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Posts Categorized: Market Update

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

Market Update

Market Update

Bill Gray Educator, Arizona School of Real Estate & Business   At the present time, the Phoenix Metro area is the eighth most affordable housing market in the United States. First time buyers are now entering the housing market to take advantage of today’s prices. As of mid October, a median price home in the… Read more

Mortgage Update

Market Update

Mike Fratantoni Chief Economist, Mortgage Bankers Association   The national economy is growing, and the job market continues to improve, but slower growth abroad and tighter financial conditions convinced Fed policymakers to wait at least one more meeting to increase rates. We expect GDP growth to continue at a similar pace in the second half… Read more

The New Urban Luxury Home

Market Update, Special Interest

Keith Miskin Founder, Cambridge Properties   It’s no secret the market is back in the Valley. When you look around there is construction in the works – everywhere. For the first time in years, tower cranes are in place to build some of the most luxurious, unique and not to mention tall residential buildings this… Read more

International Luxury Home Buyers

Market Update, Special Interest

Sandra L. Wilken Designated Broker, Engel & Volkers Scottsdale   There is not a simple answer to the question of how different the home buying process is when dealing with International Buyers. Generally, the basic foundation of how to handle a home buyer is the same: it is critical to understand their overall needs, define… Read more

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