Arizona Real Estate Market Predictions For 2023

AZ Real Estate 2023

Arizona real estate has become hot again in the past couple of years, and it appears as though the heat may not be going out anytime soon. However, it’s still unclear how long the trend will continue. Several factors can affect the economy in the future. If the economy does start to cool, it could be due to a recession or rising rates, for instance.

The Phoenix housing market has had a great year. Home prices increased by over 20 percent. This is the second straight year home prices exceeded the previous record set in 2006. The average house price in Arizona is now $428,120, and the typical family house is valued at about $700,000.

Goldman Sachs recently darkened its predictions for the Arizona housing market for the coming year. However, analysts believe that price appreciation will continue for the foreseeable future. As the housing market moves forward, the supply of available properties will remain a key factor.

One of the key factors contributing to the high housing price in the state is the lack of available homes for sale. Homes are not selling quickly enough, and the absence of homes to purchase puts downward pressure on the gross contract price of new homes.

The market has also seen a lot of immigration, and new residents are drawn to the area’s low cost of living and cultural attractions. In addition, the presence of colleges and universities significantly impacts rents and housing values in the area.

The Phoenix metro area is one of the fastest growing in the nation. It is predicted to grow by 1,897,585 people between 2020 and 2040. While population growth in other parts of the country is slowing, Arizona’s population is expected to continue to increase in the coming years.

There are many reasons for the market’s growth, but the main reason is that Arizona is becoming an increasingly popular place to live. Among other things, it has a low unemployment rate of 3.3 percent. And the price of housing in the Phoenix metro area has risen by more than 40 percent in the last five years.

Another critical factor is the size of the local economy. According to the University of Virginia’s Weldon Cooper Center for Public Service, the Phoenix-Mesa-Chandler metro area will experience a 26.1% population growth from 2000 to 2040. Meanwhile, the state’s unemployment rate will decrease from 6.8% to 4.1%.

Many experts believe that the most significant driving force behind the Arizona real estate market is the migration patterns of the population. Several tech companies relocated to the state, and several snowbirds flock to the warm desert climate during winter. Other factors contributing to the market include a strong economy and the availability of high-quality rental housing.

These are just a few factors that will determine the market’s direction in the coming years. Prices are expected to increase steadily over the next few years, and the population is also expected to grow. But the economy is expected to remain tumultuous in the early years of the new century.

How To Plan For a Stress Free Move!

Stress-Free Moving!

Planning in any endeavor is crucial, and it goes true for moving home, too. If you could arrange it, you could be a happy and contented man or woman in your new home, keeping your leg up in your favorite chair and reminiscing about the day you moved for a long time into the future.


Moving is not an easy task, and it would drain you of mental and physical strength throughout the episode. For that, you would need to be ready and face it with courage and wisdom too. The average American is researched to be moving 11 times in his lifetime; that is a lot and also a billion-dollar industry which, because of some rotten eggs, is being relegated as a very corrupt and fraudulent industry in the United States.

The Federal Motor Carriers and Safety Administration are bending backward to make this industry safe. However, we hear very alarming incidents of fraud being perpetrated by some, and gullible people are still falling prey. Planning is essential, and everyone desires to have no untoward thing happening when they move from one location to another.

Finding the best moving company
Hence, early planning should begin with finding the best moving company, which is also like finding a needle in a haystack because there are a dime a dozen movers. Still, all of them are not genuine, and there could be fraudsters in their midst, leaving a bad taste all around, which has given this industry a terrible reputation.
You could begin your moving endeavor by making a complete list of all the Things To Do, tabulating them in a folder, and keeping a record of all you have done to execute your move on the date you chose.

Once you have listed the chores that you may need to accomplish during a specific period, it becomes necessary to ensure that they are followed to the letter and that everything moves to military precision so that you need not tear away your hair when the day comes to do the physical moving. You can’t carry all your belongings by yourself; hence you may need the help of professionals, and after finding them, getting them to handle the move would be prudent.

