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!
What Buyers Want, Part 1: Kitchens.
The National Association of Home Builders has released its latest study, What Home Buyers Really Want, 2021 Edition. The top kitchen features 80% of buyers say they must have according to NAHB are a double kitchen sink and a pantry. Four out of ten buyers believed a...
Solar Tax Credits Are Reappearing!
In Solar Tax Credits Are Disappearing! I related that before January 1, 2020, an owner of solar panels was entitled to a 30% credit against federal income tax owed. In 2020 the credit was reduced to 26%, and for 2021 it was to drop to 22%. But thanks to the Covid...
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.
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.
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.
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...