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The Sky Is the Limit for Phoenix Metro Housing

Market Update

Greg Burger President, RL Brown Housing Reports   To give you a clear perspective for the future of new homes in Phoenix Metro, it’s important to understand where we have come from in the recent past. First, let’s examine total Phoenix Metro home sales, which is the combination of new home closings and resale closing activity…. Read more

Land Market 2016 Mid-Year Update

Market Update

Greg Vogel CEO, Land Advisors Organization   While the economy is growing stronger the need for land is rising. The Phoenix metro volume of overall land transactions has improved significantly from this time last year. This increase is being heavily influenced by the homebuilders and their rapidly declining lot and land inventory in the face of… Read more

Whose Business Is It Anyway? Considerations for Dividing Assets In A Divorce

Laying Down the Law

Christopher J. Charles, Esq. Provident Law Special Guest Writer David W. Ronald, Esq.   Sadly, according to recent statistics, roughly half of marriages end in divorce. When “irreconcilable differences” occur, one of many important considerations is how to equitably divide marital assets. Arizona is a community property state. Absent other contracts or agreements, when a… Read more

People, Planet and Profit: LEED Certification in Arizona

Industry News

Mary Wolf-Francis Chair, Market Leadership Advisory Committee U.S. Green Building Council Arizona Community Outreach Liaison for DIRTT Environmental Solutions   A symbol of excellence in green buildings, LEED or Leadership in Energy and Environmental Design, developed by the U.S. Green Building Council (USGBC), provides building owners and operators with a framework for identifying and implementing… Read more

A New School Year Brings an Opportunity for High Schoolers

School News, Special Interest

Tricia Covert Publisher Arizona Journal of Real Estate & Business   August marks the start of a new school year for many Arizona school districts. Parents, children and young adults are preparing for resumed schedules after summer vacations while checking off supply lists. A new school year means new opportunities for further knowledge and growth…. Read more

A New Chapter of Education

Industry News, School News

Bill Gray Arizona Department of Real Estate, Advisory Board Member Educator, Arizona School of Real Estate & Business   As I reflect on my time spent in the Arizona real estate industry, I have found that it has been rewarding. From evolving the Arizona School of Real Estate & Business (ASREB) in the late 1970s to the… Read more

A Message from Commissioner Judy Lowe

Industry News, Market Update

Judy Lowe Commissioner, Arizona Department of Real Estate (ADRE)   Homeowner Association Dispute Process Now With Arizona Department of Real Estate The 2011 Arizona Legislature passed legislation providing Arizona homeowners a venue for resolving disputes with Condominium Homeowners Associations and Planned Community Associations, referred to and known as HOAs. These administrative procedures provide an alternative… Read more

Words from Jim Lane Mayor of Scottsdale

Local, Market Update

Jim Lane Mayor of Scottsdale   Scottsdale has earned a reputation in the Valley as a place where people want to live. Nationally and internationally the City has earned a reputation as a place people want to visit. Increasingly, Scottsdale is also known as a place people want to bring their businesses. I am so… Read more

The Health of the Housing Market A National Comparison

Industry News, National

Lawrence Yun Chief Economist and Senior Vice President of Research National Association of REALTORS®   The housing market has been making steady, modest gains in 2016 from a national perspective. Home prices are broadly rising, thereby helping homeowners accumulate equity. It’s hard to believe that housing equity has essentially doubled from the gloomy years of 2010… Read more

Dragnet Clauses and Priority

Law Briefs

David L. Allen Partner, Jaburg & Wilk   A “Dragnet Clause” in a Deed of Trust is a provision that states that the Deed of Trust secures any and all future debt owed by the borrower to the lender, in addition to whatever debt the Deed of Trust originally secured. The use of the terminology “dragnet”… Read more

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