Listing what to do
Listing what you need to do long before and ticking off one by one when you complete each one would allow you to concentrate on the other little chores concerned with the moving.
Informing the school authorities and obtaining the school leaving certificates to enroll your kids in the new school, then going around to the Post Office and telling them in writing your move and the new address where they should redirect your letters are all necessary chores to attend to. Getting all the family medical records transferred to the new area where you would go to live and informing all your friends and others about your new address is all important. Walking to your bank and telling them and finding out if they have a branch closer to your new home, transferring your accounts, or closing your accounts should also be done.

I am packing fragile and breakables.
It is easy if you start packing the fragile and breakables early into cardboard boxes, and ensuring they can stand some rough handling during transit is also necessary. Going through the stuff you have and then deciding what you would need to take with you and what you would need to dispose of should be done at least two months before moving. This would give less hassle of packing and also would rid unnecessary stuff being carried along with you which does not serve any purpose for you or your family. Labeling the boxes and ensuring that everything that went into it is well and carefully packed and cannot be damaged in transit is what you should provide; this information about the fragile items should be passed on to the professional mover on the day of the move.

Winding up
Get the kids transferred to the new school in the new location you are moving into and get the necessary transfer certificates. If the need arises’ transfer the bank operations to your new site, too, as it would be a hassle for you to come all the way to attend to urgent bank matters. Visit the local Post Office and get the required documentation for the transfer of location and ensure you obtain confirmation because essential documents should not be stolen or lost after you leave.

Documentations
Documentation to confirm that all final utility payments have been settled and confirmation that they are all in order from the relevant authorities, landlords, or estate agents. Having these documents with you is necessary as you may be required to produce them later if the unforeseen happens.

Movers
Written confirmation from the movers and packers to whom you have commissioned your move, confirming they will arrive at the appointed time and date to execute the contracted action. You must select the right mover so that you would not want and wait in wane, and they would not arrive even after collecting some part of the charges that they are expected to receive.

Packing list and inventory
The packers and movers would have to sign the packing list and the inventory while delivering your stuff, and they are obliged to provide the same to your new location; if they fail, you could be in serious trouble. They do not have at least the items on record that have been handed over to them.

Best Hotel Casinos in Arizona

Arizona Hotel Casinos

Casinos in Arizona are the perfect place to have fun with family and friends while playing various games. There are many casinos to choose from, all offering multiple games and a great atmosphere.

Gila River Hotel & Casinos – Wild Horse Pass is the best place to go if you want a full-blown casino experience. This casino offers a lot, including an Ovations Showroom that attracts national acts and a poker room.

You can also enjoy several different restaurants inside the casino. These include Ling & Louie’s, Fatburger, and the popular Chrome nightclub.

Kai Restaurant Located within Sheraton Grand at Wild Horse Pass, this restaurant features a variety of dishes inspired by the Native American culture and cuisines of the Pima and Maricopa tribes. The restaurant’s southwestern decor is accented with warm wood elements and luxurious contemporary finishes, while the plates are adorned with artwork from local tribal tribes.

Talking Stick Resort – Tower Club Level
This 14-floor tower offers luxurious hotel accommodations with a range of great amenities. This resort also boasts a spa, two pools, and a golf course.

The tower’s modern rooms feature flat-screen TVs plus various high-end amenities. Some of these rooms feature balconies overlooking the pool, as well.

Guests can access the resort’s Tower Club Lounge for free with complimentary breakfast, cocktails, and more. This is a great way to start the day and maximize your time at the resort.

Casino Del Sol – Tucson
This casino is a must for vacationers and travelers who love to try their luck at the tables. It offers a variety of slots and table games and even has a bingo hall. If you’re a fan of blackjack, poker, or any other table game, this casino has you covered.

Desert Diamond Hotels & Casinos – The West Valley and Sahuarita locations have everything you’ll need for a night out. With multiple dining options, a luxurious hotel, and various gaming choices, you’ll never run out of things to do here.

Twin Arrows – Built in 2013, this casino offers the latest slot machines and various tables for gaming pleasure. The casino is open seven days a week, so you’ll always have a chance to hit the tables if you feel like splurging.

The casino has a huge poker room, so you can practice your skills before playing for real money. You can also enjoy other games on the floor, such as roulette, craps, and blackjack.

Whether you’re looking for a good meal or a quick bite, the Arizona casinos have you covered. You’ll find various restaurants, from upscale steakhouses to casual spots.

