All Forum Posts by: Jeremy Holden

I'm an investor and agent out in metro Phoenix so I get this question quite often. When building large subdivisions in high-density areas of Arizona, developers have to conduct testing and get sign-off from the AZ water authority. The testing has to show that there's at least 100 years of water supply for the proposed community to receive approval. Whether these tests are legitimate or not is outside the scope of my expertise or a real estate forum, but it is part of real estate law out here. 

Arizona recycles over 85% of its water similar to other barren geographies like Israel. The recycled water is not for human consumption since it's not of drinking grade. Rather, it's used for agriculture as others have mentioned. Water is top of mind for all business activities out here.

 @Grant Schroeder Is this an area of expertise Grant? 

In my experience with renters here, it's common for landlords to provide washers, dryers, and basic appliances. 

A stable market in phoenix typically has 35K - 45K homes on the market.16K - 20K is a very low figure for a city of 5M plus. 

Happy Saturday everyone! I am an agent from Arizona working with my first rental client. My brokerage has not given me too much training around the rental process in terms of forms and expectations. Are there any Arizona agents who have worked rentals who could answer some questions? 

Thank you so much in advance!

@Mitchel Foster

Hey I have a great pool service referral, shoot me a dm if you want me to connect you!

Opportunity zones seem to be a hot topic at the moment with tax benefits. Does anyone have any experience in such investments? And could provide some commentary from their experience whether it’s worth the opportunity cost?

@Aman Shahi

Arizona is piping hot. A lot of good value still in the market in different pockets around the metro area. I’m a local agent in the area specializing in multifamily and investments. Dm if you have any specific questions about the Arizona Phoenix market.