Online Articles
Maintaining Your Value as a Real Estate Agent in the Digital Age
July 30, 2018
Jeff Sibbach Team Leader, Sibbach Team, RealtyOneGroup Real estate agents are under immense pressure today from outside forces. Unlike the industry most of us came up in, the important early buying period is largely out of our control: aggregators and iBuyers are influencing potential buyers well before we become involved. And because we’re not… Read more
Job and Income Growth Make for a Fired-Up First Half of 2018 Real Estate Market
July 30, 2018
Fletcher Wilcox V.P. Business Development & Real Estate Analyst, Grand Canyon Title Agency, Inc. We are halfway through 2018. Let’s review available economic information for 2018 and compare it to prior time periods. Arizona has made tremendous strides in job growth. The Arizona Office of Economic Opportunity has available job data for the first… Read more
Economic Forecast: Expectations High, but Less Long-Term Optimism
July 30, 2018
Liz Dominguez Associate Content Editor RISMedia, Inc., Real Estate Magazine The latest Urban Land Institute (ULI) Real Estate Economic Forecast predicts modest fluctuations across the board for 27 economic/real estate indicators. The three-year forecast is completed semi-annually, surveying more than 48 economists and analysts at 36 real estate organizations. A leading concern? Rising interest… Read more
Phoenix Metro Changing Demographics and Why You Should Care
July 30, 2018
Mark Stapp W.P. Carey School of Business, Arizona State University There is one simple statement about metro Phoenix that is indisputable: this is a growth market. The recession aside, although the area has been growing for decades since the 1900s, the substantial growth this market is known for began in the 1950s. Between 1950… Read more
The New Real Estate Landscape: Changes, Challenges, and Choices
July 30, 2018
Cindi Acker-Hein Creative Strategist, Ninety-Nine Hats With both home prices and demand increasing, the future looks bright for Arizona’s real estate agents. But this seller’s market is also taking place during a time of great upheaval in the industry and, indeed, the world. Considering the current climate of low inventory and high demand, many… Read more
August 2018 – Letter From the Publisher
July 30, 2018
Nate Hoelzen President, Arizona Journal of Real Estate & Business Dear Readers, This month, we reflect on the intrinsic value of change. For many, “change” is a word that brings feelings of anxiety or fear. These folks believe change will bring something negative to their lives, so they avoid it at all costs. But if… Read more
LAYING DOWN THE LAW – Who Gets the House? How the Courts Divide Real Property Between Co-Owners in Partition Actions
July 5, 2018
Christopher J. Charles, Esq. Bryan Eastin, Esq. Joint ownership of real estate provides many benefits, including increased buying opportunity, shared expenses, avoidance of probate, and shared risk/liability. Co-ownership also provides opportunities for disagreement. For example, co-owners might not agree on when to sell or how the proceeds should be apportioned. When an impasse like… Read more
Covenants and Conditions in Contracts
July 5, 2018
David Allen Partner, Jaburg|Wilk Attorneys at Law Both real estate professionals and laypersons oftentimes are confused by the differences between covenants and conditions. In its simplest terms, a “covenant” is an agreement to do or to not do something. Covenants are unconditional promises found in contracts, and the failure of a party who makes… Read more
Market Update: Comparison of a Mortgage Payment to a Rental Payment
July 5, 2018
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
A Blockchain Future? Cryptocurrencies Gaining Traction in Real Estate Industry
July 5, 2018
Liz Dominguez Associate Content Editor RISMedia, Inc., Real Estate Magazine Bitcoin started out as blockchain technology with an innovative ideology for a more secure monetary future, and it’s now taking hold in the real estate world. Bitcoin and other cryptocurrencies, although not yet mainstream, show promise in an industry that typically prioritizes buyers who… Read more