Tag Archives: housing market
Falling Prices, More Foreclosures Plague The Valley’s Housing Market
The housing market in the Phoenix metro area continues to tread through troubled waters. According to a new report from the W. P. Carey School of Business at Arizona State University, the median price for an existing home in the … Continue reading
Shea Homes Again Ranks Highest In Customer Satisfaction Among New-Home Builders In Valley, Report Indicates
For the third straight year, Shea Homes ranks highest in customer satisfaction with new-home builders in the Phoenix market, according to the J.D. Power and Associates 2010 New-Home Builder Customer Satisfaction Study released today. “The downturn of the housing market … Continue reading
Greater Phoenix Economic Forecast 2011: “Painfully Slow”
The economy may be better in 2011 than it was in 2010, but the road to full recovery will remain long and full of potholes. But hey, it could be worse. It could be 2009. That’s according to economist Elliott … Continue reading
The State’s Economic Forecast For The Rest Of The Year Calls For An Agonizingly Slow Recovery
Ready to heave a sigh of relief over Arizona’s economy? Go ahead — but don’t get carried away. Some observers expect the second half of this year will bring positive signs that the economy is recovering, turning the dial toward … Continue reading
CEO Series: Doug Fulton
Doug Fulton CEO, Fulton Homes How would you assess the current state of the home building industry? Today, I would say it’s in recovery. I would definitely say we have hit the bottom and we are experiencing the trough here. … Continue reading
The Worst May Be Past, But The Valley’s Housing Troubles Are Far From Over
When the final tally is concluded and the numbers checked and double-checked, the surprising result will show an almost record year for Phoenix-metro home purchases in 2009. That should produce a sigh of relief to the many who sense the … Continue reading
Hit Harder Than The Rest Of The Nation, The Valley’s Economy Is Starting To Show Faint Signs Of Recovery
Don’t dust off that party hat just yet, but there are early signs that the worst recession in the Valley’s history is easing its stranglehold on the economy. To be sure, as fall approaches and the recession’s two-year mark looms … Continue reading
As Commercial Real Estate Sector Prepares To Be Hit By Recession, Leaders Should Become Proactive
The headlines today have focused on the bailout of the banking industry and the housing market’s severe contraction. Not a lot of attention has been paid to the commercial real estate sector. As with all business cycles, there is a … Continue reading
Southern Arizona Trying To Set The Stage For A Post-Recession Surge
Like the rest of the state, Southern Arizona has been in a recession since 2007, and at least one prominent economist says the situation won’t be getting better anytime soon. “My forecast is that it’s going to take a while … Continue reading
As More People Lose Their Homes, Banks Are Left Holding The Keys
Acquiring real estate through foreclosures is not exactly the type of transaction banks relish. That’s especially true in a down market that is overloaded with raw land and homes — and a paucity of potential buyers. Estimates of the amount … Continue reading
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