Phoenix home prices continued to rise in April, up 25 percent over last year, although the number of homes sold declined. A change in the mix of homes for sale and continuing tight supply is contributing to the increase in price.

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.

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.

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.

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.

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.

The housing data for April paints a picture of a quiet market, in sharp contrast to April of a year ago when buyers outnumbered sellers. And, the March rise in single family house prices did not hold for April, when prices were virtually stable.

According to March data, the median sales price of a single family home in Phoenix returned to the December level after a two-month long dip. Michael Orr, director of the Center for Real Estate Theory and Practice and author of the W. P.

Is Phoenix a thriving metropolitan area that offers endless educational opportunities, a healthy job market, innovative companies and an inspiring arts and culture scene? Or is it an Old West town with outdated policies and ideas? Independent of objective facts — how does the world see us?

January usually claims the dubious distinction as the slowest month of the year, according to Michael Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School, but this year February isn’t much better.