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Posts Categorized: Industry News

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

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

Investing In Opportunity Act (IIOA)

General Real Estate, Industry News

Chis Camacho CEO, Greater Phoenix Economic Council   What does it mean to invest in Arizona? As the region’s leading economic development organization, the Greater Phoenix Economic Council works to attract businesses to the Greater Phoenix region to add high quality jobs and create economic opportunity. We work with businesses from around the country –… Read more

Words from Jerry P. Weiers, Mayor of Glendale

General Real Estate, Industry News, Market Update

Mayor of Glendale Jerry Weiers   THE DAWN FOR GLENDALE This is a great time for the City of Glendale. I’m proud to report on a number of exciting projects that will enhance our residents’ quality of life even more than today and reaffirm Glendale’s position as the leading economic engine for the West Valley…. Read more

Phoenix Metro Apartments: An Investment and Development Viewpoint

Industry News, Market Update

  Joseph Meyer President & CEO, Meyer Development & Construction Services, Ltd.   Drive around town and you can’t seemingly go more than a mile without encountering another newly completed apartment project – or one that’s under construction. At least that’s the case in the East Valley where distinct pockets of swank new apartments are fetching… Read more

Multifamily: Responding to Demand

Industry News, Market Update, Property Management

John Kobierowski Senior Managing Partner, ABI Multifamily   Thomas M. Brophy Director of Research, ABI Multifamily     As of the end of 2015, the Phoenix metro multifamily market surpassed $3.8 billion in total sales volume. This is up 34 percent Y-O-Y and almost 265 percent from 2010 sales volume reaching a total of just over $1… Read more

Mortgage Bankers Association Arizona Update

Industry News, Market Update

Joel Kan Associate Vice President, Industry Surveys and Forecasting Mortgage Bankers Association   In the Mortgage Bankers Association (MBA) most recent Mortgage Finance Forecast, revisions to national mortgage origination estimates for 2015 through 2018 were made. The 2015 originations total was revised from $1.49 trillion to $1.63 trillion including upward revisions of purchase originations for… Read more

A Conversation With Commissioner Lowe

Editoral, Industry News

Tricia Covert Arizona Journal of Real Estate & Business   It’s undeniable that the real estate industry is always in a state of change. An organization familiar with the change is the Arizona Department of Real Estate. As the first quarter of 2016 comes to an end, I asked Commissioner Judy Lowe if she could… Read more

The Courage To Thrive

Industry News, Market Update

Rick Murray CEO, Arizona Small Business Association   Once a frontier state, specific to mining and agriculture, Arizona has since thrived over the decades. Arizona is now home to over 400,000 registered small businesses in industries such as technology, medicine, finance, and real estate. With Phoenix ranked as 14th in start-up companies1 we are seeing more… Read more

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