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This section will serve as a dedicated space for our blog posts! Here, we’ll provide you with regular updates on the market, insights into our community, and the latest news that matters to you. Our goal is to keep you informed and engaged, so you can stay connected with everything happening around us. We look forward sharing valuable content that enhances your experience!

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BLOG POST 15

3-31-25

 

The Richest Man of Babylon… 

 

Throughout the chapters of this novel, many lessons about financial literacy and long-term financial planning are presented. In the last chapter, there was an emphasis on the utilization of your income as a wealth-building tool. In addition, this chapter highlights the concept that “wealth grows wherever men exert energy”, a concept that is clear and consistent throughout numerous seasons of life. When an individual dedicates their energy to a specific pursuit, they tend to improve their skills in that area. 

For example, Alexis invested significant time and effort into baseball for many years, perfecting a craft that he believed would benefit his current and future position in life. His diligence led to immense success throughout his baseball and athletic career, making him an excellent example of this principle. The idea that “wealth grows wherever men exert energy” applies to any scenario and could be utilized as the formula for success. Additionally, the more energy an individual devotes to a specific activity, the better they become at that very objective.

So how does this transfer to real-life objectives? 

If an individual wants to reach their goals, they must prioritize daily tasks that propel them forward toward their goal. For instance, if someone wants to get in shape or live a healthier lifestyle, then they could spend more time working out or cooking healthier meals. Nevertheless, this lesson is fundamental to the success of any endeavor and must be integrated into one's daily regime. 

 

-Aimee L. Paz, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

BLOG POST 14

3-15-25

 

Good afternoon, 

 

The West Valley has experienced significant growth over the past decade, leading to an increase in modern approaches that have resulted in a surge of rental home communities. Recently, social media discussions have highlighted the rising average age of individuals purchasing their first home, an undeniable trend that has been increasing each year. Several factors contribute to this situation, including inflation, the housing market, and employment conditions. In response, large companies have seized the opportunity to acquire substantial plots of land for developing rental home communities. In Surprise, AZ, there are numerous communities designed to align with this trend, including Avilla Meadows, Yardly Paradisi, and TerraLane on Cotton, to name a few. While these communities offer a homelike atmosphere, they also pose challenges to homeownership and the genuine benefits that come with it. Additionally, these entities can increase rent for these properties annually; thus, providing a short-term solution that will turn into a long-term complication. Continuing forward, I speculate a consistent rise not only in rental homes but also in large-scale apartment complex construction. As migration into the West Valley continues, urbanization will expand outward, leading to an increase in the number of individuals, businesses, and jobs in the area. This growth may foster the development of modern shopping centers, entertainment venues, and new business opportunities, but it could also lead to increased traffic in these areas. Whilst modern structures are appealing, they will allow the area to expand and continue to support growth throughout the West Valley.

-Aimee L. Paz, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

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BLOG POST 13

2-27-2025

 

Good Afternoon,

 

The real estate market within the Greater Phoenix area is experiencing interesting trends between both buyers and sellers. Consequently, this is causing some conflicting opinions on whether it is a good time to buy or sell, or if it is best to hold off for a bit. Based on the data from Arizona Digital Free Press, in comparison to January of 2024, the Greater Phoenix area experienced a rise in new home listings (+12.1%) in February of 2024. Additionally, it is suggested that the rise in median prices is still promoting near equivalent price offers from buyers (offers holding at near 98% of asking price), which is good news for sellers who are seeking to acquire the amounts listed within the original entry. 

 

However, subsequent data within the same article details inventory is continuing to move forward in comparison to 2024. Specifically, with homes below $300k, inventory has increased 19.7%; homes at around $300k, inventory surged upward by 38.4%; homes near the $400k mark, inventory rose 48.7%; and lastly, homes above $500k increased 39%. This is great news for individuals looking to acquire residency here in the Greater Phoenix area as there will be available supply to choose from, but what does that do existing homeowners who are looking to enter the market? Well, we look at Supply vs. Demand principles. Historically, as inventory increases, sellers in popular markets will begin noticing a few tendencies: decreases in asking price, increases in concessions, home value annual appreciation returning to steady rates, and increases in the possibility for short-term over-supply (causing drops in home values). Overall, this can be great for buyers, especially if interest rates incrementally fall, but can impact the seller’s position if other variables do not stabilize conflicting areas. For example, due to existing trends of individuals/families migrating from other states to Arizona, and the continual growth of “big” companies establishing industrial/commercial business in areas across Greater Phoenix, an increase in jobs and overall commerce will drive attraction to live in the area. Thus, causing a battle between supply and demand trends and their impact on home values, where data shows these home values to remain steady or grow at a more “reasonable” rate. 

 

So, the question is, “Is it a good time to buy or sell?”

