
Obama in Phoenix: Housing market now driving economy
Reporting on President Barack Obama’s January 8 visit to Phoenix, USA Today quoted Mike Orr, director of the Center for Real Estate Theory and Practice, on the president’s announcement that FHA mortgage insurance rates will drop.
Reporting on President Barack Obama’s January 8 visit to Phoenix, USA Today quoted Mike Orr, director of the Center for Real Estate Theory and Practice, on the president’s announcement that Federal Housing Administration mortgage insurance rates will drop.
From USA Today, January 8, 2015: “Mike Orr, real estate analyst with the W. P. Carey School of Business at Arizona State University, said lower insurance premiums is ‘a step in the right direction’ to helping more people buy.”

About Mike Orr
Mike Orr is frequently called on for interviews about the hard-hit Phoenix-area housing market. Orr's popular Cromford Report offers daily analysis of Phoenix-area real estate. As director of the school’s Center for Real Estate Theory and Practice, he is in high demand for media commentary about home sales and foreclosures. His work has appeared in The Wall Street Journal, Bloomberg Businessweek and many other media outlets.
Latest news
- Swiping right on leadership
Whitney Wolfe Herd is reshaping tech to work better for women — beginning with the mission-…
- Tariff engineering: The legal way companies avoid paying higher import taxes
Strategies like tariff engineering benefit companies but hurt consumers, says an ASU economics…
- After WNBA success, Phoenix eyes another slam dunk with 2027 NBA All-Star Game
Similarly to past major sporting events, the upcoming WNBA All-Star Weekend should boost Arizona…