Author: Vicki Etherton
Real Estate Buzz,Trends and Tips
Seller Closing Costs: A Quick Guide
Selling a home is not always easy, and it can get even more complicated if you do not know the extent of seller closing costs in Arizona. As a seller, it is important to fully understand what closing costs entail plus any additional seller concessions before proceeding with the final sale. Buyers will typically ask […]
Commercial Escrow Process Guide
The escrow process can be daunting. Anyone that has purchased property knows the escrow process involves documents, depositories, and legalities that can be overwhelming if you are not working with a knowledgeable escrow officer to walk you through step-by-step. At Landmark Title, we are well versed in the commercial real estate escrow process. To help […]
What to Expect With a Home Inspection
You found your dream home, now comes the home inspection. After learning that your offer was accepted, you or your realtor will schedule a formal home inspection. The home inspection is an important step in helping the physical conditions of the property. While the conditions listed in the Purchase Contract or Seller Home Disclosure provide […]
Southwest Commercial Real Estate Draws in Large Companies
The landscape of Southwest commercial real estate is changing and growing. Within the last few years, high-tech companies have been looking to the Southwest as a new alternative to pricier markets for commercial office space. In August 2020, Amazon announced that they will be adding a 100-million-dollar expansion to office spaces in Phoenix with […]
What is Title Insurance & Do You Need It?
Purchasing commercial or residential real estate can be a stressful process and each transaction has the potential to carry some challenges even after the closing process. Title insurance helps mitigate the risk of issues that may arise concerning your property transaction. What is Title Insurance? Title insurance is a form of indemnity insurance that protects […]
The Future of Commercial Office Space in Arizona
The abrupt shift to remote working due to the pandemic revealed that most office workers managed their jobs well while working from home. This has prompted some corporate leaders to re-evaluate the use of traditional office space and rethink their business needs moving forward. While many understand that the future of commercial office space will […]
Home Buying Strategies in a Seller’s Market
The residential real estate market in Arizona continues to be one of the hottest markets in the U.S, with supply remaining low and demand high. For those looking to purchase a new home in a seller’s market, it can be challenging. Whether purchasing a primary residence, a second home or investment property, it may take […]
Influx of Short-term Rentals for Sale Across the Valley
There are a number of businesses struggling due to the existing global pandemic – travel and tourism is one of the industries that was hit the hardest. A residual of the COVID-19 impact on travel is a significant decline in short-term property rentals. As millions of travelers canceled their travel plans, vacation rental platforms like […]
What is Gap Insurance & Do You Need It?
Purchasing commercial real estate can be a stressful process and each transaction carries some challenges during the closing process. This is especially true right now, as the real estate industry and commercial buyers and sellers navigate business deals during a pandemic. Title insurance helps to mitigate the risk of issues that may arise concerning your […]
How the Valley Residential Real Estate Market is Responding to COVID-19
It’s no surprise that the COVID-19 outbreak is significantly impacting the economy. As a result, it’s sparking changes across most industries, including the U.S. housing market. Residential real estate is responding to COVID-19 in multiple ways. While we are seeing setbacks in some markets comparable to the Great Recession, this is not the case for […]
COVID-19 may advance trends in commercial real estate
The coronavirus outbreak has quickly put the economy into turmoil. While many businesses are struggling to keep up with the drastic changes in the market, the commercial real estate industry may have some bright spots despite obvious uncertainties. The COVID-19 outbreak in the U.S. is expected to advance trends in commercial real estate that were […]
Remote Online Notarization: What does it mean for you?
Remote online notarization allows you to get your documents notarized anytime, anywhere – you can even do it from home in your pajamas. It is no secret that technology is changing the way we do business. Even before COVID-19, we could conduct virtual meetings, digitally store documents and work remotely. Now, these tools and resources are more valuable than ever, as we continue to work with customers and process real..
Navigating new ways of doing business during the COVID-19 outbreak
Navigating new ways of doing business during the COVID-19 outbreak
What is driving trends in the Phoenix rental market?
It is no secret that the Valley is one of the strongest real estate markets in the U.S. The growth and appreciation include positive trends in the Phoenix rental market for both the residential and commercial sectors. According to RealPage, Phoenix residential multi-family property rents have increased nearly 50% since 2010 and as of January […]
Commercial Properties: Why Cannabis Investors are Buying them up
The cannabis industry is rapidly growing as more and more states are legalizing both medical marijuana usage and adult/recreational use. The rapid growth has led to an increase in demand for commercial properties, as cannabis companies need space for both their manufacturing and retail operations. Investors are now buying up commercial properties, such as warehouses […]
Why you need a realtor: buying & selling
Buying a home is considered one of the most stressful things you will ever do, but, it’s also one of the most exciting purchases you’ll ever make. Whether you are a first-time buyer, or you have purchased a home before, it is a complex transaction and it is one of the most expensive purchases you’ll […]
2020 commercial real estate forecast: Where does Phoenix fit in?