 

Well, it depends. From a personal perspective, I believe a home-seller (given they are in the market to sell) should capitalize on their ability to sell their home at price that achieves a desirable ROR (Rate of Return). If the desired ROR does not reach personal satisfaction, then it would be best to hold off and allow the appreciation on the home to develop over time. However, as supply increases, it is vital for sellers to be aware that their home may not reach the desired amounts in the short-term and fall prey to over-supply. Ultimately, it may take several years in order for these homes to rebound toward desired values. Currently, we have seen sellers “test the market” and see what they can achieve by putting their home on the market, and some have either gotten their desired value or have “pulled out” from the market entirely and are waiting for “more optimistic” trends in the future that will justify re-entry. Conversely, from a buyer’s perspective, several sellers or builders are continually offering incentives to make the purchase more advantageous. Additionally, with DOM (Days on Market) remaining between 65-75 days and the rise in inventory, it is speculated that this trend of seller/builder concessions will sustain throughout the near future (Typical Business Trend: The longer something is on the market, the more-likely it is for the seller to either drop the price or offer additional incentives to make the item/service more desirable.). So, for buyers, if interest rates remain or fall, it COULD be an advantageous time to enter the market; especially, with the growing ability achieve a greater selection of homes in the location they desire. 

 

Ultimately, no one “fully” knows what the future holds in the real estate realm. Therefore, it is always vital to communicate with real estate professionals to ensure you are receiving the most up-to-date metrics regarding interest rates, home values, and many other integral benchmarks. 

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

BLOG POST 12

2-24-2025

 

Good Evening,

 

 As I near the end of another sub-term as a professor, there is always a “bitter-sweet” emotion that arises. Primarily, this is due to the joy of seeing my students progress into the next chapter of their educational careers, but also the inability to continue sharing everything I know that has helped me in my educational journey. Every class, I meet so many great students with unbelievably impressive backgrounds and I always recall that I, like them, am a student of this game called “Life”. Therefore, even though the class ends, I am reminded we can always utilize the knowledge that we have obtained from each other to grow within our own endeavors. 

 

Upon a recent conversation with one of my students, the concept of “momentum” was introduced, and this got me thinking about the concepts that are introduced within the book, The Richest Man in Babylon by George S. Clason. In the beginning portions of the text, various key principles were displayed that are structured to facilitate a stronger financial portfolio for every person in the world. Specifically, the author provided that one way for people to begin building a stronger financial basis is to separate no less than 10% of one’s income into an area that is secure. This portion of your income is deemed “YOUR MONEY”, and it should be left alone for extensive periods of time (to start) so a financial platform can form. In the text, this structure was applied by one of the characters in the book and was the very foundation that initiated subsequent wealth-building steps to later become “The Richest Man in Babylon”. Now, following this exactly is not going to make you the richest person in the world, but it is meant to act as a basis for people who aspire to move forward in their finances. For example, if an individual makes $1,000 every week, $100 of that full amount should be set aside into a separate account. After 12 months of precisely following this practice, this individual will have $5,200; and then after 5 years of this practice (given the income is stabilized), the account will possess $26,000; and then after 10 years, $52,000, which is a significant balance that can be utilized for subsequent wealth-building activities. Ultimately, the idea behind this practice is to initiate the idea that with consistent action in organizing finances, one can achieve momentum and possess stronger wealth-building positions.  

 

As I move forward in life and continue my efforts in moving upward within the financial ladder while eliminating constraints (Ex: Student Loans), adopting the idea of momentum is crucial and is especially important within the acquisition of real estate. Like many of you, I do aspire to acquire my 1st piece of real estate in the near future, and ensuring financial robustness is incredibly imperative. Therefore, for those looking to acquire the same thing but are in a beginning stage without an idea on where to start, following any form of structure such as the one previously displayed can assist in this home-acquisition process. Unfortunately, as I am sure we all are aware every day, LIFE HAPPENS; but we cannot allow this idea to be the causation for our inability to act within our finances so we can one day acquire a significant wealth building tool (real estate). This is why momentum is so crucial, because once we get the ball rolling and start seeing the growth, the more we are going to take on actions that either maintains this steady growth or enhances it by investing more resources every period.

 

Correspondingly, this idea is not necessarily subject ONLY to the area of finance. It is applicable to every goal one can have. For example, I aspire to regain my physical abilities and appearance that I previously had when I was a collegiate baseball player. I have attempted on several occasions to initiate the beginning steps but always fail to gain true consistency. Therefore, similar to the structure illustrated above, instead of integrating a “7 days a week” attitude, perhaps “every other day” or a “Monday, Wednesday, Friday” routine is more applicable within these beginning stages. Regardless, following an obtainable structure and then growing it after some time is the only way that I might achieve this desired physical objective. 

