Media Contacts & Coverage
Media Contacts
Michelle Lind, Esq., Of Counsel, Arizona REALTORS®, MichelleLind@aaronline.com
OR
Abbie Fink, HMA Public Relations, afink@hmapr.com
2023 MEDIA STORIES
Our home purchase contract says we need to arbitrate a dispute. What does that mean?
“We signed the standard Arizona Association of Realtors purchase contract to buy a home in Glendale. We deposited $12,000 earnest money. The seller, however, didn’t disclose that there was a pickleball home next door with loud pickleball tournaments on weekends.”
Retreats Arizona Living 05-07-2023
“The MLS is also where all listings – resale, vacant land multiple dwellings and some new construction – are entered for the communities served,” said Eric Gibbs Sr., 2023 President, Arizona Association of REALTORS.”
AZ BIG Podcast: Eric Gibbs talks residential real estate trends
“The latest episode of the AZ Big Podcast with Michael & Amy has officially dropped. Episode 84 features Eric Gibbs, president of Arizona Association of REALTORS, who talks Arizona real estate trends.”
Sun City West revenue takes a hit amid slowing home sales
“Jan Leighton, past president of the Arizona Association of Realtors, said higher rates aren’t deterring
some buyers who have the money to cover extra costs.”
RV sales are skyrocketing as southern Arizonans struggle to pay for rent or mortgage
“I know my realtor counterparts are staying very positive with this market. This is the opportunity to make sure you have a good conversation with them and allow them to help you navigate this process. Lenders are doing it too. Helping you find the best programs available for you to purchase homes you’re able to get into at this time because this too will pass,” said Eric Gibbs, President of the Arizona Realtors.”
This Arizona program is helping to fund affordable housing options
“Approved by the Arizona Association of Realtors, this program allows property buyers and sellers to voluntarily donate $25 to the Arizona Housing Fund out of their escrow settlement.”
Baby Boomers Replace Millennials as Nation’s Top Home-Buying Generation
“Arizona is also high on the list for home-buying boomers. Eric Gibbs, president of the Arizona Association of Realtors, told The Epoch Times they’re attracting people from all over the nation.”
Scammer poses as property owner trying to sell lot, pocket cash
“A ‘For Sale’ sign was placed in the ground at the vacant lot Madhu Sakthivel owns, only he didn’t agree to it being there. He’s owned the Phoenix lot for about 13 years and plans to build a home there or pass on ownership to his family.”
Get smart about hiring the right agent to sell your home
“We’ve gathered a list of questions to ask the professionals you’re considering hiring for the job of selling your home. All of our experts mentioned asking a prospective agent about their marketing strategies to get your home sold quickly – and for top dollar.”
What to focus on when getting your home ready to sell
“Paint the home in subtle colors that allow buyers to visualize their personal décor,” said Eric Gibbs Sr., 2023 President, Arizona Association of REALTORS”.
Making uncomfortable conversations comfortable through equity, diversity and inclusion
“How does it feel to be the first African American President of the Arizona Association of REALTORS®?” A thoughtful question, right? I was not quite sure how to answer it. One would think that I would reply as expected, using several adjectives like “thrilled” or “honored,” which I am, do not get me wrong. Let me introduce myself as your 2023 president of the Arizona Association of REALTORS®.”
Realtors offer glimpse into Tucson’s housing market
“While the past few years have been red hot for the Tucson real estate market, recent trends and marketing adjustments have yielded a slightly cooler market that is more balanced for both buyers and sellers.”
Governor and lawmakers eye affordable housing amid state’s rapid growth
“Arizona Gov. Katie Hobbs, D, has prioritized increasing affordable housing as the state continues to grow as one of her administration’s goals. For Hobbs, it is critical that non-profit organizations and local communities continue to be involved in efforts to make housing affordable.”
The Arizona REALTORS® Gives Back Statewide Through the “REALTORS® Are Good Neighbors” Initiative.
“The Arizona REALTORS®, the largest trade Association in Arizona representing over 55,000 members, is making a difference statewide through the “REALTORS® are Good Neighbors” initiative. This program from the National Association of REALTORS® (NAR) encourages members of statewide and local associations to join in on the nationwide philanthropic initiative while maximizing the impact of their volunteer time.”
The Phoenix housing bubble spectacularly popped in 2008. Countless signs point towards a similar struggle now. Here’s how bad it really is.
“Sindy Ready, the vice president of the Arizona Association of Realtors, told Insider that lower mortgage rates are giving agents hope for the spring homebuying season — a time when buyers typically flood the real-estate market. ‘Every year right around the fourth or fifth of January, the phones start ringing after everybody’s done with the holidays,’ Ready told Insider. “We weren’t really sure if that was going to be the case this year with interest rates being a little higher, but it was the case. We started seeing more activity in the market in early January.”
Taking a glance at Arizona’s 2023 real estate market
“Inventory is an important piece of the equation, according to Eric Gibbs, the president of the Arizona Association of Realtors. He said that overall, the market is in a better place with around a 3-month supply of homes in the Valley. Gibbs said, “Buyers are in the market. Buyers are moving. The problem buyers have is that they can’t find inventory. There’s not a lot of inventory. If they’re looking for a home under 300K, there may only be a few available to them, and so that’s what’s causing some of the slow down in buyers buying.”
“The issue of homelessness impacts Arizona’s most vulnerable communities including families, the elderly and veterans — this must be addressed with the construction of permanent and affordable housing across the state,” Michelle Lind, counsel for the Arizona Realtors, which donated $2,500 toward the grants, shared in a statement.
“The market is going to get better as we go into 2023. There will still be challenges with inventory, we will still have challenges with interest rates, but we think that as we get past the first quarter, second and third quarter we’re going to see those interest rates come down,” said Eric Gibbs, President of Arizona Realtors.
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2022
The Arizona REALTORS® recognized several members with awards for leadership, professional achievement and philanthropy at the association’s recent conference in Tucson.
“It is an honor to serve as state president for the Arizona REALTORS®,” said Gibbs. “I look forward to advancing the association’s vision and taking our equity, diversity and inclusion initiatives to the next level in the coming year.”
In October 2022, the Arizona REALTORS® held its annual Leadership Conference and installed the 2023 state and regional association officers.
