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!
Foreign Purchases Expand Across The U.S.
Foreign investment in residential U.S. real estate has skyrocketed according to the 2017 Profile of International Activity in U.S. Residential Real Estate. In the 12 month period from April 2016 – March 2017, 284,455 homes were bought by foreign buyers (up 32%), for a...
Landlord Maintenance Tips.
If you are a landlord, there are some maintenance tasks your tenants should be doing. For example, replacing the air filters for the HVAC unit. Or making sure the batteries are functioning in the smoke detectors. These are simple yet important functions most landlords...
85016 Market Snapshot.
The SimplySOLD™ office is located in Phoenix’s 85016 zip code, an area we have a lot of experience in. According to housing data provided by HouseCanary, in 85016 there were 162 total listings on the market last month - compared to 152 total listings last year...
Decoding Sale and Loan Docs, Part 5.
In What's in a Preliminary Title Report? I told you about the importance of the preliminary title report/title commitment. The commitment is an important buyer “Transactional” category document (see Part 1's description of the four categories), because it is the...
Strong Global Interest Continues.
The National Association of REALTORS has released a report that shows strong foreign interest in U.S. commercial real estate in 2016. According to the report, one-fifth of commercial REALTORS® closed a cross-border commercial real estate transaction with an...
Get Less with Dual Agency.
Cana dual agent (works for both the buyer and seller) point out to the buyer he or she supposedly represents a negative characteristic of the listed property? For example, that the seller told the agent the AC is old and inefficient which results in high utility...