Been There Done That: Reflections on a Market Shift

In 2005 I was 25 years old and thought I would never be able to buy a house. Four years later I bought my first house and promptly watched my new investment plummet in value. But we could afford the payments and needed a place to live so we stayed. Housing is shelter and is a basic human need regardless of price.

Afternoon Bite 8/24/2020 (Video)

Many economists are calling this a K shaped recovery. That means that some are having a positive recovery or are fully recovered while for others the struggle continues to worsen. Economist and real estate consultant, Elliott Pollack calls it the “have and have not economy.” Those with jobs have saved money and are in good financial standing. Those who have lost their jobs, who are usually not homeowners, are finding themselves with fewer job prospects and, with the expiration of the CARES Act, significantly smaller unemployment checks.

How to Avoid Probate in AZ

Lydia Wietsma, with Revelation Real Estate, and I talk about different ways to avoid probate in Arizona for real property. Like any legal guidelines, there many different ways to own real estate. If you want to avoid probate, you have options. First if the owner(s) put the property into a trust, when the executor trustee(s)Continue reading “How to Avoid Probate in AZ”