Yearly Archives: 2016
Market Summary
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June 20, 2016
Michael Orr Journal Columnist Founder and Owner, Cromford® Report The market conditions in early June remain similar to April and May, with different price ranges in dramatically different situations. Sales volume is strong, well above 2015, but supply is the main factor that determines how the various market sectors are doing. Overall supply has… Read more
City Improvement Programs
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June 20, 2016
Tricia Covert Publisher, Arizona Journal of Real Estate & Business The status of the home market continues to be at the forefront of conversations for people both inside and outside of the real estate industry. With rising home prices, increased sales and even fix-n-flip transactions, various City Councils are also taking part in the conversation… Read more
Technology: Niche Websites
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June 20, 2016
Russ Scheetz Founder and Owner, Open House Hunters Educator, Arizona School of Real Estate & Business Over recent years, the real estate industry has discovered firsthand that technology is changing the way to conduct business – and it’s just the beginning of advancements ahead. Keeping up with technology is now a key factor of… Read more
Mortgage Bankers Association (MBA) Report
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June 20, 2016
Joel Kan Associate Vice President, Industry Surveys and Forecasting Mortgage Bankers Association The Arizona residential market continues to grow year over year, albeit at a slower pace and in a different fashion than the country as a whole. Between April 2016 and April 2015, applications for a mortgage to purchase a home increased 6.9 percent,… Read more
Minding The Income Gap
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June 20, 2016
Paul Ohanian Founder and CEO, Scottsdale Wealth Planning, Inc. There was a time when you could walk into your local bank and buy a 9 percent Certificate of Deposit (CD) as a common investment option. Today, that income staple is extinct. What was once a fairly cyclical pattern: interest rates go up and interest rates… Read more
A Message from David Schweikert Arizona Congressman
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June 20, 2016
David Schweikert Arizona Congressman Government overspending is creating a huge burden of debt that threatens the economic well-being of our children. Our national debt of more than $17 trillion has saddled us with liabilities equal to $53,000 for every adult and child in America. Federal agencies continue to ask for more, while wasting money… Read more
Investing In Opportunity Act (IIOA)
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June 20, 2016
Chis Camacho CEO, Greater Phoenix Economic Council What does it mean to invest in Arizona? As the region’s leading economic development organization, the Greater Phoenix Economic Council works to attract businesses to the Greater Phoenix region to add high quality jobs and create economic opportunity. We work with businesses from around the country –… Read more
Words from Jerry P. Weiers, Mayor of Glendale
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June 20, 2016
Mayor of Glendale Jerry Weiers THE DAWN FOR GLENDALE This is a great time for the City of Glendale. I’m proud to report on a number of exciting projects that will enhance our residents’ quality of life even more than today and reaffirm Glendale’s position as the leading economic engine for the West Valley…. Read more
HUD Says Screening Based on Arrest Record May Violate Fair Housing Act
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June 20, 2016
Christopher J. Charles, Esq. Provident Law As many as 100 million U.S. adults – or nearly one-third of the population – have a criminal record1. The U.S. Department of Housing and Urban Development (HUD) recently issued a warning and compelling statistics that reveal that certain protected classes are being disproportionately impacted by their criminal… Read more
Fifteen Noteworthy Notes
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June 19, 2016
P.R. ‘Randy’ Cooney Arizona School of Real Estate & Business In the spring of 2009, I received a phone call from Austin, Texas. On other line was the executive assistant for Mr. Gary Keller who is the founder of Keller Williams International Realty. His assistant was extending an invitation for me to attend a… Read more