Snapshot: The Phoenix real estate market
If you are in the market for a house, the news is good: Sellers will answer your calls and consider your offer. Michael Orr, director of the Center for Real Estate Theory and Practice told the Economic Club of Phoenix on March 18, 2014 that the current lull in home price increases will continue this year. With investors moving to cheaper markets and young people lukewarm about home ownership, the market is a welcoming place for those few in the mood to buy.
If you are in the market for a house, the news is good: Sellers will answer your calls and consider your offer. Michael Orr, director of the Center for Real Estate Theory and Practice told the Economic Club of Phoenix on March 18, 2014 that the current lull in home price increases will continue this year. With investors moving to cheaper markets and young people lukewarm about home ownership, the market is a welcoming place for those few in the mood to buy. Orr's slides
Listen:
[podcast]
Latest news
- Prices go up while wages go down for Arizonans, according to figures
An ASU economist discusses how rising prices, wage stagnation, and broader economic pressures…
- Chemonics and ASU proved the supply chain talent was already there
A global learning model shows how employers can expand workforce capability through accredited…
- 46 firms accounted for half the wealth generated by the stock market over the past 100 years, researchers say
An ASU finance expert shares insights with CNBC Make It on the long-term concentration of stock…