by kramoltz@hotmail.com | Dec 1, 2020 | Arizona and Its Amenities, Real Estate Facts & Figures
Phoenix metro is one of the top 10 metro areas with the largest home price appreciation and rate of return. Housing wealth accumulation is built up by paying off mortgage debt and by price appreciation. It takes time, but nationally, a person who purchased a typical...
by kramoltz@hotmail.com | Nov 14, 2020 | Real Estate Facts & Figures
More sellers listed their homes in the Phoenix metro area in the 3rd quarter than in either the 1st or 2nd quarters of this year. This is not the normal seasonal pattern, but due to Covid this is not a normal season. And they are selling fast. There was a 92% increase...
by kramoltz@hotmail.com | Nov 9, 2020 | Real Estate Facts & Figures
Number 2 on the list of the top five consumer complaints is home improvement contractors. Problems include shoddy work, failure to start or complete a job, and failure to have proper licensing. Read 10 Musts When Hiring a Contractor about the importance of vetting...
by kramoltz@hotmail.com | Oct 26, 2020 | Real Estate Facts & Figures
Do some people like the idea of living in a haunted house? Nearly 60% of people who have lived in a haunted house didn’t know it was haunted before they moved in, according to the Realtor.com 2019 Haunted Real Estate Report, But around 37% knew the home was...
by kramoltz@hotmail.com | Oct 12, 2020 | Arizona and Its Amenities, Real Estate Facts & Figures
Construction starts for commercial and multifamily dipped 22% nationally and in all but two of the top metro areas in the first half of the year Construction Dive reports. But in the Phoenix area starts were up 82%, according to Dodge Data and Analytics. Those...
by kramoltz@hotmail.com | Oct 3, 2020 | Real Estate Facts & Figures
In Arizona there is a statute pertaining to bedbugs, but only in rental situations. It prohibits landlords from renting when they know bedbugs are present. The law also provides that if a tenant discovers it has bedbugs, it must notify the landlord in writing. If...
