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Online Articles

PROFITS FOR FIX-N-FLIPS

Special Interest

NATE MATHERSON CEO & Founder, LendEdu   Have you ever looked at a property and thought with a little bit of elbow grease and some easy repairs, the place could sell for a lot more? If you have, you might have considered house flipping. There’s a whole slate of TV shows devoted to the subject… Read more

Economic Update

Special Interest

CHRIS CAMACHO CEO & President, Greater Phoenix Economic Council (GPEC)   The Greater Phoenix Economic Council (GPEC) formed nearly 30 years ago. Since that time it has been working on behalf of the cities and towns in Greater Phoenix, Maricopa County and more than 160 private sector investors to lead the expansion as well as… Read more

MORTGAGE INDUSTRY UPDATE

Market Update

JOEL KAN Economist, Mortgage Bankers Association   The Mortgage Bankers Association projects that 2018 will bring $1.2 trillion in purchase mortgage originations – a 7.3 percent increase from 2017. The biggest reason for the increase is the continuous  improvement of the economy. We forecast that monthly job growth will average 125,000 per month in 2018… Read more

Arizona State Land

LISA A. ATKINS Commissioner, Arizona State Land Department   In 1910, the U.S. Congress passed the Arizona Enabling Act authorizing the Arizona Territory to prepare for statehood. Included in the 1910 Enabling Act were designated lands granted in Trust to the Territory of Arizona to assist with a base to support our common schools (K-12… Read more

Land Market Update

Market Update

GREG VOGEL CEO, Arizona Land Advisors The land market in our region has experienced several super cycles. The boom of 1985-1987 ended horrifically with the S&L crisis AKA RTC days. It took until 1995 to begin a new phase that lifted our land economy steadily until the grand finale of 2004 -2006 and it all… Read more

A Message From Commissioner Judy Lowe

Commissioner Judy Lowe Arizona Department of Real Estate   Governor Doug Ducey has set forward a path for Arizona state agencies to develop and succeed in a culture of continual improvement through adoption of the Arizona Management System (AMS). The Arizona Department of Real Estate is focusing on process improvement, enhancing services through technology and… Read more

Publisher’s Letter: November Issue

Tricia Covert Publisher, Arizona Journal of Real Estate & Business Welcome to the planning season. Many of us are now in the process of reviewing the past year to set our business strategy for the new year ahead. There is no doubt that our city’s theme for 2017 has been growth: jobs, population and homes…. Read more

2018 National & Local Home Market

Nadia Evangelou Research Economist, NATIONAL ASSOCIATION OF REALTORS® While we are inching closer to the end of the year, it is time we take a moment to conduct a housing market recap and forecast for 2018. Closing activity for existing home sales at the national level has been choppy, but so far generally higher than… Read more

Projections for the Single-Family Homes Market

Fletcher Wilcox Founder, The Wilcox Report Previously-owned single-family homes comprise the majority of residential sales — approximately 80 percent of all residential real estate sales in the Arizona Regional Multiple Listings Services, Inc. (ARMLS). On an annual basis, the volume of previously-owned single-family homes are three to four times greater than new single-family home sales…. Read more

The Use of ‘Options’ in Commercial Leases

David Allen Partner, Jaburg & Wilk There are many reasons why a Landlord and Tenant may choose to include an “option” in a commercial lease. The most common type of option is one that gives the Tenant the right to extend the lease term, usually for additional — sometimes two or more — terms of… Read more

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