industry propaganda common to most real estate writings. He also blogs about animals (mostly dogs in the military) due to his love of pets and military history.

Metro Phoenix is Breaking Records.

Metro Phoenix is Breaking Records.

The metro Phoenix housing market broke records in 2020 according to the Cromford Report. Home sales in Pinal and Maricopa County set new records for highest listing success rate, highest average price for monthly sales and annual sales, and highest square foot price...

Preparing For Your Move, Part 7.

Preparing For Your Move, Part 7.

Preventing Delivery Blackmail. Be prepared for a demand for extra money by the mover when you reach your destination. Although rare, this problem occurred with enough frequency that Arizona passed a unlawful moving practices statute. The law prevents movers from...

Five Things Agents Won’t Tell You.

Five Things Agents Won’t Tell You.

Are there things agents will never tell you? Do agents avoid matters you need to know about, and replace them with topics that are designed to get you to hire them? Agents are taught that their primary job is to get the listing. You may not told those things that...

Buying Cheaper Than Renting – Again.

Buying Cheaper Than Renting – Again.

Back in 2011, 2013 , 2015 and most recently in October of 2018, I wrote how buying a home was cheaper than renting. ATTOM Data Solutions’ 2021 Rental Affordability Report shows that trend is continuing. Owning a median-priced 3 bedroom home is more affordable than...

The Canine POW, Part 1.

The Canine POW, Part 1.

Judy, an English pointer, was the mascot of British river gunboat in China when WWII commenced. She and some of her crew was captured by the Japanese in 1942 and taken by ship to a prison camp in Indonesia to build a rail road. She was smuggled on to boat, and...

2020 Real Estate Review.

2020 Real Estate Review.

We began 2020 with normal demand while seeing a 31% decline in homes for sale in metro Phoenix. This lack of supply was described by Michael Orr at that time as “shocking”. Although during the first six months of the year demand was uneven due to the Covid outbreak,...

Preparing For Your Move, Part 6.

Preparing For Your Move, Part 6.

Insurance. In this series of blogs (the last was Part 5, Moving Day Tips) I’ve discussed what you should do to make the process go smoothly. One thing to consider is “insurance”. Moving insurance isn’t actually insurance. Instead, moving companies have an extra cost...

Researching Crime Statistics.

Researching Crime Statistics.

Various websites provide crime statistics and studies, and may have information concerning the area of the county you want to buy a home in. One is Raidsonline, which provides crime stats for cities all over the country. The Arizona Republic’s Neighborhood webpage...

Should You Buy a New Build Home?

Should You Buy a New Build Home?

A new build is an attractive option when looking for a home. Here’s why: You Design It. You pick the floor plan and options that work for you. Energy Savings. New homes have energy efficient heating, cooling, insulation, and appliances that can result in significantly...

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