HB 2173 and “Legal Tender”

HB 2173 and “Legal Tender”

HB 2173 has passed from the Arizona House of Representatives and to the Senate and quickly made its way through the Banking and Rules Committees. I’ve been asked by several constituents to explain why we need this piece of legislation, and what does it mean.

I may seem odd to hear a REALTOR say there is no such thing as “appreciation”, but think about it this way. If you bought a home in 1985 for $150,000 and sold it in 2015 for $300,000 did it really …

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