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!
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.
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.
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...
Native American Haulers.
In Draft Dogs I wrote about the use of pack dogs in wartime. But long before those European conflicts, dogs were hauling goods in the Americas. Dogs were an important part of early native American life - besides hunting and religious uses, dogs were used to carry...
File Your Form 8840 by June 15.
You may have to file a U.S. tax return if you’re a Canadian that received money from a U.S. source while here in 2020. Since travel here last year was presumably limited due to border closures this may not be much of an issue this year. But those who worked in the...
3 Reasons to Buy a Phoenix Area Home Now.
1. Low Mortgage Rates. Loan payments are affordable due to low interest rates, pushing housing accessibility higher, which has helped to offset our rise in prices. 2. Rent is High. It’s often cheaper to buy than lease as rents have been on the rise and are predicted...