“The risk of raising interest rates, experts say, is that it could cause the U.S. to slip into a recession. ‘All the experts are telling us this is not a bubble, this is not a crisis, and it is still a slow adjustment,’ Sindy Ready, treasurer of the Arizona Association of Realtors said.”
“The new program is in partnership with the Arizona Association of Realtors and the W. P. Carey School of Business at ASU.”
“President of Arizona Realtors Gary Nelson says there is now more inventory on the market. He says within the past month, the average cost of a home in Arizona has gone down from $350,000 in June to about $340,000 in July. The Phoenix Business Journal reports for the Phoenix area specifically, costs are down from about $600,000 in June to $546,000 in July.”
Taking a closer look at Arizona’s shifting real estate markets
Gary Nelson, the 2022 president of the Arizona REALTORS® and the Delegated Associate Broker at Realty Executives of Flagstaff, discusses the real estate market shift in Arizona.
“Since the beginning of the year, we have seen a shift in both home buyer and home seller activity. Many people welcome this and believe that these changes needed to happen. Many were under the impression that the 2020 and 2021 real estate markets nationally, statewide and locally were artificially inflated and were going to adjust. Some even predicted a bubble bursting and market crash. That has not happened.”
“Sindy Ready is treasurer on the board of the Arizona Association of Realtors and has been in Valley real estate for 22 years. ‘We’re definitely not in a bubble we’re not going to crash,’ she said.”
‘This is not a market crash’: Phoenix housing market cooling down to ‘normal,’ experts say
“This is not a market crash,” Arizona Association of Realtor’s treasurer Sindy Ready said. “Prices are staying about the same; they’re adjusting a little bit…mostly on listings that were overpriced.”
“Realtors are actively involved in their communities, trying to help our clients find affordable housing,” Arizona Association of Realtors President Gary Nelson said. “The Arizona Association of Realtors will continue to be at the table – partnering with other groups and entities – to try as hard as we can to create more affordable housing in Arizona.”
“According to the National Association of REALTORS®, 90 percent of home sellers worked with a real estate agent to sell their home in the past year, which makes choosing the right REALTOR® a critical element in the homebuying process.”
“Sindy Ready has sold real estate in the Southeast Valley for 22 years. Her mom was in the business prior to that. She, too, has seen firsthand how a “sleepy farming community” has grown to an industry hub.”
“There’s still buyers in the market, but the buyer pool has shrunk somewhat due to the interest rate,” said Eric Gibbs, the president-elect of Arizona Association of Realtors.”
Median Home price in Phoenix now $474,500
“The Arizona Realtors, which represents more than 57,000 real estate professionals in the state, endorsed candidates who the organization believes will advance issues of interest to the real estate community, homebuyers, sellers, and property owners.”
AZ Association of Realtors addresses concern over ‘racist’ community rules
Eric Gibbs, the incoming president of the association and a broker at the Realty One Group Integrity in Tucson, said amending such documents would be very unlikely.
“I have talked to other realtors across the state that have also had this similar issue where the buyer sees these in there and wants them removed. The unfortunate part is it’s very difficult to get those removed,” he said. “Here’s the case with 1946, that’s not going to get changed because it’s already recorded, and you can’t go back and find every document that has it in there.”
Tempe’s tech boom fuels skyrocketing home values
Sindy Ready, 2022 treasurer for the Arizona Realtors Association, is an ASU grad and spent several years in Tempe. Now, she works to sell homes in the bustling city and has seen it evolve over the years.
“For us in Arizona, the southeast Valley is a mini Silicon Valley,” she said. “For years, that really meant mostly Intel with three plants, and that’s down in the Chandler area but it all kind of filtered back into the Tempe area. So now what’s happening is Tempe is starting to get its own global reputation for being an area that is a really good opportunity for companies to get young workforce members.”
State needs rules for exempt water wells
“Many other states license both well drillers and pump installers for a more complete management of what is possibly a state’s most precious resource, groundwater. It’s a shame that a trade association had to take matters into their own hands to get essential information about the equipped water well and how it performs. Perhaps it’s time for the state of Arizona to step up and do as other states have done, get involved in the sale and transfer of real estate served by water wells. Private water well owners deserve to have the same level of assurance of their future water supply as citizens who live in big subdivisions.”
Mortgage rates are rising, but the hot housing market is slow to cool
Gary Nelson is starting to see signs that the red-hot housing market is cooling off in Flagstaff, Ariz., like more buyers bowing out and houses taking a bit longer to sell.
The president of Arizona Realtors said the “double whammy” of soaring home prices and rising mortgage rates is a welcome shift after two years of fierce bidding wars and monster growth.
“We’re going to welcome a kind of plateau in activity,” Nelson said. “Perhaps things will slow a little bit. I’m hopeful that’s what we’re seeing.”
AZ Association of REALTORS Names New CEO
As chief executive officer, Drucker will oversee Association operations and play an active role in advancing the growth and mission of the Arizona REALTORS® by implementing the Association’s strategic plans and initiatives across Arizona.
Tempe realtors keep it in the family
Laurie and Chelsea McDonnell are about as close as two people can be.
Not only are they mother and daughter, but they often finish each other’s sentences and, until just a few months ago, they lived a few blocks from one another. They also happen to own a business together.
The McDonnells started Locality Real Estate in October. The real estate brokerage now counts 43 realtors on its roster and boasts listings across the Valley, with a speciality in the Tempe area. They also do some work in northern Arizona and hope to expand their reach across the whole state eventually.
As Metro Phoenix Home Prices Rise, so Does the Number of People Forced to Rent
“It’s really a concern that we all have to be aware of because there’s not enough houses for the number of people that are wanting to live here,” Ready said. “For the first time in the history of our market, we’re seeing very low inventory on rental listings, just like we’re seeing low inventory on purchasing.”
Cost of owning a home in metro Phoenix up nearly 50% from last year, report finds
“We have so many businesses moving into the Valley right now that our market is being driven by supply and demand,” Sindy Ready, a board member with the Arizona Association of Realtors, told KTAR News 92.3 FM’s Arizona’s Morning News on Friday. “There are more buyers than there are houses.”
Housing Market Expected to Remain Strong for Years
Arizona’s real estate market remains “ridiculously hot,” says Arizona Association of Realtors President Gary Nelson. “We are seeing tremendous increases in home values in the last two years, increasing about 25% year over year in localized markets and about a 12% to 13% per-year increase in median home prices.”
