Online Articles
The Tiny Luxury – A 2016 HGTV/DIY Series
September 21, 2016
Jason Francis Co-Founder, Chief Operating Officer, Tiny Heirlooms Luxury has always been a coveted desire for most people. For years, it’s been about acquiring treasures, riches, massive estates and attaining a prestigious status defined by these “things.” The belief has been that this type of luxury provides freedom and happiness; for some it does. Yet,… Read more
A Conversation with Robert Joffe – A Top Luxury Home Agent
September 21, 2016
Tricia Covert Publisher, Arizona Journal of Real Estate & Business Throughout this Journal issue, our guest columnists offer their opinions and experiences about luxury: the definition, the demand and the trends. When it comes to luxury homes in Phoenix metro, Robert Joffe can definitely add to the conversation. His 16 plus years of experience in… Read more
Luxury Home Appraisals
September 21, 2016
Andrew Ament Certified Residential Appraiser, Censeo Valuation Consultants, LLC The Phoenix area has a diverse housing inventory in terms of size, design and quality of construction. The luxury home market, defined loosely as homes priced over $1 million, is also quite diverse. The market includes relatively small, high rise condominiums with expansive views to the… Read more
Market Summary
September 21, 2016
Michael Orr Journal Columnist Founder and Owner, Cromford® Report Just as predicted, August sales were strong thanks to its 23 working days and fully made amends for the shortfall in July, which only contained 20 working days. Until now, 2016 has been quite similar in market behavior to 2015 for the majority of the… Read more
IRC 170 Exchange: An Easy Luxury Home Exit Strategy
September 21, 2016
Brad Grannis Real Estate Asset Manager, ASU Foundation For A New American University Luxury listings often require a huge amount of patience (e.g., time on the market) and the fortitude to tackle deferred maintenance. For the right sellers (high-net worth individuals or family offices), there is a little-known IRS code that allows the seller to… Read more
The Impact of the Luxury Market
September 21, 2016
Steve Burch Senior Vice President, John Burns Real Estate Consulting With waterfall islands, floor to ceiling windows, walls of glass, retractable full wall sliding doors, gourmet outdoor/indoor kitchens, separate prep spaces and oversized dual laundry areas fit for royalty, the luxury housing market features the full range of innovation and style. Sure, it’s predictable as… Read more
Mediating Real Estate Disputes
September 21, 2016
Christopher J. Charles, Esq. Founder, Provident Law Most real estate transactions close escrow relatively smoothly and involve happy clients. But if you work in this industry long enough, sooner or later you will encounter a buyer/seller dispute. Common disputes include non-disclosure and misrepresentation claims regarding the property’s condition. Other common disputes include claims for… Read more
Words from Michael Collins, Mayor of Paradise Valley
September 21, 2016
Michael Collins Mayor of Paradise Valley It’s an exciting time in the Town of Paradise Valley. The Town is in an excellent financial position both short-term and long-term. We are making tremendous investments in public safety while providing exceptional and nationally-recognized capital improvement projects. We have strong leadership at both the council and staff… Read more
Commercial: The Real Value of “Class A” Space
September 21, 2016
Paul Andrews Senior Vice President, Cresa Phoenix There is a sea-change that has been slowly evolving in Phoenix metro and the U.S. with respect to the “Class A” office workspace culture. Class A is typically viewed as a higher-end, more expensive space — luxury in the commercial world. Some may argue that Class A space… Read more
Top 10 Considerations When Selling a Divorcing Couple’s Home
September 21, 2016
Laurence B. Hirsch Partner, Jaburg & Wilk In many divorces, the largest marital asset is the family home. Frequently, the parties agree to sell their residence. However, the sale of a community property asset, in the midst of an acrimonious divorce proceeding, can be challenging for agents and brokers. To help facilitate the transaction —… Read more