by kramoltz@hotmail.com | Jul 10, 2020 | Real Estate Facts & Figures
Tom Ruff of the Information Exchange reports that the number of listings that went under contract in May were the most in 2020, surpassing the highwater mark of March. So its no surprise that closed sales in June were the highest so far this year, falling only 91...
by kramoltz@hotmail.com | Mar 3, 2020 | Arizona and Its Amenities
Phoenix is currently the strongest large-city housing market in the USA. As related in my blog Who’s Moving to Arizona?, this is fueled by inter-state population movements. Retirees are a big part of that, but so are people moving here from California and other...
by kramoltz@hotmail.com | Feb 7, 2020 | Real Estate Facts & Figures
According to a REALTOR.com study, housing inventories dropped 12% nationally from 2018 to 2019, the largest year over year decline in nearly 3 years. As a result, the U.S. market has a large housing inventory under supply. This is occurring just as 4.8 million...
by kramoltz@hotmail.com | Jan 28, 2020 | Real Estate Facts & Figures
2019 ended as the year with the 4th highest number of homes sold in metro Phoenix history. When disregarding the other 3, which were all considered abnormal markets, it was the best ever. Both the median as well as the average sales prices hit historic highs, both...
by kramoltz@hotmail.com | Jan 14, 2020 | Selling Your Home
You need to know what your home is really worth before you put it on the market. All the pictures, advertising and other marketing efforts will be useless if the price is not right. There are a number of free online web evaluation system such as Zillow.com (or...