Some real estate commentators are making ominous predictions that the market is once again inflating like a bubble. But Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School of Business, says there is no evidence in the data to support their assertions.

Development is re-awakening in Phoenix following a pause in activity that was enforced by the recession.

Historically, the heat of summer wilts the Phoenix housing market, a phenomenon reflected in the June housing report from the Center for Real Estate Theory and Practice at the W. P. Carey School of Business.

The so-called millennials, like the baby boomers before them, are causing major shifts as they move through life’s stages. And while boomer retirement is impacting the economy, the millennials are poised to drive even more change.

In the last 12 months major changes have emerged in the troubled Phoenix real estate market — changes that have gone largely unrecognized by the shell-shocked public.

Real estate expert Michael Orr favors price per square foot over median price when tracking changes in the Maricopa and Pinal County market. That’s because price per square foot reveals incrementally small price changes, allowing us to see movement long before median price is affected.

The end of summer brought few surprises in the Phoenix real estate market. Prices were down, as expected, but compared to spring it was a much less frenetic market. Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P.

Real Estate Roundtable: In part two, Mark Stapp, director of the Master of Real Estate Development program, and Jonathan Koppell, dean of ASU’s College of Public Programs discuss the debate over the advisability of writing down underwater mortgages, the role of Ed DeMarco, head of the Federal Hou

Sales activity in the Phoenix real estate market slowed significantly between August and September -- largely due to a drop in foreclosure activity -- according to the monthly housing report issued by the W. P. Carey School of Business.

Activity in the Phoenix real estate market dropped in October – a dynamic as seasonal as the cooling temperatures, because in most years sales slow as the holidays approach. A decline in foreclosures was responsible for part of the overall slowing, according to the report authored by W. P.