Online Articles
Financing Real Estate During a Pandemic
July 1, 2020
Michael Bennett CEO/Owner, B.E. Lending For the majority of those obtaining real estate financing during the current COVID-19 pandemic, the result has likely either been quite positive, utterly negative, or both. Regardless, not many can say our new lending environment is status quo any longer. Ever since the pandemic largely began disrupting financial markets… Read more
Market Update: Residential Sales and Listings Likely Bottomed in April and May Both Numbers Should Be Up
July 1, 2020
Fletcher Wilcox V.P. Business Development & Real Estate Analyst, Grand Canyon Title Agency The focus of this article is to discuss the sale, inventory, estimated months of supply, median list price and median purchase price of single-family resales in Maricopa County or Greater Phoenix. The reason for focusing on this category is that data… Read more
Greater Phoenix Outlook
July 1, 2020
Connor Sabanosh Silverleaf Realty 2019 Residential Real Estate Rookie of the Year The world of real estate has seen some massive changes in the way business has been conducted since the beginning of the year. Although the COVID-19 pandemic has certainly slowed things down, we haven’t seen a complete stop like many would have… Read more
Sailing in Fog without Radar
July 1, 2020
Mark Stapp Fred E. Taylor Professor of Real Estate, W.P. Carey School of Business | ASU “Perfection of means and confusion of ends seem to characterize our age” – Albert Einstein Two thundering shocks to our society. First a global pandemic then bubbling social unrest that boils over. The topic of this issue is:… Read more
July 2020 – Letter From the School VP
July 1, 2020
Greg Muir Executive Vice President, Arizona Journal of Real Estate & Business Dear Friends, I’d like to take a moment to wish all of our readers a happy 4th of July! While this holiday is typically marked with fireworks, fun, and grilling out, remember that Independence Day is an opportunity to be thankful. Let’s all… Read more
Why Fanatics Make Great Realtors
July 1, 2020
Eden Sunshine Vice President, Realty Executives Great business owners, real estate agents and brokers all understand that they need to differentiate themselves and their businesses if they want to stand out among the crowd. Nobody has ever said, “I want my business to be ordinary; just like everyone else’s.” We want our businesses to… Read more
Four Challenges, Four Solutions
June 1, 2020
Shane Tschida Real Estate Intelligent Marketing (REIM) Ivan Elosegui Real Estate Intelligent Marketing (REIM) If you’re active in the property management and leasing field, it’s likely you’ve noticed what we’re calling a “pause” in the market. Even if you’re new to the industry, it shouldn’t come as a shock that real estate in general… Read more
LAYING DOWN THE LAW – PROCURING CAUSE AND THE LISTING AGREEMENT’S BROKER PROTECTION CLAUSE
June 1, 2020
Christopher J. Charles Attorney, Provident Law Real estate brokers work hard to earn their commissions. And they use specialized training and experience to secure the right buyer for the seller’s unique property. As a result, brokers deserve to be justly compensated for the value they bring to each transaction. Most commonly, brokers negotiate with… Read more
Property Management Perspective
June 1, 2020
Ed Drummond Founder, Capstone Realty Professionals Leading into 2020 we had exceptionally high hopes for our property management business. As I write this, we have just entered our second month collecting rents after COVID made its debut on the Arizona economy. It seems our previous way of running our property management business in the… Read more
Market Update: Some Positive Arizona Numbers Going Into the Coronavirus Storm April Sales, Listings, Purchase Price, Estimated Months of Supply
June 1, 2020
Fletcher Wilcox V.P. Business Development & Real Estate Analyst, Grand Canyon Title Agency Arizona finished 2019 with some of the best economic and population numbers among all 50 states. GDP for Arizona in 2019 was 3.1% higher than 2018 and was the seventh-highest percentage increase among all states. The personal income of Arizonians in… Read more