Daily News: – February 20, 2020

MBA Forecasts Another Record Year for Originations
Commercial and multifamily mortgage originations wrapped up 2019 with the strongest quarter on record since the second quarter of 2007, according to the Mortgage Bankers Association. Fourth quarter originations were up 7 percent over fourth quarter 2018…»
Scottsdale Community Leaders, Including ORION’s Larry Kush, Launch ‘The SCOTT Project’
More than two dozen community, business and education leaders from throughout Scottsdale have formed a group to work on issues that will shape the future of the community.The SCOTT Project is an initiative with roots in the campaigns that were successful in the…»
Phoenix Industrial Market Maintains Low Vacancy Despite Abundance of New Projects
The Greater Phoenix industrial real estate market has a very healthy equilibrium in the midst of bringing millions of new square feet to its inventory, according to a report from Colliers International. Vacancy remains below 10 percent after the city added 6.4 million square feet…»
Where Apartment Renters Faced the Biggest Sticker Shock Over the Past Decade
The past decade saw the longest economic expansion in U.S. history, which helped support record household formation and unprecedented demand for rental apartments throughout the country.To better appreciate the extent of the changes…»
Phoenix Home Sales Skyrocket Nearly 20% in January
Led by Phoenix home sales, last month’s home sales posted the highest year-over-year gain for January in 11 years, increasing an average of 10.5 percent in the 54 metro areas covered by the RE/MAX National Housing Report.…»