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The top markets for short-term rentals in 2019

Posted by   /  October 29, 2019  /  Real Estate  /  No Comments

View of Flagstaff from Mars Hill. The city is 14 on the list of top markets. / Wikipedia REALTOR Magazine Airbnb has seen explosive growth the last few years, even as some cities have fought to manage short-term rentals that they fear are overtaking communities. Still, homeowners and investors are cashing in. Florida is Airbnb’s […]

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This Arizona housing market Is 20% Airbnb rentals

Posted by   /  August 23, 2019  /  Real Estate  /  No Comments

Realtor Magazine Airbnb short-term vacation rentals are taking over Sedona, Ariz., and residents are not pleased about it. In Sedona, 20% of the housing inventory is being offered on Airbnb. Unlike recent moves by larger cities to limit Airbnbs, the state of Arizona has taken the opposite approach. It recently passed what’s known as “the […]

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Bill to regulate Airbnb heads to Ducey’s desk

Posted by   /  May 16, 2019  /  Real Estate  /  No Comments

AZMirror By Jerod MacDonald-Evoy | AZMirror A bill with broad bipartisan support that would add new regulations to short-term and vacation rental properties, such as those on Airbnb and VRBO, is heading to the governor’s desk for final approval. House Bill 2672 disallows properties to be used for things other than non-residential purposes, such as making […]

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Competing bills address sharing era in car rentals

Posted by   /  February 5, 2019  /  Legislature 2019 Regular Session, Transportation  /  No Comments

  By Ben Giles | Arizona Capitol Times Two Republican lawmakers are at odds over what constitutes a “car rental” in the new sharing economy. At stake in Arizona are the future of companies such as Turo, a website and app that functions like Airbnb, but with cars instead of homes. So, too, are the […]

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Airbnb in home building’s backyard

Posted by   /  December 3, 2018  /  Real Estate  /  No Comments

  Professional Builder Airbnb is now adding “architect” and “urban planner” to its repertoire. The home-sharing leader’s futures division, Samara, is launching its “Backyard” initiative to model new ways to share and build homes. The first wave of prototype buildings are slated for public release in 2019. Airbnb chief product officer, cofounder, and Samara founder Joe Gebbia tells Fast Company that rather […]

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Airbnb generates $11.5 million for Arizona in tax revenue in 2017

Posted by   /  March 2, 2018  /  Real Estate  /  No Comments

By Brandon Brown | Phoenix Business Journal In the first year of its partnership with the state of Arizona, Airbnb Inc. generated $11.5 million in tax revenue for the state. In 2016 Arizona Gov. Doug Ducey and San Francisco-based Airbnb created a partnership that allowed the home-sharing service to collect and remit state and local transaction privilege taxes on behalf of […]

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Airbnb a boon for owners, headache for neighbors

Posted by   /  December 11, 2017  /  Real Estate  /  No Comments

By Emery Cowan and Corina Vanek | Arizona Daily Sun It’s been three years since James Holeman opted to give Airbnb hosting a try after deciding he wanted to do something new with a longtime rental he owned in Flagstaff’s South Side. The arrangement has gone so well that after Holeman and his wife sold […]

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How Airbnb affects home prices and rents

Posted by   /  October 24, 2017  /  Real Estate  /  No Comments

The home-sharing service’s listings may take long-term rentals off the market in an area By Lisa Ward | Wall Street Journal  Could the use of Airbnb increase home prices and rental rates? A new, not-yet-published working paper suggests the popular home-sharing service might do just that. The researchers looked at rents and home prices in […]

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By the numbers: Airbnb saw business blast this summer

Posted by   /  September 21, 2017  /  Real Estate  /  No Comments

By Steven Totten | Phoenix Business Journal Summer was a fruitful season for Airbnb in Arizona. The San Francisco-based home-sharing company released some numbers from the summer travel season showing almost 150,000 guests used the service in the state. “Airbnb provides an affordable way for people to visit Arizona and for Arizona residents to escape […]

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With $2M seed funding, this Phoenix-area startup looks to fill an Airbnb void

Posted by   /  August 2, 2017  /  Real Estate  /  No Comments

By Steven Totten | Phoenix Business Journal When Michael Chen, Andres Green and Barrett Glasauer were working for DoorDash, they attended an East Coast summit for the food delivery service startup in Washington D.C. Traveling with a group, they figured it would be easier to rent an Airbnb than pay more for a hotel. Everything was fine until the air […]

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