Recovery underway, but supply and demand out of balance

You could say that Phoenix is a seller’s market this spring, although there’s very little real estate to buy.

Troubled Phoenix real estate market stirring: Prices beginning to rise

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.

Phoenix foreclosures up in November

The unsettled Phoenix metro real estate market saw foreclosures as a share of the market rise to 29 percent in November, according to a report from W. P. Carey School of Business Professor Emeritus Jay Butler.

Lower foreclosure rate, fall season slows Phoenix resale market

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.

Falling foreclosures dampen Phoenix market in September

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.

Phoenix real estate: Foreclosures again the biggest piece of the pie

Good news and bad news from the Phoenix real estate market this month. In August, the absolute number of foreclosures was down compared to a year ago – that’s the good news. But the percentage of the market represented by foreclosures is up -- that's the bad news. W. P.

How to vet potential tenants during a showing.

I have had all manner of tenants in the past, good and bad. With experience, I have developed a successful application process that helps me to find the best possible tenants. After the successful first phone call, now it is time to schedule the showing.

Slow and holding: Autumn in Phoenix real estate market

In the subdued Phoenix real estate market, demand continued weaker than normal, supply was tight and sales transaction volume well below normal. In contrast, the rental market is busy with construction projects in the works to increase supply.

What will energize the subdued real estate market?

A year ago the recovering Phoenix real estate market suddenly shifted to weak, and the market has remained down ever since. We asked Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P.

Rising household formation may buoy real estate market

The U. S. Census Bureau’s household formation report offers hope that the market is regain momentum again, says Mike Orr, director of the Center for real Estate Theory and Practice at the W. P. Carey School of Business.