According to March data, the median sales price of a single family home in Phoenix returned to the December level after a two-month long dip. Michael Orr, director of the Center for Real Estate Theory and Practice and author of the W. P.

January usually claims the dubious distinction as the slowest month of the year, according to Michael Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School, but this year February isn’t much better.

The Arizona economy is predicted to sustain stable, subtle growth over the next year under the Trump administration, according to our economists.

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.

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.

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.

Surging interest in attached homes has the potential to change the character of the city, adding urban density to the sprawling metro area.

The January numbers are out for the Phoenix real estate market and they’re not spectacular. But even when the market is normal, January is slow, says real estate expert Mike Orr. Activity during February and March is signaling growing strength in the market at last.

The February report on the Phoenix real estate market contains welcome news. Recovery is here. That's according to Mike Orr, director of the Center for Real Estate Theory and Practice and author of the monthly housing report.

The high volatility that electrified the Phoenix real estate market over the past few years has been replaced by something more like normality. Change is more gradual.