Phoenix is home to many fine restaurants, some of which have been awarded the coveted Michelin star. Some of these restaurants have even been featured on the Food Network.

Drones Have Landed in the Real Estate Industry!

Drones in the Real Estate Industry

Real Estate is the second largest industry for drone use, after aerial photography, which is easy to understand when viewing the compelling aerial photos and videos used by many realtors today. Drones are technically referred to as UAVs, “Unmanned Aerial Vehicles,” or when referring to the drone and ground controller unit, an “Unmanned Aircraft System” (UAS). Today, UAVs are affordable, easy to operate, and highly maneuverable. Though a pilot’s license was once necessary for commercial drone use, the FAA now allows operation with a remote pilot certificate (FAA Section 107 regulations).

How and Why Drones Benefit the Real Estate Industry

Differentiating property listings by offering high-quality aerial photography and video is a hot button for realtors today. Statistics show homes with aerial images sell 68 percent faster than houses marketed using stock photography. Here are nine ways in which real estate agents and brokers are benefiting from drones:

1. Drone photography offers dramatic, captivating images.

Modern drone technology allows real estate professionals to create unique shots quickly GPS-programmed flight paths combined with automatic point-of-interest camera targeting results in professional and appealing views.

2. Drones can shoot engaging virtual tours.

A camera drone can fly throughout a home or office building and travel through each room, creating a detailed virtual tour that stationary photography cannot capture. Today’s video editing software allows agents to create a professional voice-over soundtrack, giving the potential buyer a rich and compelling visual story.

3. Drone photography can show enhanced features of the property.

Aerial photography can capture landscaping shots, outdoor living areas, pools, hot tubs, walking paths, nearby parks, local schools, and other exciting features that potential buyers want to see.

4. Drone photography attracts sellers and will generate new business for the real estate agent.

Using drone photography and videos to market properties is a huge selling point for prospective sellers who want their property presented in the best way possible.

5. Drones provide realtors with a competitive edge.

Real estate listings with drone-produced images and video outperform listings that only offer traditional photos, resulting in increased sales for the agent.

6. Drones are a cost-effective alternative.

Drones are inexpensive to purchase and use. Or realtors can cost-effectively outsource aerial photography to professional drone operators.

7. Drones offer a high-level impact on luxury homes.

Drone photography can highlight a waterfront view, a beautiful garden, expansive grounds, unique swimming pools, or water features. Aerial drone photography can capture the elegance of a high-end property in a way that no other photography method can.

8. Drones offer advantages for commercial real Estate and property development.

Drones are used to plan high-rise apartments and other residential multi-unit projects. They are used to inspect, survey, and market the property to potential buyers and for aerial overviews of the land to be developed and surrounding neighborhoods.

9. Drones aid in the roof and home inspections.

A drone allows inspectors to identify roof and other issues in ways that a ladder never would. Beyond offering a safer inspection solution, they can readily identify lifting shingles, bent flashing, or chimney-related problems.

Current FAA Regulations

All drones weighing more than a half pound (0.55 lbs.) must be registered with the FAA. Registering drones is only $5, but the fine for using an unregistered drone can be $25,000 per UAV. Current FAA guidelines include the following:

No drones may be flown within 5 miles of an airport or terminal.
Written permission is required from each person before drones can fly over or photograph them.
Commercial drones are limited to an altitude of 400 feet.
Drone pilots must remain in sight of the drone they are operating.
All operators must secure a drone/UAV operator’s license from the FAA.

Risk Protection for Realtors

While drone photography has a shallow risk of damage and injury, some risks are involved. Every drone operator should carry commercial drone insurance. Most drone operators should consider both accidental and liability insurance. Many real estate companies require a minimum of a $1 million limit of liability for third-party operators. There are several types of coverages applicable to drones, including:

Drone Liability Insurance
Hull Insurance (damage to the actual drone)
Drone Payload Insurance
Ground Equipment Insurance

Drone liability insurance protects the operator and company from third-party claims or property damage. Some policies may extend their insurance coverage to financial loss protection associated with negligence and invasion of privacy. Every realtor using drones should review their coverages to ensure they are protected when using this growing technology.

Is A Smart Home, For You?: 4 Considerations!

Is A Smart Home, For You?