Maricopa County leads nation in population growth; Pinal, Yavapai surge
Sindy Ready, state treasurer for the Arizona Association of Realtors, said she is not surprised by the population increase, given the “beautiful weather” and climate great for people who like the outdoors.
Ready said that while population growth is a good thing in her business, newcomers are finding there are not enough available houses or rental properties for the number of people moving in.
“Just the battle of being able to get into a property right now, because there’s so many people wanting to be here,” Ready said.
Zonie Living: Business, Adventure and Leadership
Watch Arizona REALTORS® President Gary Nelson talks about the lack of inventory, what is driving the real estate market as well as what local communities are doing to find housing solutions.
Arizona REALTORS®Treasurer Sindy Ready offers her thoughts on the housing market
Arizona REALTORS® President-Elect Eric Gibbs offers his thoughts on the housing market
Arizona REALTORS® President Gary Nelson Makes AZ Powerlist
The Arizona Capitol Times this month is profiling 12 leaders in Real Estate. This special section marks the first in our 2022 series that looks at some of the state’s most influential professionals in its leading industries. The 12 individuals profiled in the following pages represent a wide variety of firms, organizations and institutions and are united by a commitment to excellence. As you read through their profiles, take note of the variety of expertise represented, whether it is through developing landmark properties or advocating on behalf of the industry or causes, their hard work is evident in Arizona. Stay tuned for our next Power 12 list in May that focuses on unsung heroes in public service.
Real estate predictions for 2022 from Arizona Realtors
Most economists agree that there will be at least another three to five years of growth in real estate across the United States. And although the year will end strong, inventory remains in short supply throughout the country. There are a variety of factors impacting that, but key among them is the increased number of people entering the housing market.
According to Gary Nelson of Realty Executives in Flagstaff and the Arizona REALTORS 2022 president, although builders are responding to the demand and putting more product in the market, “the U.S. failed to adequately prepare for the Millennial generation entering the housing market and we are dreadfully low on inventory as a result.”
“Here in Arizona, as people move in and out of the area and we see more and more of the Baby Boomer generation retiring, our hope is that primary homes, investment properties and vacation homes will slowly enter the market.”
Added to the mix are the influx of “instant buyers” or iBuyers, purchasing residential properties directly from private sellers, bypassing the professional REALTOR, and often paying cash at a higher price than market value.
Based in Tucson, Eric Gibbs, Sr, Arizona REALTORS 2022 president-elect, says these iBuyers will remain a threat in the coming year. “iBuyers may drive up the prices in certain communities, making it difficult for some buyers to qualify for a loan.”
Determining where the real estate market is going from here can be difficult. And some assumptions should be made, including that there is no unforeseen economic disaster in the next several years.
“The U.S. real estate market survived 9-11 and continues to weather the COVID-19 impacts,” said Nelson. “The only negative effect we have seen in real estate markets in the past 30 or so years is the Great Recession which lasted from 2007 through 2011.”
2022 President Gary Nelson
How a REALTOR® Can Help You Find the
Right Home for your Family
Raising-Arizona-Kids-Clip-–-Gary-Nelson2021
Coconino Voices: Prioritizing diversity, equity and inclusion in real estate
Arizona Daily Sun– December 16, 2021
BY GARY NELSON, Arizona REALTORS® President
As Realtors, it is our duty to assist clients in making one of the biggest financial decisions of their lives: buying and selling a home. Our profession is built on connections, relationships and most importantly, people. With the important work we do reaching every region and individual in our communities, we must take the necessary steps to recognize the importance of inclusivity in our communities.
Prioritizing diversity, equity, and inclusion in real estate
AZBIGMEDIA – December 3, 2021
BY GARY NELSON, Arizona REALTORS® President
As REALTORS, it is our duty to assist clients in making one of the biggest financial decisions of their lives: buying and selling a home. Our profession is built on connections, relationships and most importantly, people. With the important work we do reaching every region and individual in our communities, we must take the necessary steps to recognize the importance of inclusivity in our communities.
As REALTORS, there is nothing we do better than leading the way and helping dreams come true. Why not lead the way in cultivating a diverse membership as well, one that reflects the world we live in today? This starts by promoting our profession to future REALTORS as not just a first-time profession, but one that they know they can be a part of regardless of their race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. As REALTORS, there is nothing we do better than leading the way and helping dreams come true. Why not lead the way in cultivating a diverse membership as well, one that reflects the world we live in today? This starts by promoting our profession to future REALTORS as not just a first-time profession, but one that they know they can be a part of regardless of their race, color, religion, sex, handicap, familial status, national origin, sexual orientation, or gender identity. <MORE>
Gilbert couple get home with ‘love letter’
Gilbert Sun News – October 9, 2021
Nadia and Ernest Saco of Gilbert already had been searching for a new home before the pandemic hit, but after that, their quest became more urgent.
“I was working from home all of a sudden,” said Ernest Saco, a senior product manager for a software company and a father of three. “And we have all five of us just on top of each other in this 1,500-square-foot house. I’m working out of our bedroom. And our kids are home because school’s out, but they’re also home because all the places they would normally go to for fun are closed.”
But as the Sacos’ search intensified, they found themselves competing for a shrinking pool of available homes. From April to July 2020, active listings in metro Phoenix declined by 42 percent, according to data from Realtor.com.
So, to stand out among the bidders, the Sacos turned to a tactic that’s become increasingly common – and increasingly scrutinized – in the homebuying process: the love letter.
Desperate Arizona Homebuyers Are Writing ‘Love Letters’ To Sellers. But Is That Legal?
KJZZ – September 21, 2021
“A buyer may write in a love letter, ‘I can imagine my children coming down the stairs at this home on Christmas morning.’ You’ve just disclosed to the seller, your familial status and your religious preference,” said Michelle Lind, CEO of the Arizona Association of Realtors.
Lind says so far she’s not aware that anyone in Arizona has faced repercussions because of these letters.
“None of the attorneys that I have talked to are aware of any claims arising out of love letters,” she said.
Housing market cooldown on the horizon for Arizona?
ABC 15 – September 10, 2021
National housing experts say as temperatures cool down this fall, the recent home-buying frenzy could be slowing down as well, but will the same happen here in Arizona?
