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Posts Categorized: Market Update

Arizona Economic Overview

General Real Estate, Market Update

Sandra Watson President and CEO, Arizona Commerce Authority   Arizona celebrated many accomplishments over the past year, and as we move into 2016 our state’s economic outlook is positive. During fiscal year 2015, the Arizona Commerce Authority (ACA) successfully closed 120 projects representing 18,314 projected jobs with average wages of approximately $51,809 and $1.51 billion in… Read more

Market Summary

Local, Market Update

Michael Orr AZ Journal Columnist Owner, Cromford® Report Director, W.P. Carey School of Business   Phoenix Metro After a strong six months from February 2015 through July 2015, the Greater Phoenix market has lost some momentum between August and November. It is tempting to write this off as seasonal, but it is a little more… Read more

A 2016 Update: Maricopa County Treasurer

Editoral, Market Update, Special Interest

Tricia Covert Editor, Arizona Journal of Real Estate & Business   A new year is here which means preparation for the annual tax lien auction scheduled for February 10, 2016 is underway. The auction expects an average of 1,200 people looking to invest in tax lien parcels as a result of delinquent payments from Arizona property… Read more

Is It Important to Understand Tax Liens?

Market Update, Special Interest

Barry Becker Tax Attorney   As we are all aware, virtually all property in the State of Arizona not owned by a government entity or charity is subject to a property tax. Interestingly, many people fail to pay their property taxes on a timely basis. When those taxes are not paid, the County sells the… Read more

Authenticity: The Hidden Brand Advantage

Market Update, Special Interest

Emily Soccorsy Founder/Brand Strategist, EmJoy, Inc.   In the 21st century, the single most important quality of every brand large and small is its authenticity. Why? The purpose of branding is to attract clients and partnerships who believe what you believe, and who understand that your brand is a monument to what you believe. You can… Read more

REITs and Wealth Building

General Real Estate, Market Update

Paul Ohanian Founder and CEO, Scottsdale Wealth Planning, Inc.   In previous issues of the Journal, I’ve discussed the basics of Real Estate Investment Trusts (“REITs”) and their role in providing asset diversification and lessening general stock market exposure in a portfolio. In this issue, I would like to explore REITs as a tool for… Read more

Solar Update

Market Update

Mark Holohan President, Arizona Solar Energy Association Solar Division Manager, Wilson Electric   Solar installed capacity continues to grow rapidly in the U.S. and Arizona as well. Despite the end of utility incentive programs for customer solar generation, activity continues due to lower system prices. This dramatic progress resulted from technology innovation, industry scaling, financing… Read more

Economic Update

Market Update, Special Interest

Sandra Watson President and CEO, Arizona Commerce Authority   Millions of people love Arizona and choose to live here. The Arizona Commerce Authority (ACA) wants to know why. To discover what is genuine, meaningful and different about Arizona, the ACA has launched a statewide branding and promotion project called Promote AZ under Governor Doug Ducey’s leadership…. Read more

Commercial Update: NAIOP

Commercial Corner, Market Update

Tom Johnston Senior Managing Director,Savills Studley 2015 NAIOP Chairman   The Arizona Chapter of NAIOP is the ninth largest business trade association in Arizona and one of the largest commercial real estate groups in the United States with a membership of more than 750. Our organization recently has made it a priority to reach beyond… Read more

Residential Update

Market Update

Elliott D. Pollack CEO, Elliott D. Pollack & Company   The recent strength in the new single-family home market has translated into more optimism on the part of the Blue Chip Consensus Panelists1. The panel now expects about 15,500 single-family units will be permitted in Greater Phoenix this year: that’s up from fewer than 11,000… Read more

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