by kramoltz@hotmail.com | Sep 15, 2023 | Home Buying, Selling Your Home
Baby boomers comprised the highest share of buyers and sellers nationwide according to the National Association of REALTORS®’ 2023 Home Buyers and Sellers Generational Trends Report. Baby boomers—people ages 58 to 76—accounted for 53% of sellers and 39% of...
by kramoltz@hotmail.com | Jan 30, 2023 | Arizona and Its Amenities, Home Buying
The Phoenix metro area was the nation’s top buyers’ market as of October 2022. That is according to the Knock Buyer-Seller Market Index, which analyzes whether the nation’s 100 largest markets favor home buyers or sellers. In Phoenix, a typical...
by kramoltz@hotmail.com | Nov 15, 2022 | Arizona and Its Amenities
Arizona’s housing deficit has increased 1,377% since 2012 – representing 122,683 homes – according to a report by Washington, D.C.-based Up for Growth. Arizona didn’t have a housing deficit issue in 2012, but explosive growth and below par construction...
by kramoltz@hotmail.com | May 19, 2020 | Selling Your Home
When you hear from the media that it’s a sellers market that’s still not a reason to overprice your home. An intelligent price will be based on recent sales of comparable properties in the immediate area. If you price your home at or close to market value,...
by kramoltz@hotmail.com | Feb 22, 2020 | Real Estate Facts & Figures
In an earlier blog, Housing Inventories Low, I related how less homes are for sale nationwide. As to the metro Phoenix market, Michael Orr of the Cromford Report explained that “[t]he current situation is remarkable. The lack of supply can only be described as...