“We’re seeing a little more inventory creep on market, which means people are having to get a little more realistic about their pricing,” said Jan Leighton, President of the Arizona Association of Realtors.
Can ‘love letters’ from home buyers perpetuate racism? This state thinks so
USA TODAY – August 20. 2021
The Arizona Association of Realtors says listing agents should educate sellers about fair housing laws and the pitfalls of love letters, according to its CEO, K. Michelle Lind.
Real estate continues to boom in Rim Country
Payson Roundup – August 13, 2021
“There’s not a lot of people talking about the inventory shortfall,” said Gary Nelson, the 2021 president-elect of the Arizona Realtors. “We have more people wanting to buy than inventory available.”
Are Californians are ruining the market in Arizona?
KVOA Tucson
Arizona REALTORS® First Vice President Eric Gibbs shares his opinion.
Switching Lanes
Airpark News – July 2021
Former music publisher Louis McCall finds the perfect pitch in real estate.
Californian destination states see home prices skyrocket
KPVI – July 7, 2021
A popular gripe about Californians moving into nearby states is they bring their politics with them. The newest complaint could be they’re bringing high home prices as well.
Phoenix Business Journal – The List
phoenix_W_20210618_si-ASSOCGlendale median house price up 40% in 2 years
Daily Independent – June 20, 2021
Whether Valley residents will first see relief from soaring home prices or relief from extreme weather is a hot summer topic right now.
Arizona housing market sparks bidding wars for homebuyers
KTAR 92.3 – June 8, 2021
Gary Nelson, a realtor in Flagstaff, is seeing something similar. He said homes in his area are selling for about 5% over asking price.
Nelson, who’s also the president-elect of the Arizona Association of Realtors, said nowadays it’s rare for a home to sell for the price it’s listed.
“We’re seeing that pretty much throughout the state, except for possibly the rural remote areas,” he said.
As for who’s making the big offers, Nelson said it’s mostly buyers from Arizona. He said about half of the buyers he works with are Valley residents looking to buy a vacation home in Flagstaff.
“But we do have some people from California and other states as well,” he said.
Are single-agent home sales risky? Study finds buyers, sellers harmed without own agents
ABC 15 – May 31, 2021
“I have read the Consumer Federation of America Report, but have not had the opportunity to evaluate the methodology used to create the report or its accuracy,” said Michelle Lind, CEO of Arizona REALTORS®. However, I can comment on limited representation (dual agency) in Arizona.”
“Clearly defining agency relationships in a real estate transaction is important for both the clients and the brokers. Clients deserve to know who is representing them and acting in their best interests. Brokers must be clear about who they represent in a transaction to determine what duties are owed to which party. Therefore, the Arizona REALTORS® has the widely used Real Estate Agency Disclosure and Election Form to address the different agency relationships.”
CRE: What’s the Big Picture?
In Business Magazine – May 2021
Addressing the office sector as distinct from the industrial, retail and multifamily sectors, Rick Padelford, an Arizona REALTOR® with Realty Executive Commercial, says, “As offices begins to open back up and vaccines continue to be more widely distributed, the office sector will need to consider how to clean and disinfect common area spaces and the evolution of air circulation throughout office spaces.” He adds, “This is also something that we could see transferring to the retail sector,” noting that COVID-19 created some common concerns among the sectors.
Seller’s market in Phoenix real estate is brutal for local buyers
3TV/CBS 5 – April 24, 2021
Jan Leighton, the president of the Arizona Association of Realtors, says in a normal market, there would be 20,000 to 25,000 active properties for sale in the Valley, specifically single-family detached homes. As of Friday afternoon, that number was below 4,000.
Housing starts surge to 15-year high
AZ Big Media – April 18, 2021
According to the Arizona Association of Realtors, between March 2020 and March 2021, the number of active listings statewide fell 53 percent, while sales rose by just over 10 percent. The sharp decline in listings meant just over one month’s worth of inventory at current sales levels, or falling nearly 55 percent, and prompting sales prices to rise by nearly 12 percent.
Seller Property Disclosure Statement
Arizona Republic – April 8. 2021
Are you getting ready to sell your current home so you can purchase a new home? Here’s something you need to understand: the residential Seller Property Disclosure Statement, knowns as the SPDS.
What to Expect in the Greater Phoenix Commercial Real Estate Industry in 2021
InBusiness Magazine – March 2021
The buzzword for 2020 across all industries, including commercial real estate, was “pivot.” Fortunately, the fundamentals of the Phoenix-area commercial real estate market were strong before the onset of the COVID-19 pandemic, so we were prepared to weather the storm better than other markets across the U.S.
Spotlight: Gary Nelson, Arizona Association of REALTORS®
Arizona Daily Sun – February 14, 2021
Just to start, tell us a bit about yourself. What drew you to a career in real estate?
I’m a lifelong resident of Flagstaff and in 1994, my wife Tammy and I were deciding whether we were going to stay in the Flagstaff area and start a family or relocate. After touring a large part of the western U.S., we decided to stay in Flagstaff. That meant I needed to look for a career change that would allow me to be rewarded for my own work ethic and also give me a schedule so that I could continue to enjoy what northern Arizona has to offer. That is when I became a Realtor.
What does your upcoming role as president of Arizona Association of REALTORS® encompass?
The Arizona REALTORS® focuses on four main subjects for its 54,000 members: professional development, ethics and arbitration, legislative concerns and business services. The Arizona Realtors are very proactive on improving new and existing programs and technologies for our members that ultimately benefit the consumer. Currently, we are trying to work with our state legislature to try to balance laws effecting both landlords and tenants related to the COVID-19 pandemic. We also are very involved with fair housing, private property rights and housing opportunity on behalf of our clients and customers. I have been deeply involved with each of those aspects as a volunteer for the Association for many years. My role as president will be to continue to serve our members by chairing meetings, working with our phenomenal staff on a daily basis, speaking on behalf of the Association and trying to improve communication to the membership.
Bill provides protection against frivolous COVID-19 lawsuits
AZ Big Media
A bill that provides protection for businesses and others against frivolous COVID-19 lawsuits was introduced by Arizona Senator Vince Leach (R-SaddleBrooke) on Monday.
“What we’re trying to do is give targeted protection with some reasonable liability protection for businesses, educational providers, the healthcare industry, government agencies, religious institutions…,” Leach said. “We’re trying to give everyone the assurance that if they’re following sensible precautions against this terrible threat, this virus that we have, that they won’t see an onslaught of nuisance lawsuits.”
