Home prices are rising coast to coast and are outstripping wages and rents. Some say it's another housing bubble. But it's nothing like the mid-2000s, according to an ASU real estate expert.

Real estate expert says January and the months that follow could be unprecedented when it comes to evictions in the U.S.

Arizona companies are gradually reopening. While some are keeping with the work-from-home model, many are returning to a coworking or open office model, which is good for workplace efficiency but tough to manage during the pandemic, according to Fred E.

Jerry Coleman, co-founder of several Arizona real estate businesses, keynotes ASU event honoring him for Spirit of Enterprise Award.

Mark Stapp, director of the Master of Real Estate Development program, says a recently published study confirms Arizona's low-cost housing issue is more unfavorable than people in the Valley metro know.

Real estate sales in the Phoenix area this summer hit a record not seen since 2007. An ASU real estate expert says many factors are leading to this boom.

Mark Stapp, director of the Master of Real Estate Development program, says too many renters are in danger of being evicted and something needs to be done to help them and their landlords.

How much the Valley's housing market cools will depend on how many people receive benefits from the government stimulus package and if those benefits are enough to help people avoid credit problems, evictions, foreclosures, and taking on more credit-card debt.

It's difficult to determine how the coronavirus will affect real estate without knowing how long the pandemic will last and its effect. Mark Stapp, executive director of the Master of Real Estate Development program, says it's severe and unlike anything we have experienced in recent times.

Director of the Master of Real Estate Development program Mark Stapp says new homes are at critical lows in many metro areas, but especially in Phoenix.