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Market Summary

Market Update

Michael Orr Journal Columnist Founder and Owner, Cromford® Report   I have read a number of comments that July’s sales numbers were weaker than expected, showing a 3 percent fall compared with July 2015. People tend to think all Julys are created so a comparison of July 2015 and July 2016 sounds like apples to… Read more

The Future of Designs

Industry News

Kermit Baker Chief Economist, The American Institute of Architects   In order to get a sense of what will be the dominant forces in design, construction of homes and buildings over the next decade, the American Institute of Architects (AIA) conducted a recent survey. The survey respondents were made up of a panel of nearly 1000… Read more

The Importance of Organizational Culture

Local, Special Interest

Pamela Barker President and Founder, Genesis Strategic Planning, Inc   For the past several years, the subject of “organizational culture” also known as “company culture” has appeared in nearly every business publication throughout the U.S. Information supporting the topic includes fact-filled research validating the importance of company culture and its impact on profitability. What is company… Read more

Economic Update

Market Update

Sandra Watson President & CEO, Arizona Commerce Authority   Arizona is known for our spirit of opportunity and with Governor Ducey’s leadership we are getting things done! Our state continues to receive national accolades for our progress. Here are a few recent highlights: A July 2016 update from the Bureau of Economic Analysis shows that… Read more

Words from Greg Stanton Mayor of Phoenix

General Real Estate, Local

Greg Stanton Mayor, City of Phoenix   If You Haven’t Been to Phoenix Recently, You Haven’t Been to Phoenix During a recent business recruiting trip to San Francisco, a Bloomberg Radio host asked me how Phoenix contends with its long-standing reputation – indirectly defined as a sunny place to retire and play golf. Proudly, I… Read more

Dining Trends

Local, Special Interest

Diana Brandt Founder, Arizona Foodie   Dining in Arizona is growing in leaps and bounds. As a professional in the real estate industry, it’s important to be a neighborhood expert. That means knowing what restaurants are sprouting up around town and being able to share that knowledge with your clients. Our food scene is only going… Read more

Arizona is a Top-Tech Job Generator

Special Interest, Technology/ Social Media

Steve Zylstria President & CEO, Arizona Technology Council   If you live here, you probably haven’t noticed but Arizona has one of the hottest technology job markets in the country right now. There’s nothing particularly unique about how Arizona is adapting to technology as compared to other tech hubs. It’s just that “information technology” (IT) is… Read more

Commercial Shaming Building Owners

Commercial Corner

Timothy Lawless President, National Association of Industrial and Office Properties (NAIOP) – AZ   The commercial real estate industry in Arizona recognizes demand for energy-efficient office and industrial space. As a result, the industry is already taking important steps to reduce the energy consumption of buildings through voluntary and market driven approaches. These approaches should be… Read more

Market Summary

Market Update

Michael Orr Journal Columnist, Founder and Owner, Cromford® Report   The second quarter was strong and healthy for the sale of homes up to $1 million, but serious problems remain for the higher end of the market above the million dollar mark. Overall supply has fallen substantially as homes are taken off the market for the… Read more

The Evolution of Masterplanned Communities

Market Update

Karrin Taylor Founder and President, Arizona Strategies   One thing is certain since the advent of masterplanned communities (MPCs) decades ago – what they look like and who wants to live there is constantly evolving. Today is no different from past decades ago, except for the speed of change that is occurring in this market. The… Read more

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