Phoenix real estate: In uncharted territory
The resale season starts in March with an upswing in real estate transactions, but last month's numbers were much higher than might be expected if this were a "normal" year. Jay Butler, associate professor of real estate at the W. P. Carey School, complies the monthly Realty Studies report for the Phoenix metro area. He notes that a promising trend toward fewer foreclosures appears to have shifted. The difficulty in projecting what will happen next is that we've never been in this place before. Here's what he has to say about those March numbers.
The resale season starts in March with an upswing in real estate transactions, but last month's numbers were much higher than might be expected if this were a "normal" year. Jay Q. Butler, associate professor of real estate at the W. P. Carey School, complies the monthly Realty Studies report for the Phoenix metro area.
He notes that a promising trend toward fewer foreclosures appears to have shifted. The difficulty in projecting what will happen next is that we've never been in this place before. Here's what he has to say about those March numbers.
Latest news
- Data-driven master’s program prepared alum Everson Wimer for career success in public accounting
Everson Wimer (MACC '24) chose to pursue accounting because he wanted to understand the language…
- If you'd put $1,000 into Microsoft stock 20 years ago, here's what you'd have today
According to an ASU expert's research, Microsoft was one of the most successful stocks between…
- W. P. Carey spotlights second-year IS faculty achievements and goals
The Department of Information Systems at the W. P.