by kramoltz@hotmail.com | Aug 6, 2021 | Home Ownership, Real Estate Facts & Figures
In Solar Tax Credits Are Disappearing! I related that before January 1, 2020, an owner of solar panels was entitled to a 30% credit against federal income tax owed. In 2020 the credit was reduced to 26%, and for 2021 it was to drop to 22%. But thanks to the Covid...
by kramoltz@hotmail.com | Jul 31, 2021 | Arizona and Its Amenities, Real Estate Facts & Figures
In Phoenix Luxury Market Thrives I wrote about the large increase in the sale of homes priced at $1 million in the Phoenix area from 2019 to 2020. Updated data shows that in April of this year sales of one million dollar homes and up hit a new record – up 75%...
by kramoltz@hotmail.com | Jun 22, 2021 | Home Buying, Real Estate Facts & Figures
Housing permits in the Phoenix metropolitan area – which includes Mesa and Scottsdale – are up by nearly 36% from last year. Despite the recent shocking increase in building costs, and corresponding sale price increases, Valley of the Sun housing building...
by kramoltz@hotmail.com | Jun 15, 2021 | Arizona and Its Amenities, Home Ownership, Real Estate Facts & Figures
The increase in values that has dramatically affected lower priced homes in metro Phoenix has spread. Higher value neighborhoods across the Valley of the Sun have seen significant increases since March 2020. The greatest rise in home prices occurred in Peoria’s zip...
by kramoltz@hotmail.com | Jun 7, 2021 | Home Buying, Real Estate Facts & Figures
In 2020 in the Phoenix-Mesa-Scottsdale metropolitan area 3,233 homes priced at $1 million or more were sold, a 56% jump from 2019 according to Realtor.com. Those sales far outpaced other single-family home sales, which saw an 8% growth overall. Overall, prices for...
by kramoltz@hotmail.com | May 12, 2021 | Arizona and Its Amenities, Real Estate Facts & Figures
For higher earners and retirees, moving from high cost states make sense. The top 5 states losing population in 2020 (according to United Van Lines) were New Jersey, New York, Illinois, Connecticut and California. Those gaining the most population were Idaho, South...
