by kramoltz@hotmail.com | Apr 28, 2021 | Home Buying
A significant amount of first time buyers are prevented from buying a home because they don’t have an enough money for a down payment. According to Nerdwallet, that percentage is 38%. Another survey says 44% of people can’t buy a new home due to insufficient cash to...
by kramoltz@hotmail.com | Mar 18, 2021 | Home Buying, Real Estate Facts & Figures
Historically 25% to 30% of all homes sold Maricopa County during any given year were newly built. As the chart below shows, this trend abruptly changed in 2007, with only 14.6% of all homes sold in Maricopa County in January 2021 being new builds – approximately...
by kramoltz@hotmail.com | Mar 12, 2021 | Home Buying
Home buyers need to move fast if they want to spend less. Delayed purchases will only result in higher monthly mortgage payments as prices (and maybe interest rates) rise. In the metro Phoenix marketplace prices have rose significantly in the last few years making...
by kramoltz@hotmail.com | Feb 8, 2021 | Home Buying, Renters and Renting
Back in 2011, 2013 , 2015 and most recently in October of 2018, I wrote how buying a home was cheaper than renting. ATTOM Data Solutions’ 2021 Rental Affordability Report shows that trend is continuing. Owning a median-priced 3 bedroom home is more affordable than...
by kramoltz@hotmail.com | Jan 8, 2021 | Home Buying
A new build is an attractive option when looking for a home. Here’s why: You Design It. You pick the floor plan and options that work for you. Energy Savings. New homes have energy efficient heating, cooling, insulation, and appliances that can result in significantly...
by kramoltz@hotmail.com | Nov 25, 2020 | Home Buying
In Part 1, I went over qualification questions you should ask when hiring an inspector. Here are 3 more pertaining to the process: 4. When is it and how long will the inspection last? You should always plan to attend the inspection. At a minimum, join it as the...
