Phoenix Housing Market Bust, But Not Really

This morning I attended the ASU Real Estate Council event and Mike Orr was the guest panelist.  He shared many new insights into the current lackluster performance of the Phoenix Housing Market and some of the recent causes for the lack of performance. Some interesting facts: -Jan 2011 the Avg Normal Sale/SF was $111/SF -July […]

Recap – Summer Doldrums or the new normal? ASU Real Estate Council Breakfast Meeting

I attended the ASU Real Estate Council hosted event yesterday that Mark Strapp moderated. Pete Bolton at NGKF and Chris Toci at Cushman & Wakefield were the panelists. Here are some interesting points that I walked away with: Apartments/Single Family Market: -There are approx. 240,000 single family rental (SFR) homes in the metro – estimated […]

CCIM Tucson Forecast 2014

I was recently quoted for my attendance at the Southern Arizona CCIM Chapter 23rd Annual Forecast Meeting yesterday. The whole article can be viewed here. The event was well attended and had good information presented on the Tucson Market. I do believe my quote sums up the Tucson Market pretty well, “The Tucson Market appears […]

Phoenix Housing Market – Numbers from ARMLS June 2013

To be a qualified instructor for the Arizona Department of Real Estate, each year I have to attend Instructor Development Workshops. One of the classes I just took was an update on the Phoenix Housing Market. My disclaimer, I am not a residential real estate agent and only work on commercial properties. Having stated that, […]

CCIM INSTITUTE ANNOUNCES PRESIDENTIAL NOMINEES (And I am one of them!)

CHICAGO (June 24, 2013) – CCIM Institute is pleased to announce the candidacy of four outstanding members for the position of 2014 First Vice President. The election will take place at the CCIM Board of Directors meeting on October 24, 2013, in Denver, Colorado. Only the Board of Directors is eligible to vote. Walter S. […]