Mike Orr Archives

Arizona added 100,000 residents in 2015

phoenix

Arizona’s population grew by nearly 100,000 in 2015, driven largely by growth in Maricopa County which saw the second-largest increase among counties in the nation, according to new Census Bureau estimates. The bureau’s 2015 population estimates for counties and metro areas also said that Maricopa finished first in the nation for net domestic migration growth… Read More →

Experts see a stronger year in Phoenix housing market

homes

The spring weather isn’t the only thing that’s favorable in Arizona. “The biggest overall trend we see in residential real estate is the market trending upward from relief to optimism,” says Matt Widdows, founder of HomeSmart International. “We are continuing to see an uptake in the market across the board. Housing prices are on the… Read More →

Valley Partnership reveals reality of residential real estate

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Valley Partnership has announced the topic for its upcoming monthly breakfast on Friday, April 17. The month’s program will feature an update on the Valley’s residential real estate market in 2014. Panelists will discuss whether 2015 will be more of the same or if the industry will finally see the uptick many believe is around… Read More →

Expect a stronger spring in the Phoenix housing market

Luxury Home - AZ Business Magazine November 2008

Expect to see a stronger spring this year in the Phoenix housing market than we saw last year. January was the “lull before the storm,” according to the latest monthly report from the W. P. Carey School of Business at Arizona State University. Here are the highlights of that report on Maricopa and Pinal counties… Read More →

Phoenix-area housing market sees uptick

housing.prices

The sluggish Phoenix-area housing market just got a pleasant surprise. New figures show a sudden uptick in buyer demand, with a significant boost in homes under contract since late January. “I do NOT think this has anything to do with the crowds that came in for the recent Super Bowl in Arizona, but that is… Read More →

Phoenix home prices rose 5 percent in 2014

housing.prices

The final numbers are out for 2014, and the median single-family-home prices in the Phoenix area officially went up 5.4 percent. That’s according to the latest monthly report from the W. P. Carey School of Business at Arizona State University. Here are the highlights of that report on Maricopa and Pinal counties, as of December:… Read More →

Are investors returning to Phoenix housing market?

housing.prices

Investors appear to be returning to the Phoenix-area housing market. The latest monthly report from the W. P. Carey School of Business at Arizona State University examines that new trend, as well as the possibility of a future supply problem. Here are the highlights of the new report on Maricopa and Pinal counties, as of… Read More →

How to survive the Phoenix-area housing market

Phoenix-Area Housing Market

The new year brings new challenges for those who want to buy or sell homes in the Phoenix area. Do you know what to expect? The Arizona Republic and the ASU Real Estate Council at the W. P. Carey School of Business will host an event Saturday, Jan. 17 to help you find out the… Read More →

Phoenix housing market ending relatively flat year

housing.prices
by in Blogs

After several years of wild roller-coaster activity, the Phoenix-area housing market is ready to end a relatively flat year. That’s according to the latest monthly report from the W. P. Carey School of Business at Arizona State University. Here are the highlights of the new report on Maricopa and Pinal counties, as of October: •… Read More →

Metro Phoenix Land and Housing Forecast examines ‘refined opportunity’

Land Advisors, WEB

While the industry has experienced sub-par housing activity over the past 11 months, the anticipated pace of growth going forward depends on a few factors, not the least of which is credit and qualification conditions, household formation, employment growth, the cost of new construction and outsiders’ perceptions of the local market. What are the expectations… Read More →

Could Looser Lending Standards Boost Phoenix Market?

housing.prices

Will banks start to drop their standards and let people with slightly lower credit scores and much lower down payments buy homes? That’s the big question, after the Federal Deposit Insurance Corporation (FDIC) and other agencies voted to approve new, looser lending rules this week. A well-known expert from the W. P. Carey School of… Read More →

Boomers looking to downsize, but keep favorite amenities

Villas-Models

The residential real estate market is about to go “boom.” According to AARP, for the next 18 years, Baby Boomers will be turning 65 at a rate of about 8,000 a day. That’s a lot of homeowners who may be thinking about unloading their large family homes. “It is often misleading to generalize for a whole… Read More →

No Housing Bubble Right Now in Phoenix

housing

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 →

Phoenix Housing Market in a Slump

housing

The Phoenix-area housing market is officially in a slump. That’s according to a new report from the W. P. Carey School of Business at Arizona State University, which reveals the latest details on Maricopa and Pinal counties, as of June: * Though the median single-family home price went up 11 percent from last June, the… Read More →