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U.S. New Home Sales Reach Highest Level in Seven Years

Sales of newly built single-family homes increased 7.8% in February to annual rate of 539,000 By: JEFFREY SPARSHOTT and KRIS HUDSON   WASHINGTON—New-home sales rose to the highest level in seven years in February, a sign of strong demand that could help boost the broader U.S. housing market. Sales of newly built single-family homes increased 7.8%… Read more

Arizona Passes Law Eliminating Appraisal Board

Arizona Gov. Doug Ducey on March 12 signed into law SB 1480, legislation that eliminates the Arizona Board of Appraisal effective July 1. The ABOA’s administrative functions will be reassigned to the Department of Financial Institutions. This provision was included in the state’s FY 2016 budget that passed the legislature March 7. Arizona will join… Read more

‘Domino Effect’ to Set Off 2015 Housing Wave

Home prices between the top and bottom segments of the housing market are rising, which could unleash a “domino effect” that builds first-time and move-up buyer momentum this year, notes a new real estate report by Clear Capital. But the build up in traditional home buyers is coming at the cost of declines in the… Read more

Housing Starts Reach Six-Year Highs

Industry News

Housing starts for single-family homes surged to the highest level in more than six-and-a-half years, a promising sign at the end of 2014, the Commerce Department reported Wednesday. Measuring Sentiment:Homebuilders Remain Cautiously Confident “The last piece of the economic puzzle is starting to come together now as housing construction is coming back. The housing market… Read more

Phoenix named hot housing market to watch in 2015

Industry News

Metro Phoenix is one of the U.S.’s “10 hottest housing markets to watch in 2015,” according to a new Realtor.com report. The real estate website’s chief economist, Jonathan Smoke, said Phoenix’s potential for income growth and new-home construction landed it on the list. “Phoenix consistently hammers home market growth through new construction. The sprawling desert… Read more

FAA clears first real estate agent to use drone for property shoots

Industry News

Realtor must have private pilot certificate and observer for each flight The Federal Aviation Administration has authorized a real estate agent to capture photography of listings with a drone for the first time, offering a glimmer of hope to those seeking to use drones to market properties without facing potential penalties from the regulatory agency. The exemption… Read more

Forget stocks, this year’s hottest trade has been…. real estate

National

It’s been blowing away stocks so far this year as interest rates dropped. Does that mean now is the time to put your money in… real estate? Specifically, real estate investment trust (REITs). The benchmark MSCI REIT index is down 3 percent in the past week as bonds have sold off. But, the index is… Read more

Arizona School of Real Estate & Business Offers New Seminar “50 Ways to Lose a Listing – as in SOLD”

Press Releases

The inventory of homes for sale in Phoenix is up over a 100% over last year, which is causing agents to seek new and creative ways to bring buyers into their listings. In response to the current need to attract more buyers, the Arizona School of Real Estate & Business is offering for the seminar… Read more

Arizona School of Real Estate & Business Offers ‘Seminar Series’ at Both Scottsdale & Gilbert Campuses

Press Releases

The Arizona School of Real Estate & Business (ASREB) Seminar Series extended its reach to two campus locations, Scottsdale and Gilbert. The Seminar Series has been offered exclusively in the valley at the Scottsdale campus for decades by ASREB. It’s a way for the public to learn more about specific topics of interest, allows Arizona… Read more

The 10 Best Cities to Raise Children

Industry News

What made us happy as children? Well depending on who you are it could be a vast number of things; simply reading our favorite book, playing a sport with our friends, watching Hey Arnold!, or even playing catch with your Dad. There are many things about the city in which we grew up that played… Read more

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