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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.

Phoenix Luxury Market Thrives, Part 2.

Phoenix Luxury Market Thrives, Part 2.

In Phoenix Luxury Market Thrives I wrote about the large increase in the sale of homes priced at $1 million in the Phoenix area from 2019 to 2020. Updated data shows that in April of this year sales of one million dollar homes and up hit a new record - up 75% from the...

Medical Dogs.

Medical Dogs.

Dogs filled an important role in the care of the wounded in World War I. They were called Red Cross Dogs, Casualty Dogs and Sanitatshunde by the Germans. Sanitatshunde were trained to find wounded and dying men anywhere on the battlefield. Some were equipped with...

Two Valley Cities in Top 10.

Two Valley Cities in Top 10.

Phoenix, Arizona area cities Scottsdale and Gilbert are top 10 best places to raise a family according to WalletHub. It compared more than 180 U.S. cities based on 48 factors including the cost of housing, the quality of local school and health-care systems, and the...

International Purchases Collapse.

International Purchases Collapse.

Over the years, I have provided updates on the importance of foreign buyers to Arizona and the U.S. But for several years now, participation in the global residential marketplace has been waning. In the U.S., purchases of homes by foreign buyers has been declining...

Buy a Home in the Arizona High Country.

Buy a Home in the Arizona High Country.

For the first time SimplySOLD has access to homes listed for sale in Gila County. This includes cities and towns like Payson, Pine, Strawberry, Christopher Creek, Kohl’s Ranch and the Heber/Overgaard area. So we can now make available second or vacation homes outside...

The Vietnam Ratter.

The Vietnam Ratter.

In the Vietnam war Special Forces Medics were in charge of Green Beret camp sanitation. One cleanliness issue to be dealt with was rats. Medic Jerry Kizan first used a 12 gauge shotgun to stem the horde. In order to reduce indoor personnel and equipment damage, he...

New Home Demand Soars.

New Home Demand Soars.

Housing permits in the Phoenix metropolitan area - which includes Mesa and Scottsdale - are up by nearly 36% from last year. Despite the recent shocking increase in building costs, and corresponding sale price increases, Valley of the Sun housing building permits rose...

Phoenix’s Hottest Higher End Neighborhoods.

Phoenix’s Hottest Higher End Neighborhoods.

The increase in values that has dramatically affected lower priced homes in metro Phoenix has spread. Higher value neighborhoods across the Valley of the Sun have seen significant increases since March 2020. The greatest rise in home prices occurred in Peoria’s zip...

Phoenix Luxury Market Thrives.

Phoenix Luxury Market Thrives.

In 2020 in the Phoenix-Mesa-Scottsdale metropolitan area 3,233 homes priced at $1 million or more were sold, a 56% jump from 2019 according to Realtor.com. Those sales far outpaced other single-family home sales, which saw an 8% growth overall. Overall, prices for...

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