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82% Jump in Phoenix Construction Starts.

82% Jump in Phoenix Construction Starts.

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...
Who is Buying in Phoenix?

Who is Buying in Phoenix?

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...
Phoenix is No. 1, Again.

Phoenix is No. 1, Again.

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...
The Luxury Market is Booming.

The Luxury Market is Booming.

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%...
They’re Moving to Scottsdale.

They’re Moving to Scottsdale.

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...
Scottsdale No.1 for Millennials Working Remotely.

Scottsdale No.1 for Millennials Working Remotely.

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...
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