housing bubble Archives

No Housing Bubble Right Now in Phoenix


The Phoenix-area housing market is NOT creating another housing bubble to pop anytime soon. The latest monthly report from the W. P. Carey School of Business at Arizona State University shows a lack of enthusiasm from both buyers and sellers. Here are the latest details on Maricopa and Pinal counties, as of July: • The… Read More →

No Housing Bubble for the Phoenix Area?


Despite dramatic home-price boosts, don’t expect another housing bubble anytime soon in the Phoenix area. A new report from the W. P. Carey School of Business at Arizona State University breaks down what’s happening in the Maricopa and Pinal County housing market, as of April: * The median single-family home price climbed again to $181,399,… Read More →

Economic Forecast Calls For Another Year Of Slow Recovery In 2011

Economic forecast
by in Economy | Featured

Arizona’s economic recovery will continue to move at a glacial speed in 2011 — but at least it’s moving. The coming new year will see an increase in job creation, a rise in population and even a modest increase in single-family home permits. However, the consensus among economists at today’s 47th Annual Economic Forecast Luncheon,… Read More →

Can Sustainable Housing Really Be A Part of Arizona’s Future?

Local neighborhood

Perched on the threshold of economic recovery, cities whose housing markets crashed and burned during the Great Recession are struggling like modern-day Phoenix birds to rise from the ashes. While rebirth comes naturally for some, others seem caught between a trap labeled “sprawl” and a wide-open window tagged “sustainability.” The question is, can cities that… Read More →