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...
by kramoltz@hotmail.com | Jan 23, 2021 | Arizona and Its Amenities, Real Estate Facts & Figures
We began 2020 with normal demand while seeing a 31% decline in homes for sale in metro Phoenix. This lack of supply was described by Michael Orr at that time as “shocking”. Although during the first six months of the year demand was uneven due to the Covid outbreak,...
by kramoltz@hotmail.com | Jan 13, 2021 | Real Estate Facts & Figures
Various websites provide crime statistics and studies, and may have information concerning the area of the county you want to buy a home in. One is Raidsonline, which provides crime stats for cities all over the country. The Arizona Republic’s Neighborhood webpage...
by kramoltz@hotmail.com | Jan 8, 2021 | Home Buying
A new build is an attractive option when looking for a home. Here’s why: You Design It. You pick the floor plan and options that work for you. Energy Savings. New homes have energy efficient heating, cooling, insulation, and appliances that can result in significantly...
by kramoltz@hotmail.com | Dec 19, 2020 | Mortgages + Lending
Mortgage interest rates have hit another record low. The average for a fixed rate 30 year loan dropped to 2.81% – the lowest in about the 50 years records have been kept. There have been 10 record lows so far this year, with the previous lowest one being 2.86%....