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.
Owners Sue Over Haunted Movie Depiction.
Halloween may be over, but hauntings can occur all year round. An example is what is happening to the owners of a home depicted as "haunted" in the 2013 film "The Conjuring". The Conjuring identified the Harrisville, Rhode Island farmhouse as the location where...
Are You Buying or Living in a Haunted House?
I hope all of the ghosts you encounter this Halloween are friendly! And some of you won't have to leave home to meet one, as 35% of homeowners say they've lived in a haunted house according to REALTOR®.com’s “Haunted House Report”. More than 50% of 1,400 home buyers...
Have You Heard?
Mark loves to speak to groups and share his knowledge and expertise for no charge. He is available to address your company, club, or organization on the Arizona real estate market. Get educated and learn how to save money and protect yourself when you buy or sell a...
U.S. Real Estate is Preferred.
Viewing the U.S. as a safe place to put their money, global home buyers preferred purchasing properties here over other countries. A California Association of Realtors® survey revealed that the vast majority (85%) of international buyers said they only considered...
Increased Condo Financing Barriers.
The Federal Housing Administration will insure mortgages in less than 7% of the nation's condominium developments, according to the New York Times. Condo projects must be certified (pre-approved) by the FHA before their loans can be made there, and due to the...
What You don’t Know can Hurt You.
Find out what the real estate industry doesn’t want you to know when buying or selling a home. Learn about the choices you didn’t think you had, and critical steps to take to protect yourself in your next transaction, in my FREE classes from 1:00 to 2:00 pm this...
Where Do Home Sales Go Up in the Fall?
As we move into fall, the number of homes sold lessens in the Phoenix metro area. But as reported by Realtor.com, the housing market in some areas of Arizona actually improve this time of year. For example, Tucson sees a modest improvement. And in hottest areas of the...
Do you know the New Closing Procedures?
The Consumer Financial Protection Bureau has changed the lending process starting October 3. The Good Faith Estimate and the HUD-1 settlement statement are being replaced with a Loan Estimate and Closing Disclosure forms. New procedures have been created around those...
We Love the Frozen North!
America's favorite country is Canada. A survey conducted since 1974 by the Chicago Council on Global Affairs asked about feelings for other countries — with 1 being the lowest, and 100 being the best. Canada came out with a top score of 79%. Britain was next, at...