by kramoltz@hotmail.com | Apr 9, 2020 | Home Ownership
I’ve written a couple of blogs (the latest being Do You Have an HOA Dispute? Part 2) about how a homeowner to contest a notice of violation or fine by a Homeowner’s Association. It is an alternative to the civil court system administered by the Arizona...
by kramoltz@hotmail.com | Mar 23, 2020 | Arizona and Its Amenities, Home Ownership
Back in the 1970-80s, about 40% of new homes in the Phoenix metro area were built with pools. As of 2014, only 6% were. And some owners of older homes are removing existing pools. Reasons given are safety, the burden and cost of ongoing maintenance, and the energy...
by kramoltz@hotmail.com | Jan 10, 2020 | Home Ownership, Real Estate Facts & Figures
Phoenix has the highest home-price appreciation in the country according to the October numbers from the S&P CoreLogic Case-Shiller index. Nationally, home prices were up 3.3% year over year, but Phoenix led the U.S. with a 5.8% year-over-year home price rise...
by kramoltz@hotmail.com | Dec 3, 2019 | Home Ownership, Renters and Renting
State law allows owners to rent out their homes short term, subject to certain administrative rules. So they can’t be banned by cities, and counties. But in response to “party house” type problems, state law allows cities to prohibit short-term rentals from hosting...
by kramoltz@hotmail.com | Nov 12, 2019 | Home Ownership
Bankrate.com reports that 31% of people believe that #realestate is the best long term #investment to build wealth. The stock market was a distant second at 20%. The #Phoenix area’s home value growth shows this belief is reality.
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...
