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How’s the Market?

How’s the Market?

by kramoltz@hotmail.com | Sep 22, 2021 | Arizona and Its Amenities, Home Buying

As of August, still very pro seller in the greater Phoenix area. Statements that the market was evening out over the summer were premature. An example is the absorption rate. The absorption rate measures the rate at which homes are sold during a given time period. The...
Phoenix Luxury Market Thrives, Part 2.

Phoenix Luxury Market Thrives, Part 2.

by kramoltz@hotmail.com | Jul 31, 2021 | Arizona and Its Amenities, Real Estate Facts & Figures

In Phoenix Luxury Market Thrives I wrote about the large increase in the sale of homes priced at $1 million in the Phoenix area from 2019 to 2020. Updated data shows that in April of this year sales of one million dollar homes and up hit a new record – up 75%...
Two Valley Cities in Top 10.

Two Valley Cities in Top 10.

by kramoltz@hotmail.com | Jul 19, 2021 | Arizona and Its Amenities

Phoenix, Arizona area cities Scottsdale and Gilbert are top 10 best places to raise a family according to WalletHub. It compared more than 180 U.S. cities based on 48 factors including the cost of housing, the quality of local school and health-care systems, and the...
Buy a Home in the Arizona High Country.

Buy a Home in the Arizona High Country.

by kramoltz@hotmail.com | Jul 5, 2021 | Arizona and Its Amenities, Home Buying

For the first time SimplySOLD has access to homes listed for sale in Gila County. This includes cities and towns like Payson, Pine, Strawberry, Christopher Creek, Kohl’s Ranch and the Heber/Overgaard area. So we can now make available second or vacation homes outside...
Phoenix’s Hottest Higher End Neighborhoods.

Phoenix’s Hottest Higher End Neighborhoods.

by kramoltz@hotmail.com | Jun 15, 2021 | Arizona and Its Amenities, Home Ownership, Real Estate Facts & Figures

The increase in values that has dramatically affected lower priced homes in metro Phoenix has spread. Higher value neighborhoods across the Valley of the Sun have seen significant increases since March 2020. The greatest rise in home prices occurred in Peoria’s zip...
They’re Moving to Lower Cost States.

They’re Moving to Lower Cost States.

by kramoltz@hotmail.com | May 12, 2021 | Arizona and Its Amenities, Real Estate Facts & Figures

For higher earners and retirees, moving from high cost states make sense. The top 5 states losing population in 2020 (according to United Van Lines) were New Jersey, New York, Illinois, Connecticut and California. Those gaining the most population were Idaho, South...
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