 

In essence, start small, master the “small” pattern, and then grow from there. Then maybe one day we all can consider ourselves “The Richest Man in Babylon”. 

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

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BLOG POST 11

2-22-2025

 

Good Evening,

 

In a recent YouTube video, I recognized the answer to a question regarding the survivability of the real estate agent profession. As crazy as it might seem, I have extensively pondered this idea as well, and as technology has grown, have feared the idea. However, as much as technology has grown in the real estate sector, the role of the real estate agent has grown as well, which begs the need to continue its role within real estate related events. Therefore, due to the following ideas, I am confident the details held within this post positively influence individuals to continue utilizing the services provided from “good” real estate professionals instead of attempting to conduct the process on their own. 

 

Before anything, I want to clarify the difference between a “good” real estate professional and a “bad” one. Firstly, I would argue the primary difference is not necessarily the individual that knows the most or has the greatest experience. Rather, I believe what establishes a “good” real estate professional is the ability to effectively utilize their resources to mitigate problems and identify solutions to those problems; congruently, in a manner that ethically and morally supports client wishes. Outside of real estate, some of the best employees or managers I have witnessed are the ones that do not dictate their actions based on a dollar amount, but instead on effectively achieving the best possible results, regardless of the constraints. Essentially, they do what they know is “right”, even if it might cause a loss in a certain area. These losses can be a lack of sleep, working additional hours without pay, or even exhausting energy to ensure a task is properly completed. Regardless of the loss, they operate to achieve the highest results possible, EVERY TIME. Furthermore, in recent years, there has been a spotlight when it comes to the real estate profession, which has caused a massive inflow of individuals seeking a position within the real estate game. Unfortunately, due to certain TV shows and social media trends, the image and the “simplicity” to make elevated levels of financial gains with little-to-no effort have sparked the irrelevancy or even unprofessional character of the role. In this case, those individuals are what I consider “bad” real estate professionals. They are those practitioners who are solely operating for financial gain and have little interest in supporting who they represent. Among several other characteristics of these individuals, they are simply those who do not embody a servient attitude for those directly and indirectly getting impacted by the services conducted. 

 

Furthermore, I want to detail why it is important to utilize real estate professionals; specifically, real estate agents/brokers. For those who are not aware, real estate sales agents are state-licensed individuals who facilitate the process in buying, selling, or leasing pieces of real estate. Essentially, they fulfill a fiduciary responsibility to positively, legally, ethically, morally, and professionally represent their clients throughout transaction processes. Ultimately, these professionals work toward ensuring your position within a real estate deal is protected (as much as possible) from unwanted discrepancies and provide resources to you in case these events arise. Now, based on research, not only do these professionals assist you in the legal aspect of the deal, but they statistically have proven to generate positive results for both buyers and sellers. For example, the National Association of Realtors presented in 2024: 90% of sellers in were assisted by a real estate agent when selling their home, For Sale By Owner (FSBO) typical sale price was $380K while agent-assisted home sales on a similar home was $435K, 68% of realtors use social media to promote listings (helps generate potential buyers), 88% of buyers used a real estate agent or broker, FSBO percentages are shrinking year to year (suggesting a decline in success for this method), approximately 10% of FSBO eventually hire an agent to facilitate the transaction, FSBO demonstrated increases in legal complications when compared to the utilization of an agent, and several other compelling stats. Overall, while there are costs associated to utilizing a realtor, similar to any industry or occupation, there a several positive returns that can be generated just be obtaining their presence. 

 

Now, to acknowledge the primary issue: the survivability of the real estate agent. Well, considering the intricacies that are involved within these transactions and the positive returns that are typically generated from utilizing “good” agents, it can be certain that this profession will remain within the foreseeable future. Additionally, reviews from home-sellers and home-buyers have acknowledged how they did not want to take on the added responsibility of this process, as their life is busy as it is, and therefore, felt more comfortable allowing a licensed professional facilitate the process. Conversely, I will argue the only way this profession will vacate its presence will be if AI interferes and provides both compelling and sustaining results that undermine the value of the real estate professional. Even then, I still believe real estate agents would enhance their practices to utilize AI or other technological features to overturn competitive results and instead, utilize it to their advantage to enhance the overall client-agent relationship. Personally, I am 100% supportive of technology and firmly believe it is necessary within this practice, and I also believe the utilization of these technological platforms will ultimately allow real estate professionals and the community to voice the problems that are present so we can effectively work together and positively progress the human endeavor. 

