In a market with chronic supply shortages, normal demand can drive prices up. That continues to be the case in the Phoenix market, according to Mike Orr, director of the W. P. Carey School’s Center for Real Estate Theory and Practice and author of the monthly Phoenix housing report.

Supply in the Phoenix real estate market rose during January, but only slightly, according to Mike Orr, author of the monthly housing report from the W. P. Carey School of Business.

Mike Orr, author of the monthly housing report issued through the W. P. Carey School of Business, said that developers were busy shopping for land in December.

Criticism of the Phoenix metro area clusters around a few main themes: The city is not sustainable, it’s not walkable and it’s just a giant bedroom community with too much sprawl and too few well-paying jobs. So where does metro Phoenix go from here, on its way to 2035?

The Phoenix real estate market has seen prices rise at a dramatic pace over the past year, but what’s next? Mike Orr, director of the of the Center for Real Estate Theory and Practice at the W. P.

The end of summer brought few surprises in the Phoenix real estate market. Prices were down, as expected, but compared to spring it was a much less frenetic market. Mike Orr, director of the Center for Real Estate Theory and Practice at the W. P.

Real Estate Roundtable: In part two, Mark Stapp, director of the Master of Real Estate Development program, and Jonathan Koppell, dean of ASU’s College of Public Programs discuss the debate over the advisability of writing down underwater mortgages, the role of Ed DeMarco, head of the Federal Hou

Historically, summer in Phoenix has been a sluggish season for the real estate market, and July 2012 has been no exception. Michael Orr, director of the Center for real Estate Theory and Practice at the W. P.

Each year Urban Land Institute Arizona presents “Trends Day” -- a major event designed for professionals in the real estate and development industries -- to inform and to spark discussion about current conditions and the latest thinking in planning, design and development.

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