Arizona's New Real Estate Commission Rules: What Changed and What It Means for You
Hello, Scottsdale! Jeff Hernandez here, your go-to resource for all things real estate and legal in Arizona. In August 2024, the real estate industry went through one of its biggest changes in decades. The changes came out of a class action lawsuit that ended in a $418 million settlement agreement w
First-Time Homebuyers in Arizona: What You Need to Earn
There's no place like home, and if you're an aspiring first-time homebuyer looking to plant your roots here in Arizona, I'm here to guide you through the current landscape. Here are some of the latest statistics. To break into the Phoenix market, for example, you must earn around $86,100, which is
The Current Real Estate Market in Maricopa County: Inventory Lows, Rising Prices, and How the Summer Season Affects Sales
We're in interesting times in this real estate market. Despite rising interest rates, existing home sales are up, supply is down, and the rental supply in Maricopa County is growing (i.e., the rental market is softening). Nationwide, a meager 1% of homes swapped owners in the first half of this year
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