by kramoltz@hotmail.com | May 22, 2018 | Home Buying, Real Estate Facts & Figures
Housing price stats are often given through a “median price.” A median price is that which is right in the middle, so that half of the homes sold were priced more and the other half less. But they can be distorted by sales of homes at the fringes of the market...
by kramoltz@hotmail.com | May 2, 2018 | Real Estate Facts & Figures
New condo sales in the Phoenix metro area were up 57% last year over 2016, setting a yearly record. Resales were also up 12%. This reflects the popularity of this style of housing choice and the affordability of condos – as increases in value of single family...
by kramoltz@hotmail.com | Aug 31, 2017 | Arizona and Its Amenities, Real Estate Facts & Figures
Arizona ranked second behind Florida for drawing the most people over 60, according to personal finance firm Smartasset. It analyzed the latest Census data from 2015 and found Arizona grew by 27,576 retirees. It also attributed the state’s low property taxes to the...
by kramoltz@hotmail.com | Jul 21, 2017 | Real Estate Facts & Figures
The SimplySOLD™ office is located in Phoenix’s 85016 zip code, an area we have a lot of experience in. According to housing data provided by HouseCanary, in 85016 there were 162 total listings on the market last month – compared to 152 total listings last...
by kramoltz@hotmail.com | Apr 7, 2017 | Real Estate Facts & Figures
Luxury Condos tend to take a longer time to sell, but the amount of South Florida inventory is out of control. According to Barrons.com, there are currently more condominiums being listed above $1 million than ever before, with over 55 months of supply. And it looks...
by kramoltz@hotmail.com | Mar 2, 2017 | Global Buyers + Foreign Investment, Real Estate Facts & Figures
Although there is periodic reshuffling in the order of the countries below, one thing doesn’t change. Canada is always is always ranked number 1. And despite our proximity to Mexico, typically there are several European countries that have a larger business presence...
