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Posts Categorized: Commercial Real Estate

Short-Terms Rentals and the Effects on Value

Appraisal, Commercial Real Estate

Beth Sigg Northwest Real Estate Services   It’s all the rage – hopping on a website like Airbnb or VRBO, and staying in a home, apartment, or condo owned by an individual or an investment group. Users of these services are discovering the convenience of renting an entire home for the same price as a… Read more

Market Update: Rents and Sale Prices Continue Upward Trajectory July Results for Sales and Listings

Commercial Real Estate, Market Update

Fletcher Wilcox V.P. Business Development & Real Estate Analyst, Grand Canyon Title Agency   July Results  For the fourth consecutive month, year-over-year sales of previously owned single-family homes in Maricopa County were higher. Sales in July 2019 were 464 or eight percent higher than July 2018. New listings of previously owned single-family homes in July… Read more

Commercial Development: Appraisers as Advisors

Appraisal, Commercial Real Estate

Beth Sigg Northwest Real Estate Services   Usually, a commercial appraisal assignment is ordered by a lender after the proposed project has been designed, possibly platted, with needed zoning changes. In other words, these requests tend to be “after the fact” for a specific project that has already been planned for months or years. What… Read more

Market Update: Arizona Scores Big on 1st Q Personal Income Maricopa County gained 250,000 jobs Two Arizona Cities Number One Mortgage Rates Continue Downward

Commercial Real Estate, Market Update

Fletcher Wilcox V.P. Business Development & Real Estate Analyst, Grand Canyon Title Agency   First-quarter personal income starts out with a boom for Arizona According to a report from the U.S. Bureau of Economic Analysis national first-quarter state personal income increased at a 3.4 percent annual rate over the fourth quarter of 2018. See chart… Read more

Buying, Selling and Holding Apartments at the Top of the Market

Commercial Real Estate

Terry Kass Associate Broker, REIM   The Phoenix metro area has experienced ten consecutive years of overall positively trending metrics including property appreciation, increasing rents and record sales driven by growth in population, corporate investment, and employment. The big question in front of us now is how long will this positive momentum last? Some economists… Read more

Technology and the Future of Commercial Real Estate

Commercial Real Estate

Kris Lindahl Founder & Owner, Kris Lindahl Real Estate   Commercial real estate has changed dramatically over the years, and modern technology has become an essential tool for successful real estate professionals. From marketing to internal communication, it seems the applications of technology are only limited by one’s drive and imagination. Professionals need to know… Read more

August 2019 – Letter From the School Director

Commercial Real Estate, Publisher's Letter

Greg Muir Interim School Director, Arizona Journal of Real Estate & Business    Dear friends,   I hope you all have enjoyed summer and the fun vacations and activities that tend to come with this season. Whether you stayed close to home or found a new vacation spot, I trust you got the rest and… Read more

Is Commercial Real Estate Right for You?

Commercial Real Estate

Eden Sunshine Vice President, Realty Executives   Anybody that has familiarity with both residential and commercial real estate would say that the differences between the two are greater than the similarities. Other than the fact that both disciplines are ultimately about bringing buyers and sellers or lessors and leasees together, many aspects are wildly different…. Read more

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