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...
by kramoltz@hotmail.com | Sep 25, 2020 | Home Buying, Home Ownership
Over the years research has shown that new or updated kitchens are the most important feature when house hunting. This is also my experience in the metro Phoenix area as Arizonans spend a lot of time in or around the kitchen. Plus new appliances have a lot of impact...
by kramoltz@hotmail.com | Aug 28, 2020 | Home Buying
At SimplySOLD, we strongly recommend that buyers obtain a home inspection. But under Arizona law, inspectors are not required to report on the presence of: 1. termites, rodents, snakes or insects (a separate wood infestation inspection is required for termites); 2.any...
by kramoltz@hotmail.com | Aug 24, 2020 | Home Buying
Prior to the pandemic, house hunters were focused on amenities. Since COVID-19, house hunters are now showing more interest in more space and its configuration. Research by the National Association of Realtors shows that the top feature desired by buyers is a home...
by kramoltz@hotmail.com | Aug 3, 2020 | Home Buying, Selling Your Home
According to home ebuyer Opendoor, in metro Phoenix the top 5 things that hurt home values are: 1. Commercial neighbors: $7,200 average deduction; 2. Formica or tile kitchen counters: $4,900 average deduction; 3. Located on a busy street: $4,500 average deduction; 4....
by kramoltz@hotmail.com | Jul 20, 2020 | Home Buying, Selling Your Home
Market Data Approach. This approach, also known as the comparable sales approach, is used when the property being evaluated is similar to and can be compared with other properties that have recently sold in the area. This is the method used for residential properties,...