Consistency. That’s the most frequently used word when the commercial real estate landscape in Phoenix is discussed. And that’s not a bad thing. Phoenix-Metro is still affordable, is steadily modernizing and the with success in the area of economic development, the cities that make up the metro area are adapting to create a better quality […]
Designing for the future: Sustainability and Technology are a must
Move over Millennials, Generation Z represents the new kids in town, and they are more environmentally conscious than you! This new demographic is also forcing builders and developers to rethink designing for the future and adapt to create more thoughtful spaces that include sustainable, affordable materials. Gen Z is defined as people born between 1996 […]
Why is Tempe the epicenter of commercial real estate projects in Metro Phoenix?
In June, we wrote a post on how Tempe Town Lake facilitated the city’s economic development. Commercial real estate projects in Metro Phoenix are abundant, but Tempe continues to be a draw for many businesses, including commercial real estate developer, Irgens who recently announced plans to break ground in the first quarter of 2020 on […]
Phoenix is a hotbed for luxury assisted living group homes in residential neighborhoods
By 2035, the number of seniors in the U.S. is expected to hit 78 million (almost a third of the country’s population), according to a 2018 U.S. Census Bureau report. In a recent housing market forecast for 2020 prepared by AZRE, it’s predicted that the senior housing market will continue to heat up. Assisted living […]
Collaborative workspaces are a hot new trend in Phoenix
Collaborative workspaces are becoming increasingly popular. The open environment falls in line with the values of today’s employees and it provides many benefits for both your staff and your bottom line. Collaborative workspaces attract businesses of all sizes– from startups to global enterprises. The workspace is typically made up of a mix of private offices […]
Why you might consider hiring a staging company to help with the sale of your home
Preparing your home for market can be stressful, as there are a lot of different components to think about. Before listing your home, the obvious first step is finding a realtor to take you through the process; the next step to consider is hiring a home staging company. While your home interiors may look good […]
Refinancing for commercial real estate – What you need to know
Owning commercial real estate is not for the fainthearted; commercial properties are far more expensive than residential properties, they cost more to maintain, and there’s the risk of seeing the value of the investment drop during a recession or economic downturn. However, while these factors may be off putting to some, keen and experienced investors […]
What are the pros and cons of an HOA
With the sea of master planned communities, townhomes and condominiums making up the majority of homes in the greater Phoenix market, chances are pretty high that you will have a Homeowners Association (HOA) fee included in your monthly costs. HOAs are made up of a board of directors and are run and funded by its […]
Trends in commercial real estate construction
Driving through Maricopa County, it is evident that commercial real estate construction is experiencing a boom. While the experts are trying to determine when it might slow, there are some clear trends in commercial real estate that are influencing construction practices and building design features. Here are a few leading trends dominating 2019: Psychographics […]
Arizona ranks high on best places for first-time home buyers
A recent study published by WalletHub recognizes five Maricopa County cities on the list of 30 best places for first-time home buyers. The study ranks the best and worst cities in the U.S. based on a variety of criteria including affordability, market attractiveness, property taxes, quality of life and cost of living. While Tampa, Florida […]
Going high tech: How tech jobs are impacting Phoenix’s commercial real estate market
The influx of tech jobs are growing the Phoenix commercial real estate market. The usual players, health care employment, population growth, and tourism are often the first thing experts point to in assessing market health, but Phoenix’s tech story is an emerging and important player. The Greater Phoenix Economic Council’s reports that a pro-business environment, […]
How is AI impacting commercial real estate
We hear that artificial intelligence (AI) and machine learning are disrupting industries, including residential real estate, but the AI clamor is decidedly quieter when talking about its impact on commercial real estate. While AI has gained a foothold in residential real estate, things are moving a bit slower on the commercial side of things. That […]
How Tempe Town Lake facilitated Tempe’s economic development
Tempe Town Lake began as an academic exercise for ASU architect students in 1966, but the formerly dry riverbed is now a bustling mecca for Tempe’s economic development and rising real estate values. More than 50 years ago, ASU’s College of Architecture dean, James Elmore challenged his students to come up with a way to […]
Will the land value around Grand Canyon University go up?
Universities are generally very good neighbors to the real estate around them in terms of rising land value. Real Estate near Arizona State University’s Tempe and downtown Phoenix campuses have seen steady climbs in prices. Both areas have ranked as two of the hottest development zones in the Valley. But what about land value around […]
5 Steps to Increasing Your Credit Score
Happy with your credit score? If not—you’re not alone. While increasing your credit score can seem difficult, it is easier than you think. Why increasing your credit score matters? Before learning how to improve your credit score it is important to understand why you should. Your credit score is one of the most important factors […]
Non-stop flights between Asia and Phoenix means Asian investment in Arizona real estate
The addition of non-stop flights between Asia and Phoenix would unlock the door to a lot of Asian investment in Arizona real estate. That was the message from the Greater Phoenix Chapter President of the Asian Real Estate AgentAssociation to its members at a recent meeting. Kurt Nishimura told members that direct flights facilitate investment. […]
Vacant Land in Phoenix? The City probably owns it
Looking to buy land? You may want to check out this list. It’s a map showing parcels of vacant land in Phoenix, that are for sale, sold or under review—and all of them—are owned by the City. Visitors to the site can sort properties by zip code, council district, address, price and square footage. Hundreds […]
3 Myths about purchasing new construction homes: What agents need to know
Buying a home from a builder may seem easier than purchasing a re-sale home. In reality, the process is just different. Keeping that in mind, let’s bust three common myths and tell you what agents need to know about purchasing new construction homes. Prices of new builds are not negotiable Yes, […]
The importance of hyper-local data and residential real estate: The Cromford Report
The importance of using hyper-local data in residential real estate, such as the Cromford Report, comes down to being able to understand the difference between a crash and a market correction.