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

BLOG POST 10

2-19-2025

 

Good Evening,

 

Throughout the country, there is a significant number of individuals/families who are looking to relocate to areas within Greater Phoenix. Based on research derived from Mayflower, people are seeking a position in the area due to affordable cost of living, growth within job markets, and warm and dry weather conditions. Other research from HOV Blog illustrates additional aspects such as a strong diversity population, access to indoor and outdoor activities, access to strong educational institutions, and the environmental landscapes to be major features that are pulling people to the area. Regardless of the reason, with an average growth rate population average of 1.33% from 2021-2024, or an overall growth from 4.6M to 4.8M in population, macrotrends displays a projection that the Phoenix Metro Area will continue to rise to 5.3M by 2035. Ultimately, championing the continual growth that the area has been witnessing across many major sectors.

 

Every day, I communicate with several individuals who illustrate where they moved from and the reason for it. In my time here in Arizona so far, every location listed within azcentral has been stated by these individuals. For example, California, Texas, Washington, Oregon, Florida, New York, and several others. Additionally, these individuals also detailed the differences in affordability when compared to areas such as California and New York. Being that I am originally from Southern California, I completely understood, but I did want to dive into the data just to get some more clarification on the matter. Furthermore, when calculated on Nerdwallet, the difference in cost of living between Phoenix, Arizona and Los Angeles, California is approximately 31% lower in Phoenix, Arizona. Similarly, when comparing Phoenix, Arizona to areas in New York, the data is showing a similar quantity. Nonetheless, demonstrating a significant decrease in the cost of living and an increase in overall affordability within real estate. Specifically, with an approximate 50% difference in home prices between Arizona and California: $321,000 vs. $659,000, respectively (Ravenscroft, 2024).

 

Overall, while there are several justifications for the migration to Greater Phoenix, it is certain this inflow of people will not stop any time soon. Therefore, it is necessary for real estate supply to continue so areas can ensure housing quantities adhere to demand. Otherwise, we are going to experience distorted Supply vs. Demand trends that replicate what is occurring in Los Angeles, California (high demand with low supply = very high home values).

 

Based on my experience so far, I have undoubtedly enjoyed the reduction in costs when compared to my time in California, and I am also confident that others will experience a similar pattern when they move to Arizona as well. 

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

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BLOG POST 9

2-17-2025

 

Good Afternoon,

 

For a few years now, my wife and I have been discussing the dream of building a custom home, such as a barndominium, on a piece of land that is somewhat away from the city but still close enough to obtain necessary resources. In Southern California, this objective was not very feasible because of the high costs associated with the project and instead, we figured it would be better suited within an area outside of California. Thankfully, Arizona has plenty of land that could provide this opportunity and is already home to several individuals/families who already established their own custom homes in various parts, which fosters confidence that the idea is in fact a practical venture that can be obtainable within the near future.

 

Currently, we are non-resident members at Sterling Grove Golf and Country Club in Surprise, Arizona and have been touring some of the residences (by Toll Brothers) they have available. The homes we are interested in range in value anywhere between $350K-$400K and are within a walking-distance to the golf course, restaurant, gym, pool, and other amenities that are available. Additionally, these homes are within a few-minute drive to all the stores that house the necessary materials we need on a continual basis; ultimately, supporting the “proper fit” for Aimee and I. On the other hand, this location does not meet all the ideals that we would like in the long run. For example, we do have plans to have a family in the future, so we want to have plenty of space not only inside the house but also outside of it. Additionally, I want to build a pool area and a decent size back-house that will incorporate a gym, golf simulator, lounge area, batting cage, and other material as well. In this case, it would seem to make more sense to build our home so we can include the many facets we desire.

 

Now, since it is just Aimee and I right now, one thing her and I have discussed is the idea of acquiring the home at Sterling Gove, which is big enough to act as a starting point for our future family, and then once we feel additional space is necessary, we will build our custom home on a bigger piece of land. However, I do want to purchase the land and hold onto it until that time comes, so that is something to consider as well. Nevertheless, if we move in this direction, I will acquire the land first and then purchase our home at Sterling Grove; ultimately, to serve as a reminder to myself that the dream that I have had for many years for both myself and my future family is within reach and coming soon. 

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

BLOG POST 8

2-16-2025

 

Good Afternoon,

 

According to Realtors Property Resource (RPR), the real estate market in Surprise, Arizona is currently experiencing what is believed to be a “balanced market” as of January 2025. This idea of a “balanced market” describes a point where neither party (seller/buyer) is experiencing a significant advantage from a transaction. In previous years, sellers were able to off-load their position in a property for top-dollar. Now, this idea is slowly decreasing; especially, as we move into periods where there is increasing housing supply, job opportunities, and migration trends from various parts of the United States. Due to these increasing actions, sellers are experiencing longer “Days on Market” timeframes and are continually having to decrease the price-point of their home or offer various concessions in order to get it sold. Consequently, creating an attractive location for buyers as they are able to negotiate better terms for a home. 

