More than two years of rising prices in the Phoenix real estate market appear to be coming to an end, says Michael Orr, director of the Center for Real Estate Theory and practice and author of the monthly housing report.

January — usually the slowest month of the year for home sales — turned out to be the second quietest in 14 years.

If you are in the market for a house, the news is good: Sellers will answer your calls and consider your offer.

The Phoenix real estate market, known in recent years for its volatility, is ending the year on a quiet note. According to Mike Orr, author of the W. P.

To many the Valley is synonymous with golf. Green fairways and upscale clubhouses lure homebuyers and vacationers to golf courses here —in the middle of the desert — but the state of the economy and a decline in play are threatening to turn many courses brown.

With prices on the rise and population growing faster than other places, Phoenix is once again looking good to homebuilders. That means land is very desirable — especially lots ready for development. In this podcast, Mike Orr, director of the Center for Real Estate Theory and Practice at the W.

Although many people may find it hard to believe, the Phoenix area is facing a growing housing shortage, according to real estate experts Mike Orr and Mark Stapp from the W. P. Carey School of Business, who were featured speakers at a forum on April 6.

 Rumblings in the media hint that rising home prices could be the start of a new bubble, but real estate expert Mike Orr says that researchers who are examining the data don’t believe it. Instead, he says Phoenix is experiencing a market come back.

Supply in the Phoenix real estate market is not yet back to normal, but it is clearly getting much stronger. Demand, meantime, has cooled as investor interest wanes and ordinary homebuyers hang back.

Home prices in Phoenix started to rise from the summer doldrums in September and supply is also increasing, according to the latest Greater Phoenix Housing report from the W. P. Carey School’s Center for Real Estate Theory and Practice.