Blog
Latest NewsN. 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. Due to his love of animals and military history, he also frequently writes about dogs, cats and horses that have played a role in military conflicts. Subscribe to his blog now!
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...
Best Cities for First Timers
The metro #Phoenix Arizona cities of Gilbert (ranks 4th), Chandler (10th), and Peoria (at 13th) are some of the best medium sized U.S. cities for #firsttime #homebuyers according to the NAR. Arizona as a state ranks 10th best in the nation.
Builders’ Biggest Problem.
A survey by the National Association of Home Builders revealed that two-thirds of builders said their greatest concern for 2015 is the availability of labor. Building material prices were ranked second at about 67% as well, followed by 57% of builders who said lot...
Canada still the top U.S. trade partner.
For many decades Canada has been the largest importer of U.S. goods. Currently Mexico is 2nd and China comes in 3rd. But in the next two decades, China is expected to top Mexico as the second largest trading partner. That is because China’s share of U.S. exports could...