 

Simultaneously, these downward trends into a “balanced market” assists sellers as well. For example, by navigating into a “balanced market” within an area that is developing quickly, the market for qualified buyers can increase, which then promotes the overall attractiveness of the area and can force purchasing competitiveness until supply catches up. Additionally, homeowners can experience their home value increase at a more consistent rate, which eliminates unwanted volatility within the area. This is especially important for long-term investors who seek to achieve steady progressions in home-value appreciation, or standard homeowners who seek to achieve a promising return on their investment as the years go by. 

 

In the coming months here in Surprise, I believe we are going to continue seeing a slight drop in home-values with some positive rebounding as well, consequently providing stabilization in the market. Hopefully, a collaboration of lower interest rates will come soon so the increase in buying power can help more families make the transition from renting to owning or from owning to owning. Overall, creating a solid mixture between both parties and forward movements within economic performances.

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

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BLOG POST 7

2-14-2025

 

Good Morning,

 

Often, I receive the question, “Was it worth spending the amount of money you did on your education?”, and while many would believe this is simple response, I possess mixed opinions on the subject. Primarily, due to a variety of significant trade-offs that may or may not benefit me in my line of work. So, if you are on the fence on going back to school to obtain your education, this post might help you make that decision. Important Note: This is a personal opinion based on MY EXPERIENCE within 5 educational institutions, 8 years of schooling, and approximately $150,000 spent on 2 Associate’s Degrees, 1 Bachelor’s Degree, 1 Master’s Degree, and 1 Doctorate Degree (Coming Soon). 

 

The first point that I want to make is the difference between acquiring an education and acquiring a degree, as these two areas are vastly different. Acquiring a degree can be achieved my simply fulfilling the basic requirements to obtain a piece of paper that acknowledges the completion of the program’s course requirements. Often, this act is paired with a “C’s Get Degrees” mentality and does not incorporate the time and dedication necessary to effectively apply datasets in a manner that enhances certain areas. Conversely, acquiring an education integrates immense discipline to research and apply principles that have been empirically supported by various datasets from other author(s). This action alone is far more valuable than the degree itself and can ultimately redefine the way of life as we know it. Hence, why there is such a high value on “experience”. What does this mean exactly? It means if you follow the path of acquiring a degree within a field, IT DOES NOT guarantee that you will automatically be financially or professionally successful; especially, if you do not apply these principles within real-world settings. In other words, just because you have a degree, it does not mean it supersedes the value of extensive experience and application. Rather, if you follow the narrow path of applying extensive time and energy in learning and applying information that is detailed from books, videos, voice recordings, lectures, etc., the results derived from that application will guarantee you greater opportunities to not only earn more financially but also acquire better employment positions. Today, we are seeing this phenomenon across the United States, where there are numerous college graduates with higher-education degrees who are unable to acquire employment positions that match the level of the degree. However, there are several organizations that send employees to earn a higher-education degree so they can be compliant with the requirements for a certain job role, and that is a totally different conversation. I am referring to the idea that showcases how a degree is “automatically” supposed to provide higher-paying jobs without any prior job experience or real-world application. This idea is flawed, and should be avoided at all costs, unless you have existing personal connections that can get you “in the door”. 

 

It is important to note the degree you are obtaining plays a massive influence on your career, as some careers (Lawyers, Medical Doctors, Professors, etc.) require higher-education degrees in order to practice. In this case, you will need both the degree and the education. However, if you are obtaining a higher-education degree in Music, for example, and then attempt to get a job in Finance, it is probably not going to be very likely that you will acquire the position over those applicants who went to school for Finance, regardless of how high the degree is in Music. In essence, whatever your degree is, it is necessary to ensure it applies to your chosen field; otherwise, the chances that it can positively serve you will diminish. 

 

Overall, in my experience so far, my degrees have allowed me to operate as a professor and also taught me how to conduct, apply, and document results from compelling research, which has ultimately provided a basis for my real estate business. It has also forced me to articulate my thoughts more effectively and to professionally convey my knowledge in a written format, which is deeply imperative within my lines of work. Furthermore, besides the professor position, could someone achieve a similar basis without having to spend many years in college and extensive financial resources? My answer: YES. Due to the ever-growing nature of the internet, there are so many FREE resources that can be utilized to facilitate success in this business. Realistically, if you want to become knowledgeable in business, read business books and watch business videos. Then, apply that knowledge so you can gain real-world insight. Furthermore, if your chosen field does not require the need to obtain these high-cost degrees, in my honest opinion, you do not need to spend the money when you can potentially acquire more knowledge for free just by utilizing existing resources. Personally, it has been a dream of mine since I was around 8 years old to earn and wear “Dr.” in my name. Ultimately, the goals to achieve these degrees stem from personal satisfaction and I do not have any expectation for them to “guarantee” me anything in this life. So, was it worth it to spend the amount that I have on my education? My answer: YES. 

