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National New Home Construction

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    Granger MacDonald National Association of Home Builders   Against a backdrop of modest economic growth, the U.S. housing market is on target to produce about 1.2 million new units — 855,000 single-family and 379,000 multifamily — this year as it continues its slow recovery from the depths of the Great Recession. At present,… Read more

Valley Of The Sun: A New Home Market Leader

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  Gregory Burger RL Brown Reports   There has been a great amount of focus on resale housing; however, the new home market has gained substantial momentum over the last few years. Today, there are approximately 147 builders and 752 subdivisions offering more than 4000 different floor plans valley wide. These plans include attached for… Read more

Words From Sharon Wolcott, Mayor of Surprise

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Mayor of Surprise   Surprise is an active community of more than130,000 residents  who enjoy new housing,incredible retail and restaurants, and award winning recreational amenities – including a Spring Training baseball stadium, one of the largest municipal tennis complexes in the country, and nearly 30 thousand acres of hiking trails at White Tank Mountain. Surprise… Read more

Words From Steve Watson, Maricopa County School Superintendent

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  Steve Watson Maricopa County School Superintendent   In 2008, Google pulled out of Phoenix. Rumors circulated that it was due to a lack of qualified engineers. Whether this was true or not, it signaled a wave of deep concern about the quality of education in our communities. In 2011, former Intel CEO Craig Barrett… Read more

A Message From Secretary of State, Michele Reagan

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    Arizona Secretary of State Michele Reagan   I would have thought the house on the corner of my street would have sold overnight. Yet the,“I’M GOURGEOUS INSIDE” rider has been up for weeks. Every couple of days I’ll see a car or two out front with potential buyers checking out the house with… Read more

Market Summary

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  Michael Orr Founder and Owner, The Cromford Report     We see a housing market in Greater Phoenix that is continuing to strengthen almost across the board. Many of the trends that were visible in 2015 and 2016 have continued into 2017 with little change except they have become more apparent. At the affordable… Read more

Arizona Multifamily Market Trends and Investments

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                                   By John Kobierowski and Thomas Brophy, ABI Multifamily Despite stocks hitting all-time highs, markets across the globe have been prone to ever increasing volatility fits. As a result, middle age-to-older market investors have been switching to a combination… Read more

Stocks: A Mid-Year Review

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Paul Ohanian Founder and CEO, Scottsdale Wealth Planning, Inc.   As 2Q 2017 draws to a close and with it a half year of attention-grabbing headlines of stock market highs – what’s next? At this point in the year, I have observed the highlights of 2017 without succumbing to the temptation of trying to predict… Read more

Words From Mark Mitchell, Mayor of Tempe

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Mayor of Tempe, Mark Mitchell   Tempe is often described as a vibrant and progressive college town that is always on the move. While Tempe and our hometown university, Arizona State, have an innovative partnership, we have become much more than a college town. Top employers of all sizes continue to choose Tempe. Our investments… Read more

Greater Phoenix Economic Update

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Chris Camacho President and CEO, Greater Phoenix Economic Council   Growth is nothing new to the Greater Phoenix market. For decades, the region has led the nation in population growth. Recent data from the Census moved Phoenix up as the 5th largest city in the nation, displacing Philadelphia, much to their dismay. However, since the… Read more

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