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Posts Categorized: Industry News

The Insider’s Scoop On the New AAR Purchase Contract

General Real Estate, Industry News

P.R. ‘Randy’ Cooney President, The Success Institute Publisher, Arizona Journal of Real Estate & Business   Those who have been in real estate in Arizona for many years may recall a residential purchase contract that was one page. It included the property address, names of buyers/sellers, price, earnest money, down payment, loan amount and a… Read more

A Conversation with Charles “Hos” Hoskins Former Maricopa County Treasurer

Industry News, Publisher's Letter

Tricia Covert Publisher, Arizona Journal of Real Estate & Business   Over the past couple of years, I’ve had the pleasure to work with the former Maricopa County Treasurer, “Hos” Hoskins, to outline annual tax lien auction information for our readers. As of January 1, 2017, Hos begins his retirement journey and Deputy Treasurer, Royce… Read more

Today’s Business Focus: Education and Communication

Industry News

Tina Lapp President, Hondros College of Business 2016-2017 President, Real Estate Educators Association (REEA)   Real estate has always been a dynamic, ever-changing industry essentially due to the primary drivers that navigate its direction: U.S. and state-level economics combined with the trends of population groups. Over the past two decades, the speed of change in… Read more

The 2017 Direction of Design

Industry News, Special Interest

Ben Meyer Director, Commercial Architecture and Design 3rd story   With the election of a new U.S. president and the UK set to leave the European Union, 2017 looks to be a year of change laced with a degree of uncertainty on how these historic political events will affect the real estate industry. I arrived… Read more

Construction Industry Update

Industry News

Jeff Fleetham Director, Registrar of Contractors   In the state of Arizona, real estate agents are licensed to better protect the public; the same holds true for contractors. An individual working unlicensed as a real estate agent negatively impacts the livelihood of licensed agents, posing untold financial and safety risks for the public. Similarly, construction… Read more

Words from Jenn Daniels, Mayor of Gilbert

Industry News, Local

Jenn Daniels Gilbert Mayor   Did you know in 2016, Gilbert was named the “Top Boom Town in America” by realtor.com? Gilbert is shedding the image of a bedroom community and is becoming a vibrant, attractive destination in the East Valley for residents, visitors and businesses as well. Currently, the vacancy rate for Gilbert’s 26.6… Read more

Eliminate or Reduce Arizona and IRS taxes

Industry News

Lin Leclair, EA President, National Association of Tax Professionals, Arizona Chapter   Two new tax laws signed into legislation in 2016 by Arizona Governor Doug Ducey increased and expanded Arizona’s “dollar for dollar” tax credits. This allows many Arizona residents to significantly reduce or even eliminate the normal income taxes that they would pay to… Read more

Real Estate CrowdFunding

Industry News, Market Update

Nav Athwal Founder and CEO, RealtyShares   Since the passage of the 2012 JOBS Act, real estate crowdfunding has become one of the fastest-growing segments of the crowdfunding industry. According to research from the University of Cambridge Judge Business School, U.S. investors used crowdfunding platforms to invest $484 million into real estate deals in 2015… Read more

Market Summary

Industry News, Market Update

Michael Orr Journal Columnist Founder and Owner, Cromford® Report     Each month in 2017, I will be creating a chart to illustrate how the Greater Phoenix housing market is changing. At the end of each quarter, I will then provide a written market summary of that quarter and how it compared to twelve months… Read more

Mortgage Industry Update

Industry News, Lending

Joel Kan Mortgage Bankers Association, Economist   The Mortgage Bankers Association projects that home purchase originations will increase further in 2017, building on an estimated 10 percent increase in 2016. Strong household formation coupled with further job growth, rising wages, and continuing home price appreciation will drive strong growth in purchase originations in the coming… Read more

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