 

Final Note: If you are adamant on stepping into the college landscape and are looking to acquire a “good job” as a result from obtaining this degree, I would HIGHLY RECOMMEND spending some time researching the best schools for your chosen degree and ask about the connections the school has to outside companies. Specifically, ask about the number of jobs that have been acquired after degree-completion with companies that offer “good” compensation packages. Or, if possible, connect with both existing and prior students from the institution and see what their experience was like. For all you know, these responses may be the determining factor in your decision either with that specific school or even a college-education as a whole. 

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

BLOG POST 6

2-13-2025

 

Good Evening,

 

The principle of Supply and Demand serves a vital role within every industry in the world. In the real estate industry, specifically, the concept can be identified within sales, development, building, home values, and many other areas. One of the areas that demands additional focus lies within home values, as this is an aspect that is continually reviewed by existing and future home buyers and sellers. While home ownership is and always will be a significant milestone within human life, the real estate market today can appear to be applying difficulty or even complete relinquishment of the common dream. 

 

In real estate, the common phrase that commands enormous respect is “Location, Location, Location”. While this popular phrase is arguably the most significant throughout the real estate realm, the concept showcases a strong connection to the principle of Supply and Demand. In layman’s terms, Supply and Demand demonstrates the correlation between the level of supply versus the level of demand. In essence, the higher the supply of a product, the higher the possibilities to fulfill high levels of demand, which then typically causes a stabilization in value, otherwise known as “equilibrium”. Imbalances within Supply and Demand occur when one side overpowers the other. For example, if the demand for an item outweighs the supply, the item’s value is enhanced. Similarly, if the supply exceeds the demand, the value of the item diminishes. 

 

Today, the real estate market has long been in a state of imbalance within Supply and Demand. Numerous areas across the United States are experiencing high levels of demand for homes, but the levels of supply are conflicting, consequently causing inflated home values. Until the supply of these homes is increased to combat increasing demands, especially, within major cities, then the high prices of these homes are going to remain. 

 

What is causing this shortage of home supply? This is a multi-faceted question, but can easily be influenced by interest rates, inflation, cost of goods, cost of labor, labor shortages, supply shortages, quality deficiencies, alterations in production schedules, and several other factors. Overall, until these major areas are addressed, there will continue to be problems within the ability to recover from these shortages. Of course, the disparities between Supply and Demand vary by location, but as an aggregate argument for the housing market of the United States, it is valid. 

 

It is important to note the topic of conversation for this post is focused within Supply and Demand, not Affordability. Affordability, which is primarily focused within the demand sector, ties heavily to the absorption of available supply, which also connects to the desirability of the location, consequently impacting micro-economic trends. In a future post, the affordability aspect will be illustrated in greater depth. Overall, the intention of this elucidation is to briefly showcase what Supply and Demand is and how it impacts both real estate inventory and values. In my honest opinion, I do believe the ability to stabilize Supply and Demand is achievable, but it will take significant time and effort throughout the coming years. 

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

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BLOG POST 5

2-5-2025

 

Good Evening,

 

Today, I took my wife out to lunch at Cheesecake Factory and as usual, we started talking about the real estate company and the methods that we were employing. As conversation grew, we began to discuss the differences between traditional real estate methodologies such as door-knocking, cold-calling, and mail advertising, versus contemporary methodologies that emphasized the powers of digital technologies. For some time, I have had a firm belief that the contemporary agent who harnessed the full power of digital capabilities can sustainably out-perform the results that are derived from the traditional agent. The reason for this is because of the algorithmic styles of social media, which allows posts to potentially reach numerous individuals in seconds all across the globe, and the capabilities of other digital platforms that can distribute mass amounts of emails, messages, and voicemails at the click of a button. Ultimately, reaching a greater number of individuals at a fraction of time, energy, and financial resources when juxtaposed to traditional methods. 

 

However, it is important to note traditional methodologies still contain their opportunities for success. In fact, I have witnessed many agents who employ these traditional methods and are performing very well within each market. Therefore, the viability within these actions can indeed be replicated if this is the avenue that is desired by the professional. The only aspect that must be mastered is within speed, volume, and quality. That is, for example, in the case of cold-calling, how many cold-calls can you conduct within a fixed period that sustainably generate the highest returns while delivering the same high-quality service. Often, over the course of several houses walked and door-knocked, phone calls made, and other physical actions, the quality tends to depreciate, which negatively impacts both the quality-rate and ultimately, the success-rate. Therefore, it is necessary if a real estate professional chooses to navigate these methods, that they approach each event as a singularity, not as an aggregate. In essence, every phone call or door-knock is approached as the 1st phone call or the 1st door-knock, not the 100th phone call or the 50th door-knock. Since human physiology can act against us over time in this pursuit, it is extraordinarily difficult to maintain the same physical and emotional “posture” that was established during the initial act. 