Arizona Association of REALTORS offers 2021 predictions for seller’s market
Newsbreak
At the close of 2020, the Arizona real estate market continued to remain strong. Historically low mortgage rates kept buyers buying, meaning Arizona’s housing inventory was unable to keep up with demand. Representatives from the 2021 board of the Arizona Association of REALTORS share their predictions for 2021 as the seller’s market continues to flourish throughout the state of Arizona.
Real Estate Market Maintaining Momentum in the New Year
Flagstaff Business News – Jauary 7, 2021
Staying strong since last June, the housing market on the local, state and national level has risen to a 14-year high, despite the pandemic, economic uncertainty and a difficult presidential election. Even during historically slow periods, like the holiday season, homebuyers are quickly purchasing the few homes listed for sale.
The shortage of housing inventory and extremely low interest rates have driven the hyperactive real estate market, says long-time realtor Gary Nelson, who heads the Gary Nelson Group and is the associate broker at Realty Executives of Flagstaff. That trend, he says, is expected to continue through 2021.
2020
Arizona realtors see steady demand as state grows population
Arizona Public Media, December 11, 2020
Arizona realtors see steady demand as state grows population. Eric Gibbs of the Arizona Association of Realtors discusses current trends.
After a chaotic year, Arizona Realtors president’s term ends on a high note
Today’s News-Herald, December 5, 2020
Lake Havasu City Real Estate Agent Mary Robert’s term as President of the Arizona Association of Realtors took an unexpected turn just a few months in.
The real estate industry has remained strong statewide throughout 2020. But like everyone else, the pandemic has forced Roberts and the association to adjust its operations to conform to a new reality.
“It has been good for real estate – I can tell you it hasn’t hit the real estate business at all,” Roberts said. “But as far as leadership and running an organization of 55,000 members – it has been a lot of Zoom meetings. We have been kind of having to move outside the box in how you are going to reach out to people and help people through this. People are used to seeing each other, so you need to figure out what you need to do to reach out and help those members virtually.”
Arizona REALTORS® Donates $25,000 to The Arizona Housing Funds
inBusiness, AZ Health & Living & My Local News, December 5, 2020
The Arizona Association of REALTORS® recently approved a donation of $25,000 to the Arizona Housing Fund (AZHF) on behalf of the 2020 REALTORS® of Arizona Political Action Committee (RAPAC) Major Investors.
The Arizona Housing Fund is a dedicated and sustainable funding source for nonprofit agencies that build and operate permanent supportive, low-income, and working poor housing units. This donation will ensure that more housing units are constructed, meeting the growing community needs in Arizona with the goal of reducing homelessness.
Arizona REALTORS Support National Association of REALTORS® Action to Curb Hate Speech
Health and Living Magazine, My Local News & Newsbreak, December 3, 2020
The National Association of REALTORS® (NAR) Board of Directors has voted to approve a series of recommendations from NAR’S Professional Standards Committee that extends Article 10 of the Code of Ethics to include discriminatory speech and conduct beyond a member’s real estate practice.
“Our members statewide have long adhered and made the commitment to uphold the principles of fair housing as well as NAR’s Code of Ethics and Standards of Practice,” says Arizona REALTORS® CEO Michelle Lind. “As new standards and revisions are introduced, we will continue to abide by those strict ethical mandates.”
Peoria’s Jan Leighton named Arizona REALTORS president
Peoria Times, November 14, 2020
Jan Leighton of JD Campbell Realty in Peoria is the Arizona REALTORS 2021 president.
“We are extremely proud to have Jan lead our executive team in 2021,” Arizona REALTORS CEO Michelle Lind said. “With Jan’s leadership, I am confident our association will continue to build on our previous successes and continue being the voice of the Arizona real estate industry.”
Arizona REALTORS includes more than 50,000 professionals from all areas of real estate, including residential, commercial, property management, land and appraisal.
People in Action – Eric Gibbs, VP Arizona REALTORS®
Inside Tucson Business, November 6, 2020
Local real estate professional Eric Gibbs has been announced as the vice president of Arizona Association of REALTORS at their 2021 executive committee, which honored members for professional accomplishments and leadership excellence during a recent virtual conference. In the 13 years Gibbs has spent as an active broker, he has earned a reputation as a leader in the Tucson real estate industry who gives back to the industry he loves by serving the real estate community through numerous committees and leadership roles. Before real estate piqued Gibbs’ interest, he served 15 years in the U.S. Navy.
Arizona REALTORS® Announce 2021 Executive Committee at Annual Leadership Conference
The Arizona 100 (November 4, 2020)
At its annual Leadership Conference held virtually, Arizona REALTORS® installed its 2021 state and regional association officers.
Jan Leighton of JD Campbell Realty, Inc. in Peoria will begin her term as the Arizona REALTORS® 2021 President. She will serve with 2021 President-elect Gary Nelson of Realty Executives in Flagstaff, 2021 First Vice President Eric Gibbs of Realty One Group – Integrity in Tucson and Treasurer Shelley Ostrowski of Reality One Group – Gateway in Yuma.
Jeff Fields Wins National Award for Preventing Teen Suicide
On Oct. 6, The National Association of Realtors announced Jeff Fields, with Russ Lyon Sotheby’s International Realty in Scottsdale, as one of its five 2020 Good Neighbor Award winners. As a volunteer and past board president of nonprofit Teen Lifeline, Fields has served more than 28,000 youth through a peer-to-peer teen crisis hotline while providing community education on suicide prevention.
West Valley Real Producers Feature Jan Leighton
Jan Leighton doesn’t back down fro ma challenge whether teaching seventh- and eighth-graders in the inner-city of Pittsburgh or bar-tending in Venice Beach where she became the first female General Manager for Grand American Fare Restaurant and Bar Corp. “I was told their bars were too rough for women,” scoffed Leighton. Now with over 24 years in the Real Estate industry in Arizona’s West Valley, Jan Leighton is poised to begin her term as President of the Arizona REALTORS® in 2021.
