by kramoltz@hotmail.com | Mar 25, 2016 | Arizona and Its Amenities, Real Estate Facts & Figures
The Washington Post reports that Arizona was among the big winners for net migration. The latest figures from the Census Bureau show the state gained about 45,000 residents from other states. Arizona ranked fourth highest in the nation in net migration last...
by kramoltz@hotmail.com | Mar 18, 2016 | Home Buying, Real Estate Facts & Figures
The metro Phoenix new home market is recovering, with Catherine Reagor reporting that permits in January were up 57% over that same month last year. In addition, in Mesa the master planned community of Eastmark ranked number one for the biggest increase in sales...
by kramoltz@hotmail.com | Mar 8, 2016 | Home Buying, Real Estate Facts & Figures
Mike Orr of the Cromford Report pointed to difficulties obtaining financing in all price ranges as a drag on the housing market. Talk of an easing of credit requirements in 2015 was just that, talk, as “lending standards remain stubbornly high”. For example, the...
by kramoltz@hotmail.com | Feb 29, 2016 | Mortgages + Lending, Real Estate Facts & Figures
Mortgage rates declined for the week ending February 25, further boosting buyer affordability, with 30-year fixed-rate mortgages averaging 3.62%, and 15-year fixed-rate mortgages averaging 2.93%. Since the beginning of 2016, Freddie Mac reports that the 30-year rate...
by kramoltz@hotmail.com | Feb 19, 2016 | Home Buying, Real Estate Facts & Figures
A study by the nonprofit Consumer Federation of America finds that major auto insurance companies charge good drivers up to 47% more for basic liability auto insurance if they don’t own a home. Premiums averaged 7% higher – about $112 more per year. This is...
by kramoltz@hotmail.com | Feb 15, 2016 | Real Estate Facts & Figures, The Attorney-Broker Advantage
Buying or selling a home is highest dollar transaction most people engage in. To protect the public, what does the state of Arizona require of real estate agents?1. A four year University degree (Bachelor of Science or Arts), three years post-graduate and a...