 

Furthermore, the digital aspect is arguably more productive since it consistently provides the same quality information at potentially higher quantities (if utilized effectively). For example, if a real estate professional posts an article of informative content on Instagram, the post itself can contain quality information while allowing the algorithm to distribute the content to several known and unknown eyes. This also allows the viewer to receive this information at a more “comfortable” time and offers the ability to revisit the post at a later period (if necessary), rather than being approached at a random or potentially inconvenient time during the day. Now, it is important to note this method does have its deficiencies; primarily, within the “personal” or “face-to-face” aspect. Hence, why it is unbelievably vital for the agent to continually showcase themselves (their face) on these social media pages so the audience can virtually determine you are in fact, a normal human being. Then, the agent must employ an approach that transforms these virtual interactions into actual conversations that can then be converted into business opportunities. While these conversations between the principle and the agent can also be done through the digital space, it is up to the agent to promote effective utilization of rhetoric to influence these individuals/groups to trust your persona and overall ability to deliver results.

 

Overall, while either of the methodologies can generate quality business, it is necessary to secure a deep focus within one of the dimensions. This will ensure you are able to accurately collect consistent data and also provide the opportunity to innovate until you secure a pattern that is sustainably effective. Therefore, if you choose to employ the digital lifestyle, be sure to commit several hours a day to this particular practice. Conversely, if you choose to follow traditional methods, be sure to do the same. For inconsistency in either realm will enhance the inability to compound results and ultimately, excel in a particular dimension. 

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

2-3-2025

 

Good Afternoon,

 

After a week of operating, I was approached by one of my colleagues and was asked how the real estate business was functioning. My response to him was short, primarily due to the immense activity of the day, but focused around a critical area: progress. 

 

You see, the common miscalculation that several business owners create is the idea of “quick and easy” success. Although it is appealing, in today’s markets, it is not very practical. Therefore, steady progression through consistent imperfect action has demonstrated to manufacture higher probabilities of sustainable success, which is the aim for this company. Specifically, the one area that I seek to acquire within various departments is progress, not perfection. If my team continues to establish attainable markers and then seeks to enhance these markers while eliminating inefficiencies within subsequent timelines, then we can consequently guarantee ourselves a promising result of achieving marginal success that can be sustained.

 

Contrary to this belief system, one critical aspect that must be addressed is the “guarantee” of success within the equation. While improvements every day constructs higher percentages of success, it can still produce areas of failure. This notion is common with the sport of baseball, where an athlete can spend several hours each day from Monday-Friday preparing to succeed in a game on Saturday or Sunday, and then produces insufficient results within each area of the game. In the subsequent week, the athlete continues their training routine and incorporates new methods from his learning experiences to achieve greater results. Unfortunately, while the athlete is indeed a “better athlete” from these hours or training, the results in the game are once again, not shown. Through determination and fierce ambition, the athlete returns to the training grounds in the following week and proceeds to work on his craft, in hopes of achieving the results he desires. Only after several weeks of practicing and learning from his mistakes within the games, the athlete begins to outperform his competitors in areas they are deficient and now the athlete begins to experience the remarkable feeling of incremental success. Now, to sustain this, he must battle his competitors in the competitive arena and continue to out-perform them within the training facilities during the week. Ultimately, the athlete learns that this battle of success is not against the other players or with the game of baseball itself, but with himself and himself alone.

 

Evidently, achieving success in business is similar to the game of baseball and many other facets of life. Whether or not you see your ultimate idea of success each day, it is imperative to stick to your training and to commit yourself to marginally improving. If you take this framework and apply it, it is guaranteed that you will not only learn more through an extensive timeframe, but you can obtain higher possibilities to exert more within specific tasks, which will undoubtedly be greater than the individual or group that attempts the opposite.

 

So, as of right now, our real estate practice has certainly not achieved the metrics that we seek to obtain; but through consistent and calculated imperfect action each day, we will certainly position ourselves to achieve incremental growth that will work to provide the success we desire. 

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

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Arizona home with cactus AI Image

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2-2-2025

 

Good Afternoon,

 

As I was navigating through Tik Tok, a video populated that focused on the real estate profession; specifically, real estate sales. In the video, the creator posited the question, 

 

“What is something you disliked about your Realtor when you were buying/selling a home?”

 

As a Realtor, I believed gaining an understanding of external experiences regarding this question would positively serve my role. Therefore, I quickly navigated to the comments section and proceeded to analyze the responses. To my surprise, most of the responses opposed my assumptions, which focused on a lack of data, incorrect pricing strategies, inadequate marketing tactics, and several other ideas focusing within the comprehension and execution of strategic methods. In actuality, the responses focused on one critical component: COMMUNICATION. 