We hear a lot about so-called smart homes, but, what this means, seems to vary considerably between individuals. Like, most other things, one individual’s necessities/ needs are another one’s wishes and another’s unnecessary features. Some features usually included in these amenities are security features; robotics, central cleaning/ vacuums; heating and ventilation amenities, and other priorities and perceptions. Which one seeks and why is often individual, yet, it makes sense to understand what is available, its potential uses and advantages, and whether they are worth the expense. With that in mind, this article will attempt to briefly consider, examine, review, and discuss four considerations and why they may matter.

1. Your priorities, perceptions, abilities, discipline, and tech-friendly: What features would be nice to have in your house, and which ones do you feel are more important/ needed, essential? How would you use these to your perceived – advantage? How much extra, in terms of costs, would you be willing to pay for these features? Although few studies have been done to see if they add to a house’s resale value, they would probably have very little (if any) return on investment because technology advances constantly, and today’s new things, maybe tomorrow’s old ways. Do you enjoy using technology, are you comfortable with it, and why? Always ask yourself, what is the value, not to others, but to you, personally?

2. Cleaning; robotics; central vacuum: Many seem to enjoy the advantages of using certain intelligent products for cleaning and maintaining their homes/ There is many robotics available, and perhaps, the most popular is one to vacuum for you remotely. Others find they prefer using a central system, so doing so is, as convenient, with minimal labor – pains.

3. Controlling settings: lights, heat, air conditioning: More – advanced technology is becoming popular in controlling specific locations within a house. We often see homeowners using their cell phones to maintain their heating and air conditioning remotely and turn on and off lights throughout the home.

4. Doorbells; cameras; monitoring; alarms: It has become somewhat popular to use Smart Doorbells, including cameras and voice features, and some may even open and close doors remotely. It seems, in – favor, of using these devices to further the characteristics of their alarms and monitoring.

Before purchasing any innovative – feature, ask yourself what it may be worth. What has the most significant value from your perspective?

6 Tips For Moving House During Winter!

You can do it! Move house in Winter

In summer, it cannot be easy to move during winter. The main reason is that hiring in the cold season requires much effort. The first problem is that the cold weather is quite unforgiving. But the good thing is that hiring a mover or getting a truck will be easier and cheaper. This article has tips to help you move to your house during winter without any problem.

1. Prepare your Stuff

First, you should prepare your stuff for the movers you have hired. It would help if you had the snow cleared from the front of your house, including the walkways and driveways. It is better to pour some salt to ensure that these areas are not slippery. After all, you don’t want the movers to drop your expensive stuff and cause huge losses.

2. Get Plenty of Salt

Make sure that you have access to plenty of salt and a shovel. Make sure that you keep your eyes on the road throughout the journey. If you can see a lot of snow on the road ahead, we suggest you step down and clear the role first. You only need to place plenty of salt on the problematic areas. This approach will help you ensure that the road ahead is not slippery.

3. Serve Hot Drinks

Always provide hot drinks. We should drink hot drinks in the cold season to keep ourselves warm. Apart from this, you can also serve some snacks. Hot tea and chocolate can help you boost your energy levels. Once your professional movers arrive at your new house, you can prepare a mail for them after they unpack everything.

4. Use Plastic Containers

As far as packing is concerned, you can use plastic containers, especially in winter. The beauty of plastic boxes is that they are reusable. Plus, they can stand the test of time. They come with a lower price tag when compared to cardboard. Another plus point is that plastic can protect your valuable items against the snow.

5. Check the HVAC System

You also must ensure that your new house is ready for your family. Therefore, you may want to ensure the heating and lighting systems work correctly. In other words, all of the systems should be in working order. If possible, visit your new house at least 24 hours before you arrive.

6. Check the Weather Chart

Sandstorms may happen in winter. Therefore, we suggest that you have a backup plan in place. Consequently, we recommend that you contact your moving agent to find out about their policy. In such circumstances, you may have to postpone your more. So, you should find out if your real estate agent can help you extend your stay for a few more days.

We suggest you consider these steps if you move to your new house in the cold season.

