Nate Hoelzen President, Arizona Journal of Real Estate & Business Dear Readers, On behalf of everyone at Arizona School of Real Estate & Business, season’s greetings to you and your loved ones! It’s hard to believe 2018 is nearly over. I hope it has been a prosperous year for all of you. As the year… Read more
Christopher J. Charles, Esq. Bryan Eastin, Esq. Justice Oliver Wendell Holmes, Jr. once asked: “What is the justification for depriving a man of his rights, a pure evil as far as it goes, in consequence of the lapse of time?”¹ There are several reasons to consider when answering this age-old question. First, our laws… Read more
Fletcher Wilcox Grand Canyon Title Agency Mortgage Rates in Perspective Since 1971 Freddie Mac has tracked the thirty-year fixed mortgage rate. Chart One shows a partial history of their tracking. The year with the highest annual average thirty-year fixed mortgage rate was in 1981 when it was 16.63 percent. In 1990 it was 10.13… Read more
Sarah Kirsch Richardson Tru Realty If you all haven’t subscribed to Elliot Pollack’s Monday Morning Quarterback, then stop reading this right now and subscribe. If anyone has the crystal ball on the Arizona economy, it’s Elliot. Listening to him speak is always a treat if you can get a ticket for the room. In… Read more
Joe Callaway Asset Preservation, Inc. It is common for many Arizona real estate investors to make repairs, updates, and improvements to enhance a relinquished property in preparation for listing with a real estate agent or broker. A commonly asked question by investors in Arizona is, “Can I be reimbursed from the 1031 exchange for… Read more
Britt Scearce Emery Federal Credit Union Purchasing a home can be a tedious, complicated process for home buyers. Not to mention, it’s a pretty big deal! Amidst the life-changing decisions, having support from trustworthy professionals (cough, cough: a quality mortgage loan officer and real estate agent team) will help to make the process as… Read more
Paul Ohanian Scottsdale Wealth Planning In the course of my business working with high-net-worth families, I have been exploring solutions for clients who are planning to sell their commercial or investment real estate property, often in preparation for retirement, including 1031 exchanges and DST 1031 exchanges. Real estate professionals may already be familiar with… Read more
Beth Sigg Northwest Real Estate Services If you are a real estate agent, understanding the basics and nuances of appraisals will help you close more transactions with very few “blips” along the way. And if you’re a consumer who owns real estate, you may encounter the appraisal process as a part of obtaining a… Read more
Phil Sexton Sibbach Team – Realty ONE Group The Greater Phoenix real estate market has seen many changes in the last 7 years. Prices have gone up year-over-year. Sales volume has also improved year-over-year. The Sibbach team’s production has increased every year since 2011. But there is still a bit of caution in our… Read more
Nate Hoelzen President, Arizona Journal of Real Estate & Business Dear Readers, As you look ahead to plan for 2019, it’s important to take a step back and learn from what the Arizona real estate market experienced in 2018. Throughout the past year, you’ve seen home prices steadily increasing, mortgage rates rising, and single-family homes… Read more