by kramoltz@hotmail.com | May 24, 2023 | Home Buying, Real Estate Facts & Figures
In 2023 Housing Trends, Part 1 I detailed 3 new trends. Here are 3 more: 4. Cash Remains King. All-cash repeat buyers jumped to 27% of the market nationwide during 2022, up from 17% the previous year. In the Phoenix metro area it was 35%, with some zip codes much...
by kramoltz@hotmail.com | Mar 28, 2023 | Home Buying, Moving Tips, Uncategorized
According to North American Moving Services, Arizona continued to be a top destination to move to in 2022. Arizona had a 57% net inflow of movers, one of the highest in the nation. What states were the top losers? Illinois was number one with a 65% net outflow of...
by kramoltz@hotmail.com | Sep 21, 2022 | Arizona and Its Amenities
People have always left Los Angeles for Phoenix for a variety of reasons. The unfavorable economy and housing market in the LA area has accelerated that trend. Rising mortgage rates, high home prices, inflation and economic concerns are making southern California out...
by kramoltz@hotmail.com | Aug 5, 2022 | Selling Your Home
Studies have shown that some homeowners who want to move say they won’t put their home on the market because they are waiting for the highest possible price. This is the same unwise strategy holders of stocks employ when they say they won’t sell until a stock...
by kramoltz@hotmail.com | Jun 7, 2022 | Arizona and Its Amenities, Canada and Canadians, Global Buyers + Foreign Investment
It has been a while since I detailed who are flocking to the Valley of the Sun. The latest U.S. Census shows that by far the most movers to the Phoenix area are from Los Angeles, Long Beach and Anaheim. Tucson came in number two. Those from Asian countries were the...