How to Get More Listings in 2023 Using the Real Estate Influencer Strategy

Getting More Real Estate Listings in 2023

If you want to get more listings in 2023, then the real estate influencer strategy might be for you. This entails partnering with other influential entities in your industry and using their expertise to your benefit. For instance, if you sell real estate, you can partner with a content creator to help you attract an audience willing to pay top dollar. In return, you can produce some striking content to give you a leg up on your competitors.

One of the most potent ways to get more listings in 2023 is by leveraging the right social media platforms. The key is creating a unified, comprehensive plan encompassing your target demographic. You’ll want to connect with your clients, engage with other agents, and learn about current trends in the industry. These tactics can make the difference between success and failure and increase your chances of landing your following listing. A great social media platform for aspiring real estate agents is Instagram. This social networking site has a broad audience, and the average time spent on the forum is similar to what you’d spend scrolling through Facebook. Many users follow individuals and groups, making it a perfect networking tool.

LinkedIn is another great platform for real estate professionals. It offers personal and business profiles, allowing you to build a solid network and meet the right people. Using the appropriate social media channels will allow you to share relevant articles and news. Keeping an eye on industry trends will allow you to re-engage with your existing clients and attract new ones. Whether you’re a solo practitioner or a small team, these social networks can give your business the exposure it deserves.

TikTok is an excellent app that lets you show off your listings in a fun, interactive video. The app also enables you to create a custom QR code for easy scanning on your website or other locations. Creating and sharing videos is a great way to engage with your target demographic.

While you should never rely on your social media as your only source of leads, you should consider using them with other marketing strategies. In addition to sharing your listings, you can use them to promote events you’re involved with. Likewise, you can ask your clients for testimonials to include on your site. Another way to monetize your efforts is to develop a rental portfolio. By doing this, you’ll gain a steady stream of revenue that will allow you to invest in other areas of your business. Creating an engaging website is a must if you are to capture leads. You can also share helpful tips and suggestions on LinkedIn. The best thing about this platform is that it allows you to interact with other users and respond to their questions and comments. To truly engage your users, you’ll need to put some effort into optimizing your website for search engines.

AXIOM - The APP created for Real Estate Agents

7 Tips to Help You Choose a Good Builder

Choose a Good Builder

AXIOM - The APP created for Real Estate Agents

If you are going to build your own home, you should be pretty excited. Since this is a huge project, make sure you hire the best builder to get it right. In other words, hiring the best builder is vital if you want to turn your dream into reality. In this guide, we have presented a list of essential factors that will help you choose the best professional to cover your needs. Read on to find out more.

1. Check the Past Projects of your Desired Builder
First of all, you should take a look at the portfolio of the builder. You will find a lot of designs and images on their portfolio. If you take a closer look at their past projects, you will get a pretty good idea of their style and experience.

2. Insurance and Registration
Secondly, we suggest that you look for a builder that is registered with an authority. Similarly, your desired builder must be insured. In case of damage to your property, you will be able to recover compensation from the insurance provider of your builder.

3. Services
Generally, professional builders use a wide range of industry terms. You should be familiar with these terms. Besides, you must understand the contract and the points it talks about, such as power points, light fittings, insulation, and driveway, just to name a few. If you don’t understand something, you should discuss it with your builder. You should sign the contract only after you understand everything.

4. Get References
After you have made a list of some professional Builders, we suggest that you check their references. You should then go to some of their previous clients and discuss their experience working with the builder. If they are happy with the builder, you can go ahead and sign the contract with that builder.

5. Do your homework
If your desired builder has built some homes in your neighborhood, you can visit those homes and ask the homeowners if they were happy with the services they received. This type of honest feedback can help you get a better idea of the skills, experience, and service quality of the builder.

6. Communication
During the interview process, you should ask questions and notice how they answer your questions. If they are not good at communication, we suggest that you look around for a better service provider.

7. Cost
Once you have considered all of the factors described above, we suggest that you talk about the service charges. You should get at least one cost estimate from each provider. After you have received all of the quotes, you can compare them to get the best deal.

Long story short, we suggest that you consider these important factors before hiring a builder to construct your home. Some homeowners make the mistake of hiring a builder without taking their time. We suggest that you don’t make this mistake and take your time to look for the best builder.

Short, Intermediate, And Longer – Term Impacts On Home Sales, When Rates Rise!

The Term Impacts Home Sales, When Rates Rise!