The surprising answer to the question of whether solar panels add value to your home in Arizona
It seems like a no-brainer that solar panels add value to your home in Arizona. Except-- they don't, at least not all the time. The reason for this may surprise you.
Is there any affordable housing being built in Phoenix?
Developers are racing to build Luxury apartments and condos in an around Phoenix's reinvigorated downtown, but is there any affordable housing being built in Phoenix? Yes, but not enough.
A look at the latest design trends in real estate: what the expert have to say
Three leading Phoenix designers talk about the latest design trends in real estate: What is in and what is OUT!
Hotel construction boom in the Valley: a look at what’s going on
There is a hotel construction boom in the Valley. Construction and development of hotels is up 25 percent in the Phoenix metro area. Here's a look at what is coming.
What to do when your house appraises too low
When trying to sell your home, a low appraisal can be devastating and a deal killer. Don't panic. Take these steps if your house appraises too low.
How to buy a home
You’re ready to buy a home, now what? Call a realtor and start looking, right? Wrong. Buying a home does not begin by looking for the home or even calling a realtor. There are several steps you need to take first. Otherwise, you risk finding your dream home and being frustrated when you are not […]
What’s going on at the office? Office Space Trends in Phoenix
What office space trends in Phoenix will be kept on and which trends may be "let go." Will cubicles make a comeback?
Why you may want to rethink being a resimercial real estate agent
Newer agents may be tempted to become resimercial real estate agents, but commercial and residential real estate are vastly different from each other and it's hard to become an expert in both.
The real impact of Light Rail on Valley commercial and residential real estate values
The City of Phoenix wants to expand the Light Rail into South Phoenix, and it begs the question, what is the real impact of Light Rail on Valley commercial and residential property values?
Forget downsizing—right size: Four things to think about before you move
When it comes to downsizing your some, smaller is not automatically better. Follow these four tips to make sure you don't just downsize, you rightsize.
Commercial real estate and cannabis, high times for growth
The growth of Arizona's medical marijuana industry is proving to be a boon to commercial real estate. Cannabis growers are buying older industrial properties and giving new life to shuttered warehouses and factories.
Steps to recover from wire fraud
When the worst happens; when you have been duped into transferring thousands and thousands of dollars, you must follow these steps to have any chance of recovering from wire fraud.
What you need to know about the threat to real estate transactions: Business Email Compromise, could cost you millions
What you need to know about the threat to real estate transactions: business email compromise. The FBI says this crime is costing people millions.
Commercial Loans vs Residential Loans: Do you know the differences?
John and Jane want to buy piece of property to house their new business, “John and Jane’s Jams and Juices” and they need a commercial loan. Sounds simple, after all, they bought their house and they have been through the residential mortgage process. Isn’t it the same? The simple answer is no.
Valley’s growth of hi-tech businesses, growing everything
The Valley’s growth of technology businesses is behind much of what is going up: the number of renters, more apartments, the population and the cost of office space. High tech employment shot up more than 25.4 percent over 2015 and 2016; an impact that has spread across the job market. Last year the demand […]
Landmark Title Keeps Pace with Growing Arizona Real Estate Market
Steady growth in Arizona’s real estate market means big things for Landmark Title Assurance Agency. The company recently added seven new members to the team and opened a new office at Kierland Commons. Plans are on tap to add more staff and space in 2018. On top of that, Landmark Title just entered into […]
The house that ate the backyard: Why houses in Phoenix are getting bigger and yards are getting smaller
The large citrus covered lots around Phoenix are disappearing. In there place, large multi-storied homes with tiny yards are appearing. More home, less yard. It's what buyers want.
The attractive nuisance: 5 Things that can raise homeowner’s insurance
Are you the proud owner of an attractive nuisance? If so, get ready to pay more for homeowners' insurance
Disclosing facts about your property in Arizona: What do sellers have to tell buyers?
Sellers, you may be tempted to use the "don't ask, don't tell" policy in disclosing facts about your property in Arizona. Don't do that. Arizona law requires you disclose things the buyer may not even ask about.
Horizontal Development: Arizona real estate’s next big thing?
While apartments rise high in the Valley's urban centers, development is headed sideways in the suburbs as horizontal apartment developments take over the suburbs.
Is blockchain technology coming to real estate?
The question is not whether blockchain technology is coming to real estate in Arizona, the question is how long is Aunt Blockchain staying and will she be making big changes around the house?