 

As a business professor, the role of communication cannot be undermined. In fact, it is with this very principle that allows me to continually acquire progressive results within student submissions. It is one aspect that many of my students have elucidated to being a critical component in the overall enjoyment of the class, and it is the sole reason why many of these students continually message me to assist them, even when I am not the instructor for their subsequent course(s). I offer this perspective not to boast, but to showcase the correlation between two realms and the sole identity of the nexus: COMMUNICATION. 

 

Similarly, when I connect with other married couples and ask them for advice on the methods to employ that facilitate the delivery of a successful marriage, the majority point to the very same aspect: COMMUNICATION. 

 

As difficult as obtaining success may be, perhaps the paradoxical nature of success can be stabilized by rudimentary actions that at times, are deemed as trivial. Specifically, within the real estate sales landscape, perhaps people are not necessarily attracted to complex strategies, but rather simplistic communicative actions that demonstrate care and consideration. While possessing competence in strategic formats, contractual principles, or any other methodology serves a vital role in the practice, establishing ineffective dialogue between the agent and the principle has been shown to diminish the value of these complex areas in the broader landscape. Therefore, regardless of the format, it is NECESSARY to communicate value by ensuring consistent communication between individuals or groups. Any deviation in this respective action will serve as a recipe for unpredictability, inefficiency, and unsustainability. 

 

Overall, before we complicate our personal and professional lives, perhaps we should utilize one of the foundational gifts that we acquired when we are young: the ability to COMMUNICATE. For the role of communication is and always be, the fundamental bridge that can potentially alter the success of your life and those around you.

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

BLOG POST 2

1-31-2025

 

Good Afternoon,

 

As a new real estate agent in another state, common questions arise that pertain to the complexities of deriving new clientele, adapting to differing business methods, understanding various locations, and several others. Ultimately, the uncertainty within these realms fosters the inability to act, which is the primary pattern that will answer several of these key constituents. Currently, as natural as it may be, the inability to act has historically been the causation of several inadequacies that I have experienced in several departments. Conversely, action; specifically, imperfect action that is paired with a specific objective, has remained the key component to any success that has been acquired in the past decade. Therefore, my plan is to derive a specific objective, which is to establish a social media presence that aims to real estate agents across the country while focusing on real estate trends, consumers, and professionals in Arizona. Consequently, this social media presence will facilitate a space that promotes guidance for myself and others, accountability to execute, knowledge sharing, opportunities for new and existing business, reestablishment of professionalism and ethics, and much more. How will this be done? As previously mentioned, imperfect action has remained the cornerstone of historical success in countless areas. Therefore, I believe the genesis of this plan of action should begin with specifying critical efforts that have been both educationally and professionally proven. 

 

1) Posting videos/photos/blogs daily on social media platforms. (Website, Tik Tok, Instagram, Facebook, Etc.).

2) Following individuals/groups that are in Arizona on social media platforms. 

3) Updating social media platforms to demonstrate my attendance as a licensed real estate agent in Arizona.

4) Boosting social media posts through paid advertising.

5) Establishing genuine connections with individuals/groups through these platforms. 

 

Now, to instill credibility as a real estate professional within local markets, it is necessary to pair these daily actions with others that centers within understanding local trends. Simply stated, these actions will primarily be through conducting quantitative and qualitative research, which is an area I have come to master from my educational experiences. Overall, while it is uncertain as to how fast this initiative will grow, my team will establish weekly meetings that aim to review the performance metrics of each social media platform. Whether or not growth is achieved, the relinquishment of inefficient methods and the adoption of innovative methods will be enacted. This will guarantee a foothold for progress, which will be the primary focus for right now. 

 

Have a great rest of your day!

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

Arizona Home
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1-30-2025

 

Hello!

 

First and foremost, I want to thank you for acknowledging the first blog post of 2025! This section of the site will serve as a primary source of information for a wide variety of topics within local and national real estate trends. 

 

As we have historically recognized, the real estate market has experienced volatile trends that continually influence contemporary patterns, which causes an increased need to thoroughly analyze areas that may influence buyer, seller, and Realtor decisions. 

 

If you find yourself seeking to acquire an up-to-date comprehension of modern real estate trends, please utilize these blogs as a beneficial asset to your research arsenal.

 

As always, it is truly a pleasure to serve you all and I look forward to connecting with you within the extraordinary realm of real estate.

 

Have a great rest of your day!

 

-Professor Alexis K. Paz, Doctoral Candidate, MBA

Arizona Real Estate, Arizona Realtor, Surprise, AZ, Glendale, AZ, Peoria, AZ, West Valley, West Valley Real Estate, West Vally Realtor Surprise Realtor, Peoria Realtor, Glendale Realtor 

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