by kramoltz@hotmail.com | Mar 5, 2019 | Real Estate Facts & Figures
The return on investment in income property is tied to two basic economic components: the annual net income it produces, plus the proceeds of refinancing or sale. Therefore the total return on a real property asset is a combination of annual returns and the final...
by kramoltz@hotmail.com | Jan 28, 2019 | Real Estate Facts & Figures, Real Estate History
The modern Anglo-American trust is a unique legal device. In the U.S. we use trusts primary as methods to hold and convey property, often to heirs as an estate planning device. There are a couple of theories concerning the origin of the trust, with the latest being...
by kramoltz@hotmail.com | Jan 18, 2019 | Home Ownership, Real Estate Facts & Figures
Until recently it was believed to be illegal to connect a down spout to a rain barrel in most urban areas in Colorado. Rain barrels are a great way to collect periodic rainfall for garden use – I have three with 40 gallons capacity each. The problem in Colorado...
by kramoltz@hotmail.com | Oct 24, 2018 | Home Ownership, Real Estate Facts & Figures
Arizona’s homestead exemption allows a person to protect from certain creditors up to $150,000 of the equity in the home they live in (house, condominium, or mobile home). It applies only to non-consensual liens. A non-consensual lien is one which arises from a...
by kramoltz@hotmail.com | Aug 6, 2018 | Canada and Canadians, Real Estate Facts & Figures
April of 2018 saw the lowest number of sales of metro Phoenix area homes to Canadian buyers since 2009. Canadian sales peaked in April of 2011, but since then the declining Canadian dollar and our healthy real estate market has taken a toll. As a result, more...
by kramoltz@hotmail.com | Jun 8, 2018 | Home Buying, Real Estate Facts & Figures
According to the NAR Profile of Home Buyers and Sellers, Millennials are the largest share of recent home buyers at 36%, with 65% of them being first-time buyers. Gen Xers are 26% of recent home buyers, with younger Baby Boomers coming in at 18%. Older Baby Boomers...