Why buying a house in December should be on your Christmas list
The very things that might deter you from buying a house in December are the same things that might make for a better home buying experience.
What you need to know before you list your home during the holidays
Conventional wisdom says not to list your home during the holidays, but sometimes circumstances require that you give conventional wisdom the ol’ heave ho ho ho and stick that for sale sign up with the Christmas lights. If your holiday includes listing your home here are some general guidelines to keep things merry and bright.
Food halls, the next big trend in Phoenix?
The struggle and increasing demise of big-box retailers is helping give legs to a new trend in commercial real estate: food halls. Long a fixture in New York and San Francisco, food halls are now sprouting up in several major cities. The number of food halls in the U.S. grew almost forty percent in […]
Where have all the houses gone? Low inventory in the Phoenix housing market
The Phoenix housing market is what they call a seller’s market. Prices are climbing, demand is spiking and yet the number of closed escrows has declined. Experts lay the blame on low inventory, meaning too few homes exist on the market to meet demand.
Are Airbnb’s in Phoenix, a good investment?
Job and population growth are fueling a booming commercial and residential real estate market in metro Phoenix. Consider thqt and the fact that Arizona's lawmakers have passed a law protecting home-sharing platforms, and you have the perfect environment for investing in Airbnb's.
Are Cool Roofs the answer to Arizona’s heat?
Arizona has the perfect climate for cool roofs to work best. And they do lower your utility bills in the short term. But the mass, long-term use of cool roofs may spell a hotter, drier climate in the long run.
Why you need title insurance
Why do you need title insurance? Think of it like health insurance for perhaps your largest investment. Most of the time you don't need it, but when you need it, you really need it.
Beware of wire fraud scams: Protect your real estate transaction
Wire fraud is a growing problem in real estate transactions, costing consumers millions of dollars. Often, we think of victims of these sorts of crimes as vulnerable and naïve, but truly, anyone purchasing or investing in real estate is a potential target of scammers. As a title company handling commercial and residential transactions, we are […]
Is real estate crowdfunding a good idea? (Maybe)
Real estate crowdfunding is a growing trend in commercial real estate, but is it a good idea? Like so many issues in regards to investing- it depends.
Virtual staging: effective marketing tool or deceptive advertising?
Virtual staging is a growing trend among real estate agents. Is it an effective marketing tool? Where is the line between helping possible buyers better visualize a space's layout and deceptive advertising?
What you need to know about a 1031 exchange
A 103 allows real estate investors to keep growing their investment and pay taxes once.
Is buying an office condominium a good idea?
Only due diligence can tell you if buying an office condominium adds up to a smart investment. There are several questions that need specific answers.
Infill development: the good, the bad and the zoning
Infill development in the urban areas of Phoenix has grown steadily in the last decade. The explosive growth of high and mid-rise apartments has also unleashed further development of restaurants, retail and service-oriented business that follow apartment and condo dwellers into their new digs.
Should builders market to foreign buyers?
Arizona’s hot weather may be wearing thin on the locals, but it appears to be attracting foreign buyers in residential real estate. California, Florida, Texas and Arizona, rank as the top four states, respectively for home purchases by foreign buyers. The sunshine factor in the top four is a strong indicator that warm weather likely […]
Landmark Title adds vice president
Landmark Title Assurance Agency recently hired Kristi Smith to fill the position of Vice President. In the newly created position, Kristi will oversee business development for Landmark Title’s residential services department and expand its operations. She will also lead sales and marketing and be responsible for recruiting and managing the company’s growing team of Escrow […]
4 questions to ask before investing in commercial real estate
It’s easy to understand the attraction of investing in commercial real estate, especially in Arizona, where the Valley is seeing a major boom in the opening of restaurants, retail spaces and large, posh apartment complexes. The potential returns on commercial property can be much bigger than investing in residential real estate, but so are the […]
How to stage a home for sale
When a homeowner is ready to sell, there are usually two goals: to sell fast and to sell high. A well-staged home plays to both goals. By showcasing a home’s best assets, you allow prospective buyers to see its potential, the possibility of creating the living space the next owner may want. The trick is […]
Does it pay to have a home warranty
When you purchase a home, you can expect to have several added expenses. You expect and can plan for the mortgage and insurance, but most homeowners don’t anticipate the cost of repairs. Unfortunately, unexpected issues are bound to happen. When the summer heat hits, the air conditioner inevitably goes out, the dryer breaks or the […]
How would changes to Dodd-Frank affect the real estate industry?
In January, on the eve of President Donald Trump’s inauguration, we posted a blog that looked at the Dodd-Frank Act and its potential impact on the title insurance industry. The Dodd-Frank Act that was originally introduced under the Obama administration increased the level of regulation on the financial services industry, implementing stress tests to determine […]
What is happening in the Phoenix condo market?
Most Arizona residents would agree that in the last few years, condos and apartment buildings seem to be popping up on almost every corner of the major towns and cities throughout the state. Phoenix seems to be especially booming with high-density residential projects. With all this building going on, what is really happening in the […]
Why do I need Title and Escrow Services?
