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...
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...
by kramoltz@hotmail.com | Mar 26, 2021 | Arizona and Its Amenities
There are about 62,000 properties with an elevated risk of flooding in the metro Phoenix area. In the Scottsdale area – where SimplySOLD does a lot of work, the most impact is in the 85255 area code. To figure out if a property is in a flood plain, and if so,...
by kramoltz@hotmail.com | Feb 26, 2021 | Arizona and Its Amenities, Real Estate Facts & Figures
The metro Phoenix housing market broke records in 2020 according to the Cromford Report. Home sales in Pinal and Maricopa County set new records for highest listing success rate, highest average price for monthly sales and annual sales, and highest square foot price...
by kramoltz@hotmail.com | Jan 23, 2021 | Arizona and Its Amenities, Real Estate Facts & Figures
We began 2020 with normal demand while seeing a 31% decline in homes for sale in metro Phoenix. This lack of supply was described by Michael Orr at that time as “shocking”. Although during the first six months of the year demand was uneven due to the Covid outbreak,...
by kramoltz@hotmail.com | Dec 27, 2020 | Arizona and Its Amenities, Real Estate Facts & Figures
December 2020 in metro Phoenix began with 28.2% fewer homes for sale today than a year ago, with record lows for the number of homes available in many areas. At the same time, demand increased 27.4% year-over-year, with the highest sales volume for any November in...