by kramoltz@hotmail.com | Feb 2, 2022 | Home Buying, Home Ownership
The Woke movement has hit real estate. Realtor.com and Redfin are deleting crime data listed on their websites because it could “perpetuate racial inequity.” Realtor.com removed its crime map from all search results to “level the playing field.”. Redfin doesn’t think...
by kramoltz@hotmail.com | Jan 12, 2022 | Home Buying
A buyer love letter is a letter written by the buyers to the sellers that accompanies an offer. It is an emotional appeal to the sellers in an attempt to get the sellers to accept the buyers’ offer. Typically, the buyers write about how much they love the home and how...
by kramoltz@hotmail.com | Dec 21, 2021 | Home Buying
Home prices rose by 33.1% in the Phoenix metro area to lead the nation. This is no surprise to area buyers and sellers. Inventory in the popular price ranges continues to constrict so buyers shouldn’t expect a more balanced market in the immediate future. But there is...
by kramoltz@hotmail.com | Nov 29, 2021 | Home Buying, Selling Your Home
Tucson and Phoenix are among the top 5 U.S. markets for cash single-family house and condo sales according to ATTOM’s most recent 2021 U.S. Home Sales Analysis. ATTOM reported that nationwide all-cash purchases reached the highest level since the first quarter of...
by kramoltz@hotmail.com | Nov 8, 2021 | Home Buying, Selling Your Home, The Attorney-Broker Advantage
The Consumer Federation of America recently released a report critical of real estate agency practices. In The Agency Mess, the CFA noted that although consumers think agents represent their best interest, many agents actually represent the interests of the other...
by kramoltz@hotmail.com | Sep 22, 2021 | Arizona and Its Amenities, Home Buying
As of August, still very pro seller in the greater Phoenix area. Statements that the market was evening out over the summer were premature. An example is the absorption rate. The absorption rate measures the rate at which homes are sold during a given time period. The...