Real estate is a complex business and for this reason there must be a number of things in place to ensure that obstacles and challenges are addressed when a transaction takes place. This is where title and escrow services come into play. At Landmark Title Assurance Agency, we manage escrows that are often complicated, […]
5 Questions to Ask a Title Company: Things you need to know when choosing a Phoenix title insurance company
Things you need to know when choosing a Phoenix title insurance company: It is good to turn to your real estate agent, friends and your lender when choosing a Phoenix title insurance company. As a homebuyer, you need assurance that the seller has a legal right to sell the property and that there aren’t any […]
Weighing The Pros And Cons Of Renting Or Buying?
When it is time to find a new place to live, an important decision to consider is whether you should rent or buy your next home. While there are advantages and drawbacks to both, it’s best to weigh the pros and cons of renting and buying to see which will benefit you financially while keeping […]
Trends in Homebuilding
As the housing market evolves so do the styles and trends homebuyers are looking for. Homebuilders try to hone in on the preferred amenities that aesthetic buyers want. They also anticipate what they will want in the future. The upcoming market of potential buyers are millennials, the generation born between 1981 and 1997. This group […]
Landmark Title Adds Builder and Developer Direct Services Department
Landmark Title recently added a new department to expand its client services. The Builder and Developer Direct Services department will provide value-added services directly to the developers, sub-dividers and homebuilder community. They will work closely with builders and developers on everything from single site builds to master planned communities, ultimately helping clients navigate the Subdivision […]
Real Estate Industry Veteran, John Gerard Joins Team
Landmark Title warmly welcomes John Gerard to the team as Vice President of Builder and Developer Services, a new department at Landmark Title. In his new position, John will work closely with builders and developers to provide title and escrow services for land acquisition, home builders and community development. Under his direction, Landmark Title […]
Protecting Property in Divorce
No one likes to hear news of a divorce. The process is emotionally and often financially draining. Heartbreak aside, one of the biggest concerns for couples who are going through divorce is splitting up the assets. The most important asset is usually real estate, because a home or any property is generally higher in value […]
Office space trends for 2017
The overall environment and layout of an office space can significantly impact an organization’s performance and the happiness of its employees. In 2017, companies are facing busier environments and ever-changing technology With these demands confronting most offices, it is more important than ever for companies to provide an enlightening space for its workforce. As Millenials […]
The Dodd-Frank Act’s Impact on the Title Insurance Industry
On July 21, 2010, President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into federal law as a response to the financial crisis of 2008. The purpose of the act was to place steeper regulations on the financial industry and boost the government’s control over major financial institutions. Of course, this […]
Why Does My Title Insurance Company Need to Send Encrypted Emails?
If you’ve done business with Landmark Title Assurance Agency before, you may have noticed the following message: “We encrypt all emails that contain personal information. Encrypted emails from me or my team will come from McAfee. You may access the encrypted email online using your personal login credentials. When you receive the first email, […]
4 Tips For Getting A Successful Mortgage Modification
The pursuit of owning a home or parcel of land was, for many years, the American dream. Now, the Center for a New American Dream has re-envisioned this aspiration, stating the new American dream focuses on more of what really matters, such as “…creating a meaningful life, contributing to community and society, valuing nature, and […]
Trends Impacting The Commercial Real Estate Market
The commercial real estate market is an ever-changing industry that requires endless monitoring, systematic analyses, and strategies for change/growth. These sentiments pack so much more punch when you consider the global economic and political uncertainties we face after the completion of our current election. Nevertheless, our commercial title and escrow officers are working with commercial […]
5 Factors Positively Impacting the Phoenix Housing Market
As 2016 comes to a close, we look back on the year to learn how the real estate market has fared and consider what the market looks like for the year ahead. Fortunately, this year the news was good; the Phoenix housing market has finally recovered, going from one of the worst in […]
5 Things You May Not Know About Mechanic’s Liens
There are a few things you may not know about mechanic’s liens, including what a mechanic’s lien is. We completely understand your confusion, and the team at Landmark Title Assurance Agency is here to answer any questions you may have about this type of commercial and residential property benefit. A mechanic’s lien is defined as […]
America’s biggest homebuilder just got bigger
D.R. Horton, the biggest homebuilder in the U.S. is growing. The company recently announced the acquisition of Wilson Parker Homes, which has operations in Atlanta and Augusta, Georgia; Raleigh, North Carolina; Columbia, South Carolina and Phoenix, Arizona. The deal added 490 homes and 390 lots and an additional 300 homes under contract to D.R. Horton’s […]
Artificial Turf is Not Just for Football Stadiums Anymore
Artificial turf or synthetic grass has been gaining popularity in recent years, especially among Arizona homeowners. This may not come as a surprise to most Valley residents when you consider the challenges of growing a lush lawn in the dry desert heat and the fact that artificial grass has a reputation for being eco-friendly, relatively […]
Adjustable Desks at the Office: The Start to a Healthier Workplace
Sit-stand desks are a growing office trend, and according to a few research studies, they can provide a number of health benefits for people in traditionally sedentary jobs. While the health benefits from standing all day is still up for discussion, having adjustable desks provide employees with the freedom to boost their energy expenditure. According […]
Hostile Acquisitions In Real Estate: Knowing Your Rights
Property management acquisitions can be friendly or hostile, hopefully you never have to deal with the latter. Although rare, hostile acquisitions can occur through a tender offer or a proxy fight, and both can present a number of challenges for the companies involved in the takeover. Nevertheless, these acquisitions can be done with […]
