by kramoltz@hotmail.com | Mar 18, 2016 | Home Buying, Real Estate Facts & Figures
The metro Phoenix new home market is recovering, with Catherine Reagor reporting that permits in January were up 57% over that same month last year. In addition, in Mesa the master planned community of Eastmark ranked number one for the biggest increase in sales...
by kramoltz@hotmail.com | Mar 11, 2016 | Home Buying
Unique design and modern luxury are combined in this state of the art, approx. 7,000 sq. ft. home on Dromedary in the heart of Arcadia proper. A masterpiece of architecture and design, this one-of-a-kind 6 bedroom, 9 bath house created by renowned builder Arcadia...
by kramoltz@hotmail.com | Mar 8, 2016 | Home Buying, Real Estate Facts & Figures
Mike Orr of the Cromford Report pointed to difficulties obtaining financing in all price ranges as a drag on the housing market. Talk of an easing of credit requirements in 2015 was just that, talk, as “lending standards remain stubbornly high”. For example, the...
by kramoltz@hotmail.com | Feb 19, 2016 | Home Buying, Real Estate Facts & Figures
A study by the nonprofit Consumer Federation of America finds that major auto insurance companies charge good drivers up to 47% more for basic liability auto insurance if they don’t own a home. Premiums averaged 7% higher – about $112 more per year. This is another...
by kramoltz@hotmail.com | Jan 26, 2016 | Global Buyers + Foreign Investment, Home Buying
In my Ho-Hum, not Ho, Ho, Ho blog, I reported on the low demand in the $400,000 plus – and the over $1,000,000, price ranges. The lack of buyers is a particular problem above $2 million. Mike Orr of ASU says demand is anemic, and buyers “can take the time to be very...
by kramoltz@hotmail.com | Jan 20, 2016 | Home Buying, Real Estate Facts & Figures
Catherine Reagor of the Arizona Republic reports that new home permits in the Phoenix metro area were up more than 40% in 2015 compared with 2014. And things really picked up at the end of 2015. For example, there were 1,076 permits issued in November, 75% higher than...
