Rounds Consulting Update for ORION Private Client Event Last Night at Gainey Ranch
Last night, ORION hosted our first ever Economic Update with Jim Rounds, of Rounds Consulting. I have known Jim since his days with another well known local economist, Elliot Pollack. Jim is featured on several local news radios and has become one of our local leading voices for Economic Updates for the Valley and State. […]
Today’s News 9-18-2025
West Valley dominates Phoenix metro land transactions, study reveals $3.2B in sales Land buys in the West Valley represented 53% of all land transactions across metro Phoenix, representing $3.234 billion in sales over the past 12 months, according to a new study by Land Advisors Organization. The East Valley represented 33% of land transactions totaling […]
Today’s News 9-17-2025
Investors Stay Selective as Multifamily Cap Rates Edge Higher Investors are seeing opportunities in multifamily markets with durable job growth and limited new deliveries, but they remain highly selective about where they choose to invest, according to Crexi’s August 2025 report. Median cap rates for multifamily properties sold rose slightly to 6.36% while asking cap […]
Today’s News 9-16-2025
Arizona is the big winner of the latest job data revision The Bureau of Labor Statistics recently released a preliminary look at its benchmark revision of annual job data, estimating that total U.S. nonfarm employment in March 2025 was 911,000 jobs lower than previously reported. While the 0.6% downward revision was the largest since 2009, […]
Today’s News 9-15-2025
New Rentals Fill Faster in Early 2025 Despite Ongoing Supply Surge New apartments were rented slightly faster in the first quarter of 2025 than in the second half of 2024, offering a brief but significant pause in what had been a long downward trend in absorption rates. In the first quarter, 48 percent of newly […]
Today’s News 9-12-2025
Job Revision Wipes Out 911,000 Positions, Fueling CRE Uncertainty The government’s latest annual job revision landed with a thud, wiping out 911,000 positions from the previous count—a 0.6% drop that marks the steepest adjustment in a decade. The sheer size of the revision is rattling economists, raising fresh questions for commercial real estate and the […]