For many economic reasons, while others related to the pandemic-related so-called fatigue, home prices in most areas have increased at or near record amounts. Because of the prolonged period of artificially – created low-interest rates, mortgage rates have been at historic lows. For most home buyers, financing is essential to afford a purchase when a low rate causes cheap money; thus, the ability to afford more home-for-the-buck prices usually rises. It permits qualified buyers to qualify for more money/loans because the monthly mortgage ratio to overall income is artificial – reduced. How long will this trend continue, and will it become the new – normal, or will previous trends/ cycles return? How will pricing affect the immediate, intermediate, and longer – run? These are all factors to consider. With that in mind, this article will attempt to briefly consider, examine, review, and discuss some possibilities to view and understand.

1. Short-term: The Federal Reserve Bank planned to raise rates significantly in 2022. Of course, this was before the potential implications and ramifications of the Omicron variant. Many feel pressure to act quickly to take advantage of today’s low rates before they go up. Three increases will probably translate to at least a 0.75% higher rate. This will translate for most mortgages to hundreds of extra dollars per month. Something to consider, and pay attention to, is that this rate of increased home prices will probably not continue, especially at such a large degree. How longer one expects to keep a specific house is one issue to consider thoroughly and wisely before proceeding.

2. Intermediate – term: Although many believe to know the precise timing of any projected rate hike is uncertain. The Fed has changed and altered its strategies and approaches in the past. What the intermediate term may bring, including potential inflationary pressures, how long the economic conditions are, and unknown factors related to the pandemic, will determine what this phase may bring. In addition, the attitude and perceptions of buyers and their confidence broadly impact this real estate market.

3. Longer-term: In the long run, will things restore what we have seen so often in the past, which is alternating cycles between Sellers, Buyers, and Neutral Markets? The possibilities include a continued considerable escalation, a more – gradual but persistent – one. Some leveling, and will we see at least in certain areas some falling prices for a period?

Since no one has a Crystal Ball, it is wise to fully know and understand the possibilities, implications, and ramifications. Will you learn as much as possible to proceed wisely and well-prepared?

Short, Intermediate, And Longer – Term Impacts On Home Sales

When Rates Rise!

For many economic reasons, while others related to the pandemic-related so-called fatigue, home prices in most areas have increased at or near record amounts. Because of the prolonged period of artificially – created low-interest rates, mortgage rates have been at historic lows. For most home buyers, financing is essential to afford a purchase when a low rate causes cheap money; thus, the ability to afford more home-for-the-buck prices usually rises. It permits qualified buyers to qualify for more money/loans because the monthly mortgage ratio to overall income is artificially – reduced. How long will this trend continue, and will it become the new – normal, or will previous trends/ cycles return? How will pricing affect the immediate, intermediate, and longer – run? These are all factors to consider. With that in mind, this article will attempt to briefly consider, examine, review, and discuss some possibilities to view and understand.

1. Short-term: The Federal Reserve Bank planned to raise rates significantly in 2022. Of course, this was before the potential implications and ramifications of the Omicron variant. Many feel pressure to act quickly to take advantage of today’s low rates before they go up. Three increases will probably translate to at least a 0.75% higher rate. This will translate for most mortgages to hundreds of extra dollars per month. Something to consider, and pay attention to, is that this rate of increased home prices will probably not continue, especially at such a large degree. How longer one expects to keep a specific house is one issue to consider thoroughly and wisely before proceeding.

2. Intermediate – term: Although many believe to know the precise timing of any projected rate hike is uncertain. The Fed has changed and altered its strategies and approaches in the past. What the intermediate term may bring, including potential inflationary pressures, how long the economic conditions are, and unknown factors related to the pandemic, will determine what this phase may bring. In addition, the attitude and perceptions of buyers and their confidence broadly impact this real estate market.

3. Longer-term: In the long run, will things restore what we have seen so often in the past, which is alternating cycles between Sellers, Buyers, and Neutral Markets? The possibilities include a continued considerable escalation, a more – gradual but persistent – one. Some leveling, and will we see at least in certain areas some falling prices for a period?

Since no one has a Crystal Ball, it is wise to fully know and understand the possibilities, implications, and ramifications. Will you learn as much as possible to proceed wisely and well-prepared?