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 Sales Rebound.
The metro Phoenix new home market is recovering, with Catherine Reagor reporting that permits in January were up 57% over that same month last year. In addition, in Mesa the master planned community of Eastmark ranked number one for the biggest increase in sales...
Death and Home Building in Ancient Times.
In ancient times a lot of things could get you killed, including building a house. For example, the law created by the Babylonians known as the Code of Hammurabi included some stiff penalties for builders of unsound homes:“If a builder builds a house for someone, and...
Luxury Living at its Finest: Our Latest Listing.
Unique design and modern luxury are combined in this state of the art, approx. 7,000 sq. ft. home on Dromedary in the heart of Arcadia proper. A masterpiece of architecture and design, this one-of-a-kind 6 bedroom, 9 bath house created by renowned builder Arcadia...
Lending Standards Stubbornly High.
Mike Orr of the Cromford Report pointed to difficulties obtaining financing in all price ranges as a drag on the housing market. Talk of an easing of credit requirements in 2015 was just that, talk, as “lending standards remain stubbornly high”. For example, the...
Love Animals? Support the Humane Society Through SimplySOLD.
SimplySOLD™ donates to the Arizona Humane Society each time a qualifying transaction closes. In the last 8 months, I have sent checks to AHS in an amount over $1,000. If you love animals, buying or selling a home through SimplySOLD™ will contribute to...
Mortgage Rate Free Fall?
Mortgage rates declined for the week ending February 25, further boosting buyer affordability, with 30-year fixed-rate mortgages averaging 3.62%, and 15-year fixed-rate mortgages averaging 2.93%. Since the beginning of 2016, Freddie Mac reports that the 30-year rate...