Items Tagged with 'Arizona housing'


  • Zillow planning expansion of its home buying business in Southwest

    Establishes "Southwest Hub" for Zillow Offers in Phoenix
    It's been just over a year since Zillow expanded its business from simply facilitating the home sale to actually buying houses itself. Zillow has big plans for its home buying business, recently revealing that its current goal is to be able to buy 5,000 homes per month within as little as three years. To get there, Zillow will have to fortify and expand its home buying operations, and the online real estate giant took a step in that direction.
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  • Arizona real estate fraudster jailed for defrauding Hispanic families

    Gets more than 7 years in jail plus 6 years of probation
    The owner of several Arizona real estate companies will spend more than seven years in prison after pleading guilty to defrauding dozens of Hispanic families out of millions of dollars. According to Arizona Attorney General Mark Brnovich, Francisco Aguirre used several real estate companies to prey on 40 families in Arizona by seemingly selling them a home. But, in reality, Aguirre did not actually sell the properties in question to the supposed buyers.
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  • New Arizona law removes citywide Airbnb restrictions

    Municipalities can no longer restrict short-term rentals
    Airbnb and other short-term rental websites could soon become more popular in the state of Arizona thanks to a new law that took effect on January 1. According to a report from the Arizona Daily Sun, the state’s new laws stipulate that cities, towns, and counties cannot put any restrictions on short-term rentals “simply because the property is not classified as a hotel.”
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  • Arizona Realtor cleared to use drone to show homes

    FAA grants first exemption for real estate photography
    An Arizona Realtor has become the first to gain authorization from the Federal Aviation Administration to use a drone for real estate photography. But Douglas Trudeau said he's not going to charge his clients any extra for the use of the drone.
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  • Report: Full recovery of Arizona’s housing market is still years away

    State is two years from full economic recovery
    Panelists at the 51st annual Economic Forecast Luncheon, co-sponsored by Arizona State University’s W. P. Carey School of Business and JPMorgan Chase, said that Arizona's housing economy is still years away from fully recovering all that was lost due to the economic downturn. But there is a light at the end of the tunnel.
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