by kramoltz@hotmail.com | Dec 21, 2021 | Home Buying
Home prices rose by 33.1% in the Phoenix metro area to lead the nation. This is no surprise to area buyers and sellers. Inventory in the popular price ranges continues to constrict so buyers shouldn’t expect a more balanced market in the immediate future. But there is...
by kramoltz@hotmail.com | Nov 29, 2021 | Home Buying, Selling Your Home
Tucson and Phoenix are among the top 5 U.S. markets for cash single-family house and condo sales according to ATTOM’s most recent 2021 U.S. Home Sales Analysis. ATTOM reported that nationwide all-cash purchases reached the highest level since the first quarter of...
by kramoltz@hotmail.com | Apr 28, 2021 | Home Buying
A significant amount of first time buyers are prevented from buying a home because they don’t have an enough money for a down payment. According to Nerdwallet, that percentage is 38%. Another survey says 44% of people can’t buy a new home due to insufficient cash to...
by kramoltz@hotmail.com | Mar 12, 2021 | Home Buying
Home buyers need to move fast if they want to spend less. Delayed purchases will only result in higher monthly mortgage payments as prices (and maybe interest rates) rise. In the metro Phoenix marketplace prices have rose significantly in the last few years making...
by kramoltz@hotmail.com | Feb 8, 2021 | Home Buying, Renters and Renting
Back in 2011, 2013 , 2015 and most recently in October of 2018, I wrote how buying a home was cheaper than renting. ATTOM Data Solutions’ 2021 Rental Affordability Report shows that trend is continuing. Owning a median-priced 3 bedroom home is more affordable than...