Lind: Implementation of tenant/landlord assistance programs is critical
As tenants struggle to make ends meet, landlords were mandated by an executive order to adjust their rent collections schedules, allowing tenants upwards of eight months abeyance on payments. While this order provided needed relief to the tenants, it created additional hardship for the landlords, whose own financial stability often relies on the income generated from these rental properties. And although no rent was collected, the landlords were still expected to meet their financial obligations.
Eviction Moratoriums don’t solve the problem, they simply shift the problem to someone else
Chamber Business News (August 17, 2020)
At the request of the Arizona Multihousing Association and the Arizona Association of REALTORS®, Elliott D. Pollack & Company analyzed the potential impact of eviction moratoria on the Arizona rental housing industry. The results clearly indicate that eviction moratoria and the non-payment of rent could have devastating consequences on the rental housing industry and the real estate industry as a whole.
Landlord group says lawsuit over eviction moratorium is a “last step”
Arizona Mirror (August 17, 2020)
For the past four months, trade groups representing landlords and property owners have attempted to get additional state funds released for tenants and landlords but those monies have been slow to release.
Now those same groups are suing to overturn the eviction moratorium imposed by Gov. Doug Ducey, which created a situation they deem “unsustainable.” However, tenant advocates say that landlords have already been evicting tenants and are able to receive money from evicted tenants.
Arizona REALTORS® Supports the Fight Against Homelessness
There are approximately 10,000 homeless Arizonans who are living in either emergency shelters, transitional shelters or living unsheltered, in need of permanent housing. Existing Permanent Supportive Housing is always full with a waitlist as long as six months.
Arizona REALTORS elects 2021 line officers
Arizona REALTORS® has officially elected its executive committee line officers for the 2021 year. The leadership team is comprised of several returning line officers with decades of industry experience including President Jan Leighton, President-Elect Gary Nelson and First Vice President Eric Gibbs. Next year, Yuma real estate pro Shelley Ostrowski will join the executive committee as treasurer.
How to get back deposit money if coronavirus canceled your conference or wedding
Kirti Dwivedi and Bobby Borszich had just put down a deposit for what they envisioned would be a 60-person, Hindu-themed wedding ceremony and reception on May 2 at the Fairmont Scottsdale Princess, but it quickly became apparent the coronavirus outbreak and business-lockdown efforts were going to derail their plans.
Michelle Lind, CEO of the Arizona Association of Realtors, had a similar outcome when her group needed to cancel its annual conference and governance meeting, originally scheduled for late March, at a large Glendale hotel.
Self-care and financial advice from 3 real estate heavyweights
Chicago Agent Magazine (May 15, 2020)
Agents and brokers in markets across the country are dealing with their share of anxiety over the economic turmoil wrought by the COVID-19 pandemic. This year’s National Association of Realtors’ midyear legislative meetings – held virtually – featured a series of sessions designed to help members take care of themselves, professionally and personally.
Local specialty T-shirt sale seeks to raise funds for Arizona Housing Fund
Independent Newsmedia (May 12, 2020)
The Russ Lyon Charitable Foundation, a subsidiary of Russ Lyon Sotheby’s International Realty, is partnering with the Arizona Association of REALTORS to raise money for the Arizona Housing Fund.
Residential real estate industry adjusts to impact of pandemic
AZ BIG MEDIA (May 3, 2020)
The pandemic has many wondering if it’s the right time to buy or sell a home, but those entering the market have found just what they’re looking for.
Even with stay-at-home orders in place, there are still plenty of people listing and buying homes at a steady pace.
Taking action against the affordable housing crisis
AZ Big Media (April 27, 2020)
A minimum wage employee must work 54 hours a week to afford a one-bedroom apartment in Maricopa County.
Arizona Housing Fund hopes to move people from the streets into homes
Cronkite News (April 13, 2020)
Fears of winding up on the streets are on the rise as more Arizonans lose their jobs due to the COVID-19 outbreak, but a fund has been set up to help local nonprofits build housing with access to onsite support services for low-income people.
Flagstaff home prices rise in March as home listings drop amid coronavirus
AZ Daily Sun (April 10, 2020)
Gary Nelson, vice president of the Arizona Association of Realtors and a realtor with Flagstaff Realty Executives, said Flagstaff isn’t the only area that has seen its supply drop.
Watch Out For The “Corona Clause” Being Added To Real Estate Contracts
Forbes (March 30, 2020)
Even though most existing real estate contracts already contain a ‘force majeure’ clause, state real estate associations are adding ones that relate specifically to coronavirus since this is such an unusual case.
Coronavirus Tips – How To Protect Your Home And Yourself During A Real Estate Transaction
Signals AZ (March 26, 2020)
As we all wade through the uncharted waters that the arrival of Covid-19 has thrust us into, those of us who work in residential real estate are scrambling to find ways to continue to conduct business, safely and sanely.
Arizona REALTORS® President discusses COVID-19 impact on real estate market
(KPHO CBS 5)
Are you buying or selling a home? Coronavirus concerns are impacting the real estate business, according to an industry expert. (CBS 5)
The Newsflash: Our life here in Estrella
Estrella.com
Read about what our community is talking about—from Estrella news and events to home design and entertaining tips.
Despite slight uptick, millennials still face homeownership challenges
West Valley View (February 12, 2019)
With more than $58,000 in student loan debt from Northern Arizona University and a full-time job barely getting her from paycheck to paycheck, Kaitlin Kump never thought she would be able to buy a home in her 20s.
Photographers find the ‘perfect shot’ in Arizona housing market
AZFamily 3 On Your Side (January 21, 2020)
The Arizona housing market is hot. But sellers still must make their listings stand out to get top dollar on a sale and this all begins with pics of your house.
Ask the Expert
New Home Central (January 17, 2020)
A continuing series from New Home Central. This column features all you’d ever want to know about Earnest Money.
Despite slight uptick, millennials still face homeownership challenges
Cronkite News (January 8, 2020)
With more than $58,000 in student loan debt from Northern Arizona University and a full-time job that barely got her from paycheck to paycheck, Kaitlin Kump never thought she would be able to buy a home in her 20s.
