Phoenix real estate expert says housing bubble not likely to occur
An ASU real estate expert predicts a slower increase in home prices over the next few months, then some leveling off toward the end of the year. Arizona is still an attractive destination compared to California and other states.
In this story aired April 14, 2022, on Arizona's Family:
We’re still looking like a fairly reasonably priced marketplace, but affordability is the single biggest issue we have, and it’s not an easy one to fix. This is definitely not a bubble, and I don’t think we’ll be in a situation where we’ll see prices plummet at all.
– Mark Stapp, Fred E. Taylor Professor of Real Estate and executive director of the Master of Real Estate Development program
Latest news
- Valley farmland is disappearing — is that bad?
An ASU real estate expert says while agriculture was a main driver of the Valley’s economy for…
- Master's in real estate led alumnus Josiah Byrnes to lifelong career connections
Josiah Byrnes (MRED ’10), President of Embree Capital Markets Group, credits the W. P.
- Arizona community college students can pursue accounting at ASU with help from the Deloitte Foundation
ASU, with the assistance of the Deloitte Foundation, to give select Maricopa Community College…