Fletcher Wilcox V.P. Business Development & Real Estate Analyst, Grand Canyon Title Agency, Inc.   The June median purchase price for a previously owned single-family home in Maricopa County matched May’s record-high median purchase price of $295,000. The previous record for median purchase price was set in June of 2006 at $287,500. The chart below… Read more

Fletcher Wilcox V.P. Business Development & Real Estate Analyst, Grand Canyon Title Agency, Inc.   HOW BIG IS THE SINGLE-FAMILY HOME MARKET IN MARICOPA COUNTY? There are 1,043,000 single-family properties in Maricopa County. Single-family properties are by far the most popular residential product to own. Over 80 percent of sales this year on the Arizona… Read more

Fletcher Wilcox V.P. Business Development & Real Estate Analyst, Grand Canyon Title Agency, Inc.     2018 Dollar Sales Volume Hits All-Time High for a First Quarter Strong demand to own a home in the first quarter of 2018 led to the highest dollar sales volume ever for a first quarter. The previous first quarter… Read more

Sandra Watson CEO – Arizona Commerce Authority   As I write this, a fifth-generation wireless network, known as 5G, is making its worldwide debut at the Winter Olympics in South Korea. By 2020, an estimated 50 billion Internet of Things (IOT) devices will be globally connected. And the ability to sequence a person’s genome for… Read more

Mark Murphy Licensing Manager – Arizona Department of Financial Institutions (AZDFI)   Debra Rudd Appraisal Regulatory Specialist – Arizona Department of Financial Institutions (AZDFI)   Over the past few years, there has been a lot of discussion about an impending shortage of real property appraisers due to the increasing age of the professionals who are… Read more