2019
Prescott Realtors Donate To Community Efforts Chino Valley ENews (December 21, 2019)
More Arizona women real estate leaders than ever Arizona Republic (December 23, 2019)
Public private partnerships working to address Arizona’s affordable housing crisis The Center Square (November 15, 2019)
AzBusiness Leaders 2019 AZ BIG Media (November 2019)
Arizona Realtors recognizes Flag local Lisa Paffrath Arizona Daily Sun (November 2, 2019)
Havasu agent named president of Arizona Realtors Today’s News-Herald (October 29, 2019)
Josh Altman, star of Million Dollar Listing – Los Angeles, to Speak at Arizona Association of Mortgage Professionals Luncheon AZCENTRAL (October 2019)
Rule change boosts Arizona Realtors’ confidence in millennials buying homes Phoenix Business Journal (October 23, 2019)
Here’s why the West Valley is booming AZ Big Media (October 15, 2019)
Homebuilding increases to highest level in over a decade Chamber Business News (October 4, 2019)
For $25, Arizona home buyers can help solve the state’s affordable housing problem Arizona Republic (September 3, 2019)
Arizona is ground zero for iBuyers, but seller beware ABC 15 (August 13, 2019)
What Amazon’s new real estate partnership means for Arizona Realtors Phoenix Business Journal (July 26, 2019)
Make-A-Wish granter named Ariz. volunteer of year Yuma Sun (May 5, 2019)
Understanding pool barrier laws AZ BIG Media (April 24, 2019)
Condo, townhome, villa or loft? Arizona Republic (April 6, 2019)
REALTORS® Raise Funds for Nebraska Flood Victims Realtor Magazine (April 5, 2019)
Arizona senator pushes association health plans as plus for small business KTAR (April 4 2019)
Should I have my home inspected for termites? Arizona Daily Sun (March 31, 2019)
Arizona senator pushes association health plans as plus for small business – KTAR (April 4, 2019)
License required to repair doors? Regs spark heated debate in Arizona – FOX News (April 4, 2019)
What is digital transaction management? – New Home Central (March 1, 2019)
Women, Hispanics, and millennials shaping the housing industry – Chamber Business News (Feb. 19, 2019)
Voters on Prop 126: Don’t tax services – Arizona Capitol Times (Jan. 28, 2019)
2018
This is how the future of Arizona real estate will unfold – Scottsdale Independent (Dec. 27, 2018)
Brokers’ Tips for Lasting in Real Estate – REALTOR® Magazine (Dec. 14, 2018)
How tech and transportation will change real estate – AZ Big Media (Dec. 13, 2018)
Here’s the CRE outlook for 2019 – AZ Big Media (Dec. 5, 2018)
Voters approve Prop 126, banning taxes on services – Phoenix Business Journal (Nov. 7, 2018)
September home prices inch up in metro Phoenix… – Phoenix Business Journal (Nov. 6, 2018)
Arizona REALTORS appoints new leaders, recognizes leadership – Scottsdale Independent (Nov. 5, 2018)
Ready to buy a new home but need to sell your current home first? – The Arizona Republic (Oct. 5, 2018)
Prop. 126 helps Arizona’s economy – Tucson.com (Sept. 26, 2018)
Arizona initiative could ensure service taxes won’t be added – KYMA News 11 (Sept. 25, 2018)
Affordability Becoming Bigger Issue in Metro Phoenix – Phoenix Business Journal (Sep. 14, 2018)
Arizona housing market is booming featuring Lori Doerfler – Chamber Business News (Aug. 18, 2018)
REALTORS® Hope to Block Future Tax on Services – Payson Roundup (July 14, 2018)
Phoenix, Buckeye among biggest, fastest-growing cities in U.S. in 2017 – Cronkite News (May 28, 2018)
New Ways To Buy, Sell Homes Raise Questions About Role Of Real Estate Agents – KJZZ (May 7, 2018)
Are homeowners spying on potential buyers? It’s a growing trend in real estate – 12NEWS (May 1, 2018)
REALTORS® Role In Promoting Fair Housing, 50 Years Later – KJZZ (Apr. 30, 2018)
Cybersecurity and real estate transactions – Arizona Daily Sun (Apr. 30, 2018)
Real estate marketplace expanding into Phoenix featuring Lori Doerfler – ABC15 | KNXV (Feb. 22, 2018)
New Arizona Bill Would Make it Harder for Homeowners to Sue for Repairs – FOX 10 | KSAZ (Feb. 21, 2018)
How is College Debt Affecting Home Buying? featuring D. Patrick Lewis – ABC15 | KNXV (Feb. 1, 2018)
Don’t Forget Contract Basics featuring Michelle Lind – Real Estate Agent Magazine (Jan. 2018)
Digital Transaction Management Systems featuring D. Patrick Lewis – azcentral.com (Jan. 5, 2018)
2017
Southeast Valley Realtors recognized for global business alliance – Arizona Business Daily (Dec. 12, 2017)
Condo, House or Townhouse: Which Is Best for You? featuring Lori Doerfler – MagnifyMoney (Dec. 11, 2017)
Prayer Garden Coming to Abide Maternity Home thanks to SVVAR – Camp Verde Bugle (Nov. 28, 2017)
Local Realtor spurs national Totes For Hope campaign – Arizona Daily Sun (Nov. 23, 2017)
Defend Your Commission to Scrappy Sellers featuring Paula Monthofer – REALTOR® Magazine (Nov. 2017)
Fuchs honored by Arizona REALTORS® – Mohave Valley Daily News (Oct. 29, 2017)
Havasu REALTOR® becomes new leader of state group – Today’s News-Herald (Oct. 18, 2017)
Scottsdale REALTOR® receives appointment at annual conference – Scottsdale Independent (Oct. 18, 2017)
Statewide Realtors make rally ride through Show Low – White Mountain Independent (Oct. 13, 2017)
HomeSmart CEO Pilots Irma Rescue Mission – RISMedia (Oct. 11, 2017)
Top 8 Things not to Overlook When Buying featuring Paula Monthofer – AZBigMedia.com (Oct. 10, 2017)
Choosing the Right Real Estate Professional featuring Lori Doerfler – NewHomecentral.com (Oct. 6, 2017)
Don’t Let Neighbors Downgrade Your Listing – REALTOR® Magazine (Oct. 2017)
