Phoenix Home Price Growth Tops the Nation at 20%

By Angela Gonzales | Phoenix Business Journal Phoenix home price growth reached a whopping 20% in March, leading the nation for the 22nd consecutive month, according to the latest results of the S&P CoreLogic Case-Shiller Indices. With the national average now 13.2%, San Diego came in second, with a year-over-year price gain of 19.1%, followed …

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If Maricopa County was a State, Where Would It Rank in Net Population Increase?

By Fletcher Wilcox | Grand Canyon Title Agency On May 4, the U.S. Census Bureau released its 2020 county population estimates. According to the data, Maricopa County had the largest population increase out of all counties in the United States — increasing by 86,820 for an average of 238 people per day. This was the …

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Short Supply of Homes Can Result in Risky Contract Concessions

If you missed our March 17 virtual Happy Hour (VHH), you missed news from Scottsdale Director of Transportation Mark Melnychenko and this Market Update from Fletcher Wilcox. Our next VHH is April 14, 2021; more info here and registration here. An extremely low supply of residential homes for sale, combined with an enormous oversupply of …

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SAAR Distributing Supra Lockboxes by Appointment

Revised Oct. 9, 2020 The Scottsdale Area Association of REALTORS® (SAAR) and Arizona Regional Multiple Listing Service (ARMLS) have entered into an agreement that will allow all REALTOR® association members in the Valley access to Supra lockboxes by appointment at SAAR. After 10 years, ARMLS will be closing its Redfield office on October 30, 2020. …

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June Sales Thump May Sales

By Fletcher Wilcox | VP, Grand Canyon Title (July 2, 2020) Greater Phoenix Single Family Resales in June 2020 thumped May by 1,940 sales. June sales were the highest so far this year — beating the previous record set in March by 615 sales and falling only 91 sales behind June 2019 (6,827). Source: ARMLS …

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zipForm® Subscription Changes in 2020 (FAQs)

The Arizona REALTORS® state association and LoneWolf Technologies have started to communicate with agents about zipFormMLS-Connect® — which makes it possible for ARMLS data to populate forms inside zipForm®. You may be familiar with it in relation to the topic: armls.com/RET-Password. Although LoneWolf provides zipForm® and TransactionDesk®, ARMLS wants you to be aware of upcoming …

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ARMLS to Implement NAR’s 8.0 Clear Cooperation Policy

Within one (1) business day of marketing a property to the public, the listing broker must submit the listing to the MLS for cooperation with other MLS participants. Public marketing includes, but is not limited to, flyers displayed in windows, yard signs, digital marketing on public facing websites, brokerage website displays (including IDX and VOW), …

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