michael orr Archives

Single-family home sales hit highest level since 2008

Trilogy at Vistancia, solar homes - AZ Business Magazine May/June 2011

In December, new single-family home sales had their best month since 2008, with $514 million worth of sales, according to the W.P. Carey School of Business at Arizona State University greater Phoenix housing report. Permits for new construction also attained their highest levels since 2008 with 16,768 permits issued in 2015, according to the report, which… Read More →

Phoenix-area Housing Market Officially in Slowdown

Expect those big price increases we’ve seen for Phoenix-area homes to slow down, possibly even stop or reverse a little this year. A new report from the W. P. Carey School of Business at Arizona State University predicts two-plus years of large gains to come to an end in 2014. The latest data for Maricopa… Read More →

Rising Interest Rates Can’t Stop Phoenix Housing Recovery

Rising interest rates don’t appear to be stopping the big comeback in the Phoenix-area housing market. A new report from the W. P. Carey School of Business at Arizona State University reveals highlights for Maricopa and Pinal counties, as of June: * The median single-family-home price rose again to $190,000, up about 27 percent from… Read More →