Millennial Home Buyers Shy Away from Ahwatukee Prices – Ahwatukee Foothills News (Sept. 26, 2017)
Sales pace picks up at top-selling community in Arizona – East Valley Tribune (Sept. 11, 2017)
Open House Safety Tips featuring D. Patrick Lewis – 3TV | KTVK (Sept. 3, 2017)
Selling Your Home Safely featuring D. Patrick Lewis – CBS 5 | KPHO (Sept. 3, 2017)
Home Selling Safety Tips featuring D. Patrick Lewis – ABC15 | KNXV (Sept. 2, 2017)
Don’t Forget Contract Basics featuring Michelle Lind, Esq. – Real Estate Agent Magazine (Sept. 2017)
Personal finance company finds Phoenix affordable city for renting – Arizona Business Daily (Aug. 11, 2017)
Crazy Sh*t In Real Estate: Always check the freezer featuring Paula Monthofer – Inman News (Aug. 9, 2017)
Arizona Realtors Pitch in to Help Homeless – frontdoors (May 22, 2017)
There’s No Place Like Arizona – Real Estate Agent magazine (May 2017)
Trump tax plan will hurt housing market, say Realtors – The Arizona Republic (Apr. 30, 2017)
6 simple steps for agents to increase personal safety featuring Paula Monthofer – Inman News (Apr. 26, 2017)
New real estate trends released: it’s a sellers market – KNXV-TV (Apr. 10, 2017)
Home sales in March have skyrocketed in Arizona – KPNX-TV (Apr. 10, 2017)
Realtor convention raises $74,000 for RAPAC – Arizona Business Daily (Apr. 7, 2017)
Is the Housing Market too hot to buy? featuring D. Patrick Lewis – KNXV-TV (Mar. 22, 2017)
Arizona an average state for first-time home buyers – Phoenix Business Journal (Mar. 1, 2017)
Study shows Realtors are actively engaged in their communities – Arizona Business Daily (Feb. 23, 2017)
D. Patrick Lewis on Digital Transaction Management – NewHomecentral.com (Jan. 15, 2017)
Arizona Realtors take hot topics to Capitol – Arizona Business Daily (Jan. 13, 2017)
Tucson Association of Realtors Soccer Shootout – KGUN9 (Jan. 10, 2017)
2016
SAAR 2017 Board of Directors take office – Scottsdale Independent (Dec. 27, 2016)
Prescott Area Association of Realtors executive retiring – The Daily Courier (Nov. 19, 2016)
Scottsdale REALTOR® Recognized for Excellence… – Scottsdale Independent (Nov. 7, 2016)
Community Brief: Monthofer installed as association president – Arizona Daily Sun (Nov. 3, 2016)
AAR 2017 President Paula Monthofer on Ask A REALTOR® Hotline – Arizona Midday (Oct. 25, 2016)
AAR 2016 President Paula Serven on Ask A REALTOR® Hotline – Sonoran Living (Oct. 25, 2016)
Arizona REALTORS® Hosts Annual Ask a REALTOR® Hotline – AZBIGMEDIA.com (Oct. 24, 2016)
AAR 2016 President Paula Serven Previews Ask a REALTOR® Hotline – That Real Estate Show (Oct. 23, 2016)
Home Sales, Prices Rising – Arizona Daily Sun (Sep 21, 2016)
More Millennials are Becoming Real Estate Agents – D. Patrick Lewis on KTAR 92.3FM (Sep 15, 2016)
Olympic Gymnast Takes on Twists and Turns of the Real Estate Market – Gilbert Republic (Sep 14, 2016)
Giving Back – Tucson Values Teachers (TVT) – Arizona Daily Star (Aug 15, 2016)
Broad Coalition Opposes UniSource Electric Proposal Ahead Of Arizona Corporation Commission Vote – PR Newswire (Aug 4, 2016)
REALTORS® Give on Donation Day – White Mountain Independent (Jul 26, 2016)
“With 43,792 members, the Arizona Association of Realtors took the No. 1 ranking…” – Phoenix Business Journal (Jun 24, 2016)
Homebuyers, beware: Lead pipe problems not always required disclosure – Arizona Republic (Jun 15, 2016)
Housing costs rising, study shows – Today’s News-Herald Havasu News (Jun 2016)
Real Estate Agents Read to Kids at Clubs – North Central News (Jun 2016)
REALTORS® Foundation Provides Support for Community Members in Need – Bisbee Daily Review (May 29, 2016)
Real Estate Investors: Don’t Overlook the Baby Boomer Market – 5 Arch Funding (May 23, 2016)
Storytellers – Arizona Daily Sun (May 15, 2016)
Tell A Story Day – White Mountain Independent (May 6, 2016)
Tell A Story Day – Yuma Sun (May 3, 2016)
Tell A Story Day – Casa Grande Dispatch (Apr 29, 2016)
Busy real estate season starts now [text] – Paula Serven on ABC15 News (Apr. 19, 2016)
What Makes (a) ‘Green’ Home? Arizona Leads US in Green Home Building – KJZZ 91.5FM (Apr. 21, 2016)
Scottsdale REALTORS® Represent U.S. and Arizona at Global Real Estate Expo – In Business Magazine (Apr 5, 2016)
The low-down on the BINSR – NewHomecentral.com (Mar 4, 2016)
2015
Real estate Q&A – Mohave Valley Daily News (Dec 30, 2015)
New Homes – Paper Trailing – Arizona Republic (Dec 4, 2015)
Ask A REALTOR® Hotline Ratings & Audience (Nov 4, 2015)
Local REALTOR® Wins Community Outreach Award – Payson Roundup (Oct 24, 2015)
Paula Serven Recognition Plaque – Phoenix Business Journal (Oct 15, 2015)
Arizona Association of REALTORS® Hosts Annual Leadership Conference (Oct 14, 2015)
Arizona home sales up in August, bucks national trend – Sun City West Independent (Sep 27, 2015)
Phoenix homeowners rank above average for underwater mortgages – Cronkite News (Sep 14, 2015)
AAR Launches Agent Safety Alert Program – Sonoran News (Sep 9, 2015)
AAR launches Agent Safety Alert Program – Scottsdale Independent (Sep 5, 2015)
Selling your current home – Arizona Republic (Sep 4, 2015)
AAR unveils real estate agent safety system – Inman News (Aug 31, 2015)
About Arizona REALTORS®
Arizona REALTORS® is the largest professional trade association in the state. It is comprised of individuals involved in the real estate industry, allied industries and firms. The association’s more than 40,000 members represent more than half of the real estate licensees in Arizona. For more information about the Arizona Association of REALTORS®, please feel free to browse around this site.