With prices on the rise and population growing faster than other places, Phoenix is once again looking good to homebuilders. That means land is very desirable — especially lots ready for development. In this podcast, Mike Orr, director of the Center for Real Estate Theory and Practice at the W.

Although many people may find it hard to believe, the Phoenix area is facing a growing housing shortage, according to real estate experts Mike Orr and Mark Stapp from the W. P. Carey School of Business, who were featured speakers at a forum on April 6.

 Rumblings in the media hint that rising home prices could be the start of a new bubble, but real estate expert Mike Orr says that researchers who are examining the data don’t believe it. Instead, he says Phoenix is experiencing a market come back.

Supply in the Phoenix real estate market is not yet back to normal, but it is clearly getting much stronger. Demand, meantime, has cooled as investor interest wanes and ordinary homebuyers hang back.

One of the important elements of the Master of Real Estate Development (MRED) program at ASU's W. P. Carey School of Business is teaching and preparing development professionals to be industry leaders. There is no more important role.

Home prices in Phoenix started to rise from the summer doldrums in September and supply is also increasing, according to the latest Greater Phoenix Housing report from the W. P. Carey School’s Center for Real Estate Theory and Practice.

Is the economic recovery already over? Are we heading into another recession? Experts posed these questions to the crowd during a panel discussion about real estate finance hosted by the W. P. Carey School of Business and the ASU Real Estate Council.

This fall, the Center for Real Estate Theory and Practice at the W. P. Carey School of Business enlisted brokers to provide a new window onto the Phoenix real estate market.

Mike Orr, author of the monthly housing report issued through the W. P. Carey School of Business, said that developers were busy shopping for land in December.

Criticism of the Phoenix metro area clusters around a few main themes: The city is not sustainable, it’s not walkable and it’s just a giant bedroom community with too much sprawl and too few well-paying jobs. So where does metro Phoenix go from here, on its way to 2035?