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.

Foreign Trade and Business in Arizona.

Foreign Trade and Business in Arizona.

International transactions are important to Arizona. Global trade means that foreign buyers are doing business here and buying homes in the Phoenix area. If you are in business here or are considering doing business in our state, useful information is in the NAR...

6 Questions to Ask Home Inspectors, Part 1.

6 Questions to Ask Home Inspectors, Part 1.

Before you make your final buying or selling decision, have the home inspected by a professional. An inspection can alert you to potential problems with a property and allow you to structure a reasonable repair request. But before hiring one, ask a home inspector...

82% Jump in Phoenix Construction Starts.

82% Jump in Phoenix Construction Starts.

Construction starts for commercial and multifamily dipped 22% nationally and in all but two of the top metro areas in the first half of the year Construction Dive reports. But in the Phoenix area starts were up 82%, according to Dodge Data and Analytics. Those...

Satan, the Messenger Dog.

Satan, the Messenger Dog.

How he got the name has been lost to history, but on the battlefield in WWI he was an angel. A French war dog, Satan was tasked with finding a lost group of soldiers during the battle of Verdun. Searching the battlefield he was shot twice but kept going until he...

Do You Have Bedbugs?

Do You Have Bedbugs?

In Arizona there is a statute pertaining to bedbugs, but only in rental situations. It prohibits landlords from renting when they know bedbugs are present. The law also provides that if a tenant discovers it has bedbugs, it must notify the landlord in writing. If...

Who is Buying in Phoenix?

Who is Buying in Phoenix?

It may appear that investors are driving the housing market now due to the frenzy in the lower end of the market. But almost 90% of the people who bought homes in the Valley of the Sun in July and August of 2020 were owner occupants or second home buyers. During the...

What Buyers Want.

What Buyers Want.

Over the years research has shown that new or updated kitchens are the most important feature when house hunting. This is also my experience in the metro Phoenix area as Arizonans spend a lot of time in or around the kitchen. Plus new appliances have a lot of impact...

Phoenix is No. 1, Again.

Phoenix is No. 1, Again.

The Valley of the Sun leads the nation in home price growth, with year-over-year price increases of 9% in June, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Phoenix’s 4.3% growth is now more than twice the year-over-year...

The Cat that Captured a Marine.

The Cat that Captured a Marine.

Edward Burckhardt was one of the Marines that landed on Iwo Jima in February 1945. Iwo Jima was a Japanese held island in the Pacific theater of WWII. Burckhardt found a kitten on the battlefield at the base of Mount Suribachi near the landing beaches. Mount Suribachi...

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