by kramoltz@hotmail.com | Apr 20, 2020 | Home Buying, Real Estate Facts & Figures
Do you know what the difference is between a street, an avenue and a road? The city of Phoenix uses a grid system for roadways, with suffixes organized according to location. That means that numbered streets west of Central Avenue will use the suffixes Avenue, Drive,...
by kramoltz@hotmail.com | Mar 26, 2020 | Home Buying, Renters and Renting
Metro Phoenix area apartment rent increases lead the nation, rising 7.4% over the past year. Almost every Valley of the Sun city beat the national 3% increase, with the city of Surprise leading the way with a remarkable 16% rent hike. Luxury complexes are still being...
by kramoltz@hotmail.com | Dec 17, 2019 | Home Buying, Real Estate Facts & Figures
New home sales in the Phoenix metro area were up 36% in October 2019 over that same month in 2018. In addition, single-family building permits in October 2019 were the most issued since July 2007.This means new home construction is finally catching up after years of...
by kramoltz@hotmail.com | Nov 19, 2019 | Home Buying, Title Insurance + Escrow
A service is shopable in the home sale process if there are different providers which quote different prices. An example of shopable service costs are a home warranty and a home inspection. But escrow and title services (the biggest costs) are not really shopable in...
by kramoltz@hotmail.com | Oct 31, 2019 | Home Buying
An agent checked out a new listing of an old home. All of the bedrooms of the home were in the basement. The agent walked down the stairs into a long, dark hallway that lead to what appeared to be the master bedroom. Every turn she took in that room she felt someone...
by kramoltz@hotmail.com | Oct 28, 2019 | Home Buying, Home Ownership
About a week prior to close of escrow the sellers received a letter from a person called “The Watcher.” The letter claimed a right of possession to the home. Following close of escrow, the buyers began receiving threatening letters from The Watcher, who advised the...
