by kramoltz@hotmail.com | Jul 22, 2015 | Real Estate Facts & Figures
Facts and figures on the sale prices of homes are often confusing and can even be misleading. One problem is that many of these statistics combine both new and resale prices into one data point. In a marketplace where there is a significant difference between the...
by kramoltz@hotmail.com | May 27, 2015 | Home Ownership, Real Estate Facts & Figures
Only 4% of all U.S. single-family home sales in the first quarter were flips – defined as sold for a second time within a 12-month period. According to RealtyTrac’s first quarter 2015 U.S. Home Flipping Report, this was the lowest number of homes flipped...
by kramoltz@hotmail.com | May 21, 2015 | Arizona and Its Amenities, Real Estate Facts & Figures
Second home purchases jumped to a record high in 2014, climbing to an estimated 1.13 million last year, the highest since NAR began its survey in 2003. According to the National Association of REALTORS®’ 2015 Investment and Vacation Home Buyers Survey,...
by kramoltz@hotmail.com | May 12, 2015 | Real Estate Facts & Figures
Phoenix-Mesa-Scottsdale area’s 3.7% increase in the price of single-family homes in March was the 8th largest in the last 12 months in the U.S. according to CoreLogic.
by kramoltz@hotmail.com | Apr 28, 2015 | Real Estate Facts & Figures
Resale home closings in the Phoenix metro area for March were up about 40% over February. But March’s housing supply was still well below normal. Total supply was 11.5% lower than March last year, and supply wasn’t that great in March, 2014. But there is good news. ...
by kramoltz@hotmail.com | Feb 28, 2015 | Real Estate Facts & Figures
The latest market analysis (for May 2011) was released by our local Multiple Listing Service. The good news is that sales are up over last year, with about 9,000 homes sold for three months in a row. This is due to the record affordability of housing in the...
