by kramoltz@hotmail.com | Dec 20, 2019 | Real Estate Facts & Figures
The median home sale price in the metro Phoenix area in November was $285,000, a new median price record. For December, it is anticipated that median sales will set a new high-water mark for 2019. If true, based on the past, a new record median price for December will...
by kramoltz@hotmail.com | Jan 24, 2019 | Home Buying
Get a Good Deal. When you don’t have an agent, finding the perfect home is a challenge. Agents see homes enter and leave the market every day – homes with diverse styles, prices, and neighborhoods. Agents are able to see when patterns emerge, and can tell...
by kramoltz@hotmail.com | Jan 11, 2019 | Home Buying
Get What You Want. Shopping for a new home can be a daunting task. You may know exactly what you want or a good idea of what you’re looking for, but you still have to find it. That can mean countless hours of scouring listing after listing, poring over every...
by kramoltz@hotmail.com | Jul 9, 2018 | Selling Your Home
The Endowment Effect is the tendency of sellers to over value the things that they own. When combined with loss aversion instincts, the Endowment Effect can cripple the home sale process. An example of its impact was shown by an experiment where half of a group were...
by kramoltz@hotmail.com | May 22, 2018 | Home Buying, Real Estate Facts & Figures
Housing price stats are often given through a “median price.” A median price is that which is right in the middle, so that half of the homes sold were priced more and the other half less. But they can be distorted by sales of homes at the fringes of the market...
