New home sales best since 2008

The numbers are in, and the real estate market finished 2015 on a high point, especially for new home sales. December was the strongest month for new home sales since 2008, with nearly 1,500 newly built homes recorded. That’s up 45 percent from November and 58 percent from December 2014.

Will Brexit negatively affect US commercial real estate landscape?

Commercial Property Executive quoted Real Estate Professor Mark Stapp in their article about the effects of the Brexit: the United Kingdom's exist from the European Union.

Real estate investment trusts (REITs) vs. real estate investing: Which fits your style?

A real estate investment trust (REIT) is a particular type of company that owns and manages an income-producing property and provides the average person an opportunity to invest in commercial property.

2017 economic forecast: Forging ahead in the Trump economy

Dennis Hoffman, Lee McPheters, and Mark Stapp from ASU’s W. P. Carey School of Business addressed all the big issues and provided the first look at the local and national economy in 2018 at the Annual Economic Luncheon.

Hot in Phoenix: July housing sales up

Most years, the desert heat holds back buyers in the Phoenix real estate market, but not this year. Sales of single family homes were up 20 percent over July of last year, and townhouses rose even more.

Phoenix real estate sales heated up in June

The real estate market fluctuates with the seasons, and the lead up to summer — a popular time to move — is usually busy. This year June was the prize-winner with exceptionally strong sales.

In business, it's always election season

As entrepreneurs and small business owners, it’s not what you think that matters, it’s what others think. In a sense, every day is “election day” for your business, because when customers buy or use your product or service it’s as if they were voting for you. So how do attract votes?

Phoenix real estate market closing 2014 on a slow note

There has been little change in the Greater Phoenix real estate market for the last year, and the October numbers show a continuation of the trend, according to Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School of Business.

Is it spring in the Phoenix real estate market?

The Phoenix metro area has a history of rapid price increases and breath-taking drops, so to longtime observers the currently calm market may seem — well — dull. But experts at the “Phoenix Housing Market Explained III,” hosted by the W. P.

Obama in Phoenix: Housing market now driving economy

Reporting on President Barack Obama’s January 8 visit to Phoenix, USA Today quoted Mike Orr, director of the Center for Real Estate Theory and Practice, on the president’s announcement that FHA mortgage insurance rates will drop.