Slow and holding: Autumn in Phoenix real estate market
In the subdued Phoenix real estate market, demand continued weaker than normal, supply was tight and sales transaction volume well below normal. In contrast, the rental market is busy with construction projects in the works to increase supply.
What will energize the subdued real estate market?
A year ago the recovering Phoenix real estate market suddenly shifted to weak, and the market has remained down ever since. We asked Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P.
Rising household formation may buoy real estate market
The U. S. Census Bureau’s household formation report offers hope that the market is regain momentum again, says Mike Orr, director of the Center for real Estate Theory and Practice at the W. P. Carey School of Business.
Although sleepy, housing market shows signs of health
The housing data for April paints a picture of a quiet market, in sharp contrast to April of a year ago when buyers outnumbered sellers. And, the March rise in single family house prices did not hold for April, when prices were virtually stable.
Real estate market lifts, but recovery still a year away
According to March data, the median sales price of a single family home in Phoenix returned to the December level after a two-month long dip. Michael Orr, director of the Center for Real Estate Theory and Practice and author of the W. P.
What is the Phoenix brand?
Is Phoenix a thriving metropolitan area that offers endless educational opportunities, a healthy job market, innovative companies and an inspiring arts and culture scene? Or is it an Old West town with outdated policies and ideas? Independent of objective facts — how does the world see us?
No early spring for Phoenix real estate
January usually claims the dubious distinction as the slowest month of the year, according to Michael Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School, but this year February isn’t much better.
The brand: Phoenix rising from ashes or more?
A logo is a graphic representation of a brand. Logo designs are intended to evoke a brand’s promise: the benefits and experiences consumers expect from the service or product. Since Phoenix logo is a mythical bird rising from the ashes, what does the logo of Phoenix say about who we are?
Will Trump policies help or hurt Arizona economy? Experts weigh in
The Arizona economy is predicted to sustain stable, subtle growth over the next year under the Trump administration, according to our economists.
2017 economic forecast: Forging ahead in the Trump economy
Dennis Hoffman, Lee McPheters, and Mark Stapp from ASU’s W. P. Carey School of Business addressed all the big issues and provided the first look at the local and national economy in 2018 at the Annual Economic Luncheon.