by Brad McMillan of Commonwealth Financial Network Today, I want to revisit a post I wrote just over two years ago. I’ve updated some of the data, but the concerns and the conclusions remain timely. In keeping with one of my recurring themes, this is also an example of how…
Courtesy of Eric Jay Toll Reporter Phoenix Business Journal Eight Arizona cities are rising in the ranks of healthiest housing markets in the U.S., according to a WalletHub study. They all landed in the top 50 healthiest U.S. housing markets for comparably sized cities based on population. Gilbert, a midsize city, ranked…
Courtesy of Mike Sunnucks Senior Reporter Phoenix Business Journal Phoenix home prices are up for a seventh straight month compared to year earlier, according to the much-watched Standard & Poor’s/Case-Shiller Home Price Index. Phoenix’s growth rate in the most recent Case-Shiller report is 4.1 percent compared to a year earlier. That is…
Courtesy of Mike Sunnucks Senior Reporter Phoenix Business Journal Demand for rental homes remains strong in the Phoenix area. Monthly rents are up and the supply of rental homes is down across metro Phoenix, according to Arizona State University economist and housing expert Michael Orr. Orr, director of ASU’s Center for Real Estate…