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Posts Categorized: Industry News

Destination Marketing Drives Arizona’s Economy

Industry News, Market Update, Special Interest

Debbie Johnson Director, Arizona Office of Tourism   The results speak for themselves: marketing Arizona as a vibrant travel and tourism destination drives our state’s economy. It’s the only industry producing revenue in all 15 counties of our state. In 2014, Arizona’s travel and tourism industry generated $20.9 billion in direct visitor spending. The majority of… Read more

Words from Mark Brnovich Arizona Attorney General

Industry News, Local, Special Interest

Mark Brnovich Arizona Attorney General   As Arizona’s Attorney General, I’m committed to fighting against discrimination, but I also recognize the importance of protecting our real estate community from frivolous lawsuits and unmerited claims. Education is the key to protecting yourself from a housing bias lawsuit. Within my office, the Civil Rights Division enforces civil… Read more

Market Outlook

Industry News, Market Update

Michael Orr Arizona Journal Columnist Owner, Cromford Report Director, W.P. Carey School of Business   In 2015 the Greater Phoenix housing market gained strength from February through July with tight supply below $250,000 and healthy demand for the mid ranges between $250,000 and $500,000. The high end luxury market also had an excellent first half,… Read more

A Fresh Start

Editoral, Industry News

Tricia Covert Editor, Arizona Journal of Real Estate & Business   A new year is a time where many people vow to make changes or accomplish things they’ve been aspiring to achieve or never done before – resolutions are made and goals are set. This year, some surveys have shown that there has been a… Read more

Filing Your 2015 Tax Return

Industry News, Local

Brad Huss Certified Financial Planner, Brad Huss & Associates   It’s hard to believe another year has come and gone – with a new year comes the task of filing your 2015 federal and Arizona tax returns. While 2015 is behind us, you can still take steps to lower your tax liability. TAX EXTENDERS Just as… Read more

HOLD: A Real Estate Proven Strategy

General Real Estate, Industry News

Steve Chader Author of a #1 National Best Seller HOLD   As President Franklin Roosevelt once declared: “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” With an emphasis… Read more

Rafterhouse: An Arcadia-Based HGTV Pilot and More

Editoral, Industry News

Tricia Covert Editor, Arizona Journal of Real Estate & Business   The Phoenix metropolitan area has become quite an attraction for reality home shows over the past few years. In 2012 to 2013, the Discovery Channel aired Property Wars, giving America a peak into the competitive process of Arizona trustee sales and the after effect… Read more

REITS and Rising Interest Rates

Industry News, Local, Market Update

Paul Ohanian Founder & CEO, Scottsdale Wealth Planning, Inc.   As a seasoned investment professional, I have often looked to real estate to provide asset diversification, lessen general stock market exposure and, where appropriate, generate income in a portfolio. In a past Journal issue, I discussed the characteristics of Real Estate Investment Trusts or “REITs,”… Read more

Property Tax Increases for Arizona Homeowners

Industry News, Local, Market Update

Charles “Hos” Hoskins Maricopa County Treasurer   In 2012, voters passed Proposition 117 hoping to see a property tax reduction; however, it probably won’t work out that way for most homeowners. Before I tell you why, let me cover some of the characteristics of the Arizona property tax system. Properties are classified by use with… Read more

State Universities: Developments

Editoral, Industry News

Written by: Tricia Covert Editor, Arizona Journal of Real Estate & Business   Whether you’re a Wildcat, a Sun Devil or support another college, there is no doubt that the development projects happening at our two major state universities are exciting for all of us. Both Arizona State University and the University of Arizona are… Read more

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