Differences Between Commercial and Residential Real Estate Transactions
It’s a common misconception that commercial brokers and residential real estate agents perform the same job functions. While both professions share many similarities (they both work in real estate, after all), there are many differences between commercial and residential real estate professionals. For the purpose of this blog, we’re going to focus on one of […]
The Steps Of Home Buying Explained
The home buying process can be a number of things for first, second, and third-time homebuyers: a) intimidating, b) frustrating, c) exciting, or d) all of the above. Regardless, the seasoned residential real estate professionals at Landmark Title Assurance Agency recognize that buying a home is a very challenging, yet rewarding transaction. With more than […]
How to Address Real Estate Easements and Encroachments
Encroachments and easements are two common real estate issues that can affect commercial and residential property owners. If you own property, such as land and/or any buildings permanently attached to land, you have certain rights to use your land and those buildings how you please. If a person or company tries to build a building […]
Pool Maintenance Before Selling Your Home – The Good, and the Bad
In Arizona, pools are a very popular home feature – and it would seem for good reason. However, pool maintenance is key. A pool can be enjoyed by homeowners most months of the year, and provide a much needed respite from our sweltering summer sun, as well as entertainment. However, there are various misconceptions about […]
Why it’s a Sellers’ and Buyers’ Market – The Rental Landscape
As we’ve previously explored, many of the Valley’s neighborhoods are seeing an expansion of high rises and general development – both residential and commercial. Many of these new (often, luxury) condo units are available for lease and purchase, and the diversification is creating a marked trend: longtime renters realizing rising prices and turning into homebuyers. […]
Join us in congratulating Jonie!
Our very own senior escrow officer, Jonie Alden, was nominated for the 2016 Arizona Journal of Real Estate & Business Awards for Escrow Office of Year. The awards took place on April 27, 2016 at the Arizona School of Real Estate & Business, and honored individuals in eleven categories who’ve made an impact in the […]
Valley Residential Real Estate Development Continues to Boom
When it comes to certain sectors of Phoenix-area real estate development – the shadow of the housing crisis has become something of a bad dream that’s finally come and gone. Specifically, condominium development downtown and in surrounding areas is showing promising sales results with many new communities now near completion. For a city that has […]
How Commercial Real Estate in Arizona Stacks Up Nationally
In February, we explored the impact of foreign investment on Arizona’s economy. Research showed a healthy flow of foreign financial interest into local development, but we were still unable to see the bigger picture when it came to any solid comparisons. In other words, how does Arizona stack up to the age-old lucrative markets on […]
Earth Friendly Homes: Energy Efficient Incentives
Sustainable homes seek to save energy, promoting energy efficient incentives in your home decreases waste and saves money. In an effort to encourage homeowners to add more energy efficient features, federal, state and local tax incentives are often available for renewable energy investments and energy efficient solutions. Advanced automation systems and green energy homes on the […]
The Top 5 home projects to tackle before summer
Spending your 100-degree summer days lounging in the pool sounds a lot more appealing than puling weeds or taking on a new DIY project. That’s why spring is the perfect time in Arizona to tackle those looming home improvement projects, before summer season hits. When taking a look around your home to determine what needs […]
Herstory Month: Women at Landmark Title
March is Herstory Month, which is dedicated to raising awareness and celebrating the accomplishments and stories of women. At Landmark Title we have an amazing team and many of our members are women with great stories to tell. At the helm is our president, Vicki Etherton with more than 30 years of experience in the […]
Commercial Real Estate Holdings in 2016
If you’re looking to invest in commercial real estate holdings, this year may be the time to take advantage of low growth rates. A recent article on Bloomberg the stagnation of growth in the commercial sector according to analysts at Morgan Stanley: “It was a surprising prediction for a market which has seen prices easily […]
Why Foreign Investors Choose Commercial Real Estate in Arizona
Ever since Arizona experienced a turnaround from the 2007-08 financial crisis, foreign investment in our state’s real estate market has increased. Many attribute this injection into local projects as integral to the state’s continued growth since the downturn. Our geographic and cultural connection with Mexico provides for one close means for foreign investment, but Canadian, […]
10 Top Tips for Staging Your Home
If you are thinking about putting your house on the market, winter is the perfect time to get the wheels in motion. That means come spring you’ll have laid the groundwork to hire a listing agent and you will be ready to open your house up to potential buyers. An important part of preparing your […]
The Rise of the Urban Core(s)
This year could shape up to be a very exciting time for growth in metro Phoenix. In recent reports from the Phoenix Business Journal, this year’s new projects are centered on development of the ‘Urban Core’. Scottsdale Fashion Square’s owner Macerich has made an entitlement proposal for a 150-foot mixed-use extension that will incorporate commercial […]
Why CRE Brokers should utilize the Internet
We now live in an age where an almost endless amount of information is only a short click and a browser search away. The Internet Age has revolutionized the way people work, communicate, play, and interpret information. This includes the work that commercial real estate brokers take on when establishing themselves as a point of […]
Why it’s prime time to buy & sell residential real estate in metro-Phoenix
The percentage of new home permits for Phoenix-area construction shows robust growth with a staggering 77 percent increase from October 2014 to October 2015. In October 2014, builders took 710 permits, while this year it was reported in Scottsdale real estate research firm’s RL Brown Housing Reports that more than 1,250 permits were taken for new construction. […]
Are retail spaces revitalizing?
