Arizona Real Estate | Archive
Landmark Title is a premiere title company located in Phoenix, AZ. We focus on any and allArizona real estate trends. This helps us provide our clients with the best service possible. We handle all commercial and residential title needs, LTAZ is different than the big title companies, because we provide a personalized service. Our team maybe small but they are all extremely well qualified. Contact us today to speak with a representative about you commercial title needs.
Real Estate Buzz,Trends and Tips
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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.
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.
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.
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.
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?
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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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, […]
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 […]
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 […]
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 […]