Category Archives: Real Estate

Luxury Home Sales Soar – Tax Policy Stimulates Market?

Tax policy can have big effects. Like the recent stimulation of the national luxury home market by sellers looking to reduce their liability before the ‘fiscal cliff’ arrived. According to this article in CNN Money,  “Sales of luxury homes spiked in … Continue reading

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Arizona Commerce Authority – Arizona’s Resource for New Business

The Arizona Commerce Authority (ACA) is a unique group committed improving Arizona for business and quality jobs. I recent met their VP of Northern California Business Attraction, Christian Lorentzen. During our meeting I was impressed by the variety of business attraction … Continue reading

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Open up the champagne bottle!

Here’s a market update from Toma Partners CEO Mihai Toma: Open up the champagne bottle!  OPINION SEGMENT:  It is finally time to be optimistic about real estate.  That stated, institutional investors are starting to pull out of the Phoenix market because … Continue reading

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Phoenix home prices – looking in the rear view mirror

A recent Wall Street Journal article conveys “Here’s More Evidence That Home Prices Have Hit Bottom.” The indicators for the Phoenix market are clear that the bottom was reached in February of this year and that rapid appreciation is continuing. … Continue reading

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Bad Data Means Bad Decisions

Just read the headline this evening – Phoenix among worst real estate markets – and had to scratch my head. How can a market with 20%+ appreciation in the last six months be listed as one of the worst markets? By … Continue reading

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Defining Luxury – 15 Signs of a Luxury Home

lux·u·ry: The state of great comfort and extravagant living. Based on a recent review of a listing for a luxury property in the Arcadia area, here are some indicators of what a luxury property will include: 15 Signs of a … Continue reading

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The End of Short Sales as We Know Them?

The time is limited for homeowners who want to ensure they aren’t hit with a big tax bill when they short sell their home. The Mortgage Forgiveness Debt Relief Act is set to expire on December 31, 2012. At the … Continue reading

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5 Foreclosure Myths for 2012

Here are some comments from Carl Medford as published by Trulia. His notes on buying foreclosures and trends on the luxury real estate market are on point with our experiences, also. Beginning in 2007, foreclosures rocked the real estate world. … Continue reading

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Spring Trends in Phoenix Real Estate March 2012

Almost everything you read about the Phoenix real estate market is based on data that is 3-6 months old. Often, news reports reflect exactly the opposite of what is currently happening in the market.  For example, I read a lot … Continue reading

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Looks matter – More than you think when listing your home

Tips for listing your home for sale What determines the value of residential real estate? – Yes, the answer is location, location, and location. But when you are selling property, you can’t change the location. You can do several things, however, … Continue reading

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