If not a revitalization, it’s certainly a revision. We are seeing the changes in the restaurant industry; more fast casual places and mixed-use market-style setups that cater to a new breed of eaters. In the face of an uphill battle against online shopping, retailers are also looking to change their faces, and in doing so, […]
Home Projects to Tackle in Preparation for the Holidays
Thanksgiving is just around the corner and it is the biggest and busiest weekend for travel across the country. Before your clan descends on your property and bring everything minus the kitchen sink, here are a few projects you should consider tackling prior to their arrival. Take care of the plumbing It is inevitable that […]
Landmark Title Secures Closure in Major Deals
As a Phoenix-based title company we are involved in a wide variety of real estate deals that involve varying degrees of complexity. Due to the nature of our business we are often unable to make an official announcement when a deal closes. While we have closed many deals in the last year, there is one […]
What is the role of an escrow agent?
Congratulations, you have sold or purchased property! Your next step is signing papers to enter into escrow with an escrow agent, also known as the closing agent. The meaning of escrow is: a deed, deposit of funds or any other instrument by one party for the delivery to another party upon completion of a circumstance […]
Why is there a Demand for Airport Real Estate?
When it comes to land near an airport, we often think of noise pollution and traffic-heavy thoroughfares that make life more difficult. While not always ideal for residential development, these spaces can be especially lucrative in terms of commercial real estate. Offices close to major airports benefit from being a short distance away, which is […]
A Look at the Latest Commercial Real Estate Transactions in Metro Phoenix
We are seeing commercial real estate development continue to soar in the city of Tempe , along with buying and selling of a number of commercial properties in the area. The 128-room Holiday Inn Express Hotel & Suites, located at 1520 W. Baseline Road in Tempe, recently sold for $11M, equating to a little over […]
How 3D Printing will Change the Face of the Home Construction Industry
China was the first country in the world to produce the first 3D printed home, but they didn’t just produce one house, they printed 10 in one day, each measuring just over 2000 square feet and costing only $4,800. Architects and home builders around the globe are now racing to follow in the footsteps of […]
A look at the Phoenix Housing Market
Although Texas leads the way, Phoenix ranks sixth on the list of best U.S. real estate markets. The current median sales price is up by a 14.8 percent y-o-y increase. So, if you’re looking to make an investment, indicators suggest now is a good time. According to Senior Real Estate Reporter, Catherine Reagor of The Arizona […]
Understanding TRID for Homebuyers
If you’re planning on buying a home this fall, you’ll likely see two new forms along with some new procedures surrounding the loan-closing process – as mandated by TILA-RESPA Integrated Disclosure Rule, or TRID. According to a recent article on AZ Central, the new documentation will mean a more transparent lending process, as the new […]
Understanding TRID for Homebuyers
If you’re planning on buying a home this fall, you’ll likely see two new forms along with some new procedures surrounding the loan-closing process – as mandated by TILA-RESPA Integrated Disclosure Rule, or TRID. According to a recent article on AZ Central, the new documentation will mean a more transparent lending process, as the new […]
Why Have Title Insurance?
