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School News

Bill Gray Arizona Department of Real Estate, Advisory Board Member Educator, Arizona School of Real Estate & Business   As I reflect on my time spent in the Arizona real estate industry, I have found that it has been rewarding. From evolving the Arizona School of Real Estate & Business (ASREB) in the late 1970s to the… Read more

A Message from Commissioner Judy Lowe

Judy Lowe Commissioner, Arizona Department of Real Estate (ADRE)   Homeowner Association Dispute Process Now With Arizona Department of Real Estate The 2011 Arizona Legislature passed legislation providing Arizona homeowners a venue for resolving disputes with Condominium Homeowners Associations and Planned Community Associations, referred to and known as HOAs. These administrative procedures provide an alternative… Read more

Words from Jim Lane Mayor of Scottsdale

Jim Lane Mayor of Scottsdale   Scottsdale has earned a reputation in the Valley as a place where people want to live. Nationally and internationally the City has earned a reputation as a place people want to visit. Increasingly, Scottsdale is also known as a place people want to bring their businesses. I am so… Read more

The Health of the Housing Market A National Comparison

Lawrence Yun Chief Economist and Senior Vice President of Research National Association of REALTORS®   The housing market has been making steady, modest gains in 2016 from a national perspective. Home prices are broadly rising, thereby helping homeowners accumulate equity. It’s hard to believe that housing equity has essentially doubled from the gloomy years of 2010… Read more

Dragnet Clauses and Priority

David L. Allen Partner, Jaburg & Wilk   A “Dragnet Clause” in a Deed of Trust is a provision that states that the Deed of Trust secures any and all future debt owed by the borrower to the lender, in addition to whatever debt the Deed of Trust originally secured. The use of the terminology “dragnet”… Read more

What Really Matters?

P.R. ‘Randy’ Cooney President, Success Institute Educator, Arizona School of Real Estate & Business     Given the tragic loss of multiple lives in recent months, America again finds itself asking; “Who and What MATTERS? What MATTERS within America, is that we work together in mutual respect and care for one another in a manner… Read more

Flipping Homes: Facelift to Teardown

Isaac Kahn Co-Founder, Palmyra Development Co.   Any experienced fix and flip investor will agree that selecting the proper criteria for the flips you’re looking to perform is a crucial first step. The three most important components in forming your criteria should be location, price range and the amount of work needed in order to properly… Read more

Fix & Flip for the Real Estate Professional

Alan Langston Executive Director, Arizona Real Estate Investors Association     Nobody knows an exact count, but there is a rather large number of Realtors® who also invest in real estate. If you aren’t one of them, this is the perfect month to explore the possibilities. Also, if a Realtor® represents investors or plan to in… Read more

Market Summary

Michael Orr Journal Columnist Founder and Owner, Cromford® Report   The market conditions in early June remain similar to April and May, with different price ranges in dramatically different situations. Sales volume is strong, well above 2015, but supply is the main factor that determines how the various market sectors are doing. Overall supply has… Read more

City Improvement Programs

Tricia Covert Publisher, Arizona Journal of Real Estate & Business   The status of the home market continues to be at the forefront of conversations for people both inside and outside of the real estate industry. With rising home prices, increased sales and even fix-n-flip transactions, various City Councils are also taking part in the conversation… Read more

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