by kramoltz@hotmail.com | Oct 12, 2020 | Arizona and Its Amenities, Real Estate Facts & Figures
Construction starts for commercial and multifamily dipped 22% nationally and in all but two of the top metro areas in the first half of the year Construction Dive reports. But in the Phoenix area starts were up 82%, according to Dodge Data and Analytics. Those...
by kramoltz@hotmail.com | Sep 29, 2020 | Arizona and Its Amenities, Home Buying
It may appear that investors are driving the housing market now due to the frenzy in the lower end of the market. But almost 90% of the people who bought homes in the Valley of the Sun in July and August of 2020 were owner occupants or second home buyers. During the...
by kramoltz@hotmail.com | Sep 22, 2020 | Arizona and Its Amenities, Real Estate Facts & Figures
The Valley of the Sun leads the nation in home price growth, with year-over-year price increases of 9% in June, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. Phoenix’s 4.3% growth is now more than twice the year-over-year...
by kramoltz@hotmail.com | Sep 9, 2020 | Arizona and Its Amenities, Real Estate Facts & Figures
Phoenix area housing records are being smashed and the luxury home market is not exempt. Michael Orr of The Cromford Report reported that for home sales over $500,000 “[t]he recovery of the luxury market in July was nothing short of amazing, with an increase of 30%...
by kramoltz@hotmail.com | Sep 4, 2020 | Arizona and Its Amenities
HireAHelper examined U.S. moving trends to determine where people were migrating to during the pandemic. They analyzed more than 25,000 moves booked in 2020. Scottsdale, Az. was the top city by net moves, with 68% more people moving in versus moving out. The high cost...
by kramoltz@hotmail.com | Aug 21, 2020 | Arizona and Its Amenities
In Phoenix Best U.S. City for Remote Workers, I reported that metro Phoenix was rated the best overall in the U.S. for working at home. WhistleOut has also analyzed working at home, and has rated Scottsdale a millennial remote worker’s paradise. Scottsdale had a score...