When purchasing a house or property, most buyers don’t know why they must enlist a title company. The simple reason is that, when they purchase a property, they are actually buying the title. Title, which is essentially recognition of ownership, gives the owner the right to hold and use the property. Sometimes unbeknownst to the […]
How to Fung Shui your Office Space
The ancient Chinese practice of feng shui is based on the idea that everything in a person’s surrounding environment affects his or her inner life. The principle of the practice is to arrange the physical objects in your environs to attract positive energy. Practitioners believe that if there is good chi (life force) flowing, whoever […]
Top 5 Real Estate Investor Mistakes
Real estate continues to offer appeal to investors looking for a good return. While the market has yet to fully recover from the recession, there are a number of promising indicators in both the residential and commercial sectors. According to Joel Cone at U.S. News & World Report, home values and sales are expected to […]
How to Choose the right Office Space for your Business
Landmark Title Assurance Agency recently moved to a new offices. They are now located at 2555 E. Camelback Rd. The new space is close to the firm’s previous offices at the Esplanade, just further west on Camelback. When looking to move to a new location, a business owner or manager must consider the decision from […]
5 Steps to Selling your Home
Spring and summer are primetime when it comes to buying and selling homes in most parts of the country. As the Phoenix market begins to see an upswing, sellers need to be prepared for more of a sprint than marathon. If you are planning on listing your home this spring, it is imperative that you […]
Commercial Title Officer Added to Landmark Title Team
Landmark Title Assurance Agency is excited to announce it has recently hired a new commercial title officer, Josh Conant. As a title officer, Josh will be researching properties to ensure there are no claims that might jeopardize an owner or buyer’s rights. Josh got his start as a title officer in 2002 with Fidelity National Title. […]
Attempted Hostile Acquisition of Scottsdale Fashion Square Ends
After terse deliberations, Simon Property Group abandoned their attempt to acquire Scottsdale Fashion Square from Santa Monica-based Macerich Co. Macerich Co. reported on Wed., April 1 that their board unanimously rejected Simon Property Group’s offer, despite the falling value of the company’s stock, which closed at $78.73 on April 1. Simon Property Group offered to […]
Top Mobile Apps for Home Buyers and Sellers
Buying or selling a home can be a long and intimidating process, especially for first timers. From choosing an agent to asking the right price to hosting an open house, there are many things to consider. Continued advances in technology and the increased use of mobile devices are changing the home buying and selling process. […]
In Comparison: Arizona Versus the National Commercial Real Estate Market
At Landmark Title Assurance Agency we deliver clients expertise derived from over four decades of experience in commercial real estate. In order to keep delivering exceptional service, we believe it is essential that we stay abreast of industry trends, and have a clear understanding of the 2015 outlook. According to the Emerging Trends in Real […]
Eight LinkedIn Groups Real Estate Professionals Should Join Now
Whether you’re a real estate agent, broker, appraiser or involved in some other facet of the industry, it’s important to keep up with what’s going on and to consistently make new connections. LinkedIn is a valuable networking tool among real estate professionals, yet it is often under-utilized. After updating or completing your LinkedIn profile, […]
Arizona to receive a $21.5 million settlement from Standard & Poor’s
The 2008 sub-prime mortgage collapse is not something title companies like to talk about, but every cloud has a silver-lining, and this one comes in the form of a settlement payment from a rating agency tied to the collapse. Standard & Poor’s, which was accused of issuing inflated ratings on securities that contributed to the […]
What is Luxury in Today’s Real Estate Market?
Nationally, luxury home sales have remained high despite the ups and downs of the real estate market over the past several years. So what qualifies as luxury real estate in 2015? While price point serves as simplified definition, let’s consider the characteristics that qualify a home as luxury. Location – As you might expect, […]
Q&A with Jonie Alden, Senior Escrow Officer at Landmark Title
Jonie Alden leads our Landmark Title residential title and escrow team. As a senior escrow officer, Jonie provides realtors, builders, mortgage brokers and their clients with her attention to detail and in depth knowledge to make each transaction as seamless as possible. Under Jonie’s direction, our residential team leverages their experience to offer our clients […]
Tempe Rising Brings Economic Boom to the City
In July of 2013, it was announced that three major projects for Valley development and commercial real estate would be constructed, resulting in more than $1B in economic impact. Dubbed “Tempe Rising”, these projects will include a $350M mixed-use development by USA Place, LLC, located at the SEC of Mill Avenue and University Drive […]
Round Up of 2014 Commercial Real Estate Sales
The final quarter of 2014 is generating a lot of excitement in Arizona’s commercial real estate sector, particularly in the Phoenix metro area. Research from Colliers International shows that in Q3 the greater Phoenix office sector posted another quarter of improvement. Vacancies tightened (ending the third quarter at 18 percent), rent continued to rise […]
How to Choose a Mortgage Broker
Many people turn to a mortgage broker when purchasing real estate. A broker can conduct market research to find the best rates and loan package options and offer extensive market knowledge. Choosing the right mortgage broker is important, as they are facilitating one of the largest purchases most people make in their lives. Here are […]
5 Mistakes First Time Homebuyers Make
For most people, a house is the largest and most important purchase they’ll ever make. It can also be the most intimidating. In order to save yourself from unnecessary stress, or avoid making a huge financial mistake, it’s important that you do your research and take your time. Here are four mistakes to avoid: Spending […]
Top Tips for Investing in Real Estate
Real estate is an excellent way to diversify your portfolio. However, it is important to do the necessary groundwork before making an investment. You must first ask yourself what your end goal is. If you’re looking to get rich quick that is not likely to happen when you invest in residential real estate. But, […]
Is Choosing a Title Company that Important?
Choosing a title company may not be at the front of your mind when purchasing commercial or residential real estate, but it is more important than you may realize. The right title company can work quickly to give you peace of mind to close your deal and help avoid any future real estate disputes. According […]
Welcome to Landmark Title
Welcome to the Landmark Title Assurance Agency. We will be regularly posting information about commercial real estate, investing, the residential real estate process, and further explanations of our services. Our blog posts will include a mixture of updates on commercial and residential real estate news and trends, valuable information on investing, tips on buying and […]