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.
Real estate investment trusts (REITs) vs. real estate investing: Which fits your style?
A real estate investment trust (REIT) is a particular type of company that owns and manages an income-producing property and provides the average person an opportunity to invest in commercial property.
Will Brexit negatively affect US commercial real estate landscape?
Commercial Property Executive quoted Real Estate Professor Mark Stapp in their article about the effects of the Brexit: the United Kingdom's exist from the European Union.
New home sales best since 2008
The numbers are in, and the real estate market finished 2015 on a high point, especially for new home sales. December was the strongest month for new home sales since 2008, with nearly 1,500 newly built homes recorded. That’s up 45 percent from November and 58 percent from December 2014.
Optimism in the Phoenix housing market
Optimism prevails in the Phoenix real estate market, according to expert Mike Orr, speaking at the Economic Club of Phoenix. Overall supply, which has been low, is now 77 percent of normal and rising fast, he said. But demand is 99 percent normal, which means prices are rising.
'The Big Short' evokes big tears, bad memories
Michael Orr, director of the Center for Real Estate Theory and Practice, relives the housing crash while watching the Oscar-nominated film “The Big Short” with The Arizona Republic’s Catherine Reagor.
Luxury sector slumbers in second half 2015
The 2015 real estate market in Phoenix took off in the first week of February 2015, but quieted down beginning in July to finish the year on a less exciting, steady-as-you-go pace.