More than two years of rising prices in the Phoenix real estate market appear to be coming to an end, says Michael Orr, director of the Center for Real Estate Theory and practice and author of the monthly housing report.

A group of the Valley’s most successful brokers, meeting at a real estate forum at the W. P. Carey School of Business, agree that although the commercial real estate market is recovering, improvement will be slow.

Making sense of the Phoenix real estate market requires an understanding of sales data, demographics and trends. On January 25, 2013, the W. P. Carey School of Business and The Arizona Republic assembled a panel of experts, each with depth knowledge of a different facet of the market.

The numbers are in for real estate activity in the Greater Phoenix area in November 2013, and they show that the cooling that began this summer continued through the first of December. Michael Orr, director of the Center for Real Estate Theory and Practice at the W. P.

The Phoenix real estate market, known in recent years for its volatility, is ending the year on a quiet note. According to Mike Orr, author of the W. P.

To many the Valley is synonymous with golf. Green fairways and upscale clubhouses lure homebuyers and vacationers to golf courses here —in the middle of the desert — but the state of the economy and a decline in play are threatening to turn many courses brown.

Is the economic recovery already over? Are we heading into another recession? Experts posed these questions to the crowd during a panel discussion about real estate finance hosted by the W. P. Carey School of Business and the ASU Real Estate Council.

Home prices in Phoenix started to rise from the summer doldrums in September and supply is also increasing, according to the latest Greater Phoenix Housing report from the W. P. Carey School’s Center for Real Estate Theory and Practice.

Supply in the Phoenix real estate market is not yet back to normal, but it is clearly getting much stronger. Demand, meantime, has cooled as investor interest wanes and ordinary homebuyers hang back.

 Rumblings in the media hint that rising home prices could be the start of a new bubble, but real estate expert Mike Orr says that researchers who are examining the data don’t believe it. Instead, he says Phoenix is experiencing a market come back.