Developers are flooding Arizona with homes even as historic Western drought intensifies

An ASU real estate expert points to various reservoirs that could replenish the groundwater but admits there is still a risk due to the sheer scale of development.

Arizona's hot housing market expected to continue into next year

ASU real estate professor says 'Nothing suggests this is a bubble. This is not going to bust.' Thanks to more people moving to the Valley because of employment growth more housing is needed to accommodate new residents.

Luxury housing market booming in Arizona

Real estate has been strong for several reasons. One is that unique, high-end homes are attracting wealthy people to the state because the pandemic has made living in the Valley more attractive to those who have the flexibility and money, according to real estate expert Mark Stapp.

Arizona entrepreneur lays the foundation for real estate ventures

For Jerry Coleman’s positive impact on the local economy through locally owned and operated businesses, the W. P. Carey School honored him with the 2020 Spirit of Enterprise Award.

Hear from successful real estate entrepreneur

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

Metro Phoenix's eviction and foreclosure rates double U.S. average, new report says

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.

Podcast: Foreclosure processing issues increase uncertainty in Phoenix market

In his latest Realty Studies Report, Jay Butler, associate professor of real estate at the W. P. Carey School, finds that 46 percent of the home transactions recorded in Phoenix in September were foreclosures — the highest percentage level of foreclosure activity since March.

Phoenix homebuilders in startup mode: Land is hot again

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.

Snapshot: The Phoenix real estate market

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

Phoenix real estate: January one of slowest in years

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