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June 2014 Archives

Arizona legislation allows for commercial spaceflgiht

States and communities often plan and expand to benefit those residing in the area. A commercial development not only seeks to target the needs of the area but those who will travel through or could benefit on the specific location of a business. In some situation, a development could set the foundation for advancement and could even benefit others on a national scale.

More homes flipped in Maricopa County than any other U.S. county

As many Arizona residents are likely aware, house flipping is the act of buying a house or property with the intention of eventually selling it for profit. For many, this can be a potentially lucrative investment. However, it can involve many complicated logistics. Not only does an investor have to be aware of certain market trends, there are also often many legal complexities involved. Successfully navigating such real estate transactions often requires legal expertise.

Fewer homeowners underwater in Phoenix, report says

As was previously covered in this blog, Arizona once had one of the highest number of underwater homeowners in the country. During the worst of the Great Recession, somewhere around 50 percent of homeowners in Phoenix were underwater. The housing market in metro Phoenix was highly unstable, even when the market in many other cities began to improve. Now, thankfully, the Phoenix housing market is starting to look more and more attractive to buyers.

Sales of luxury homes recently spiked in Phoenix

The decision to become a homeowner is usually an exciting one. It is often a big step in a person's life. However, it can also be a source of much stress. People are oftentimes uncertain as to how the process works and the intricacies involved in real estate transactions. With expert guidance, however, much of this stress can be alleviated as legal counsel can help prospective homebuyers identify red flags and ensure that real estate transactions go as smoothly as possible.

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