Things are really slowing down in the Phoenix-area housing market. The Valley of the Sun just experienced its lowest levels of foreclosures and overall resale activity in more than a year. A new report from the W. P. Carey School of Business at Arizona State University reveals the new numbers and questions why this is happening.
Both the Arizona and U.S. economies are on upward trends, and we'll finally start seeing some significant improvement in 2011. That's the consensus from top economic experts who spoke at the 47th Annual Economic Forecast Luncheon, co-sponsored by Arizona State University's W. P. Carey School of Business and JPMorgan Chase. More than 1,000 people attended the popular event at the Phoenix Convention Center.
It's official: The Phoenix-area housing market appears to be experiencing a new downward trend. A new report from the W. P. Carey School of Business at Arizona State University confirms a year-over-year decrease in home prices for the third month in a row. The new dip follows a year of relative stability and may get worse.
Americans have become more and more concerned with the idea of using cleaner energy sources and creating new jobs through the use of solar energy. A new study from the W. P. Carey School of Business at Arizona State University takes a closer look at which states might benefit the most both from generating solar energy and from consuming that energy. These are believed to be the first state rankings of their kind.
Despite talk of economic recovery in the United States, many people here in Arizona are still wondering when we'll finally see some significant improvement. Top experts on both the U.S. and Arizona economies will present their forecasts for 2011 at the Valley's largest and most trusted economic-forecasting event. The 47th Annual Economic Forecast Luncheon, co-sponsored by the Department of Economics at Arizona State University's W. P. Carey School of Business and JPMorgan Chase, will be held Dec. 1.
Foreclosure-related activity continues to dominate the Phoenix-area housing market. A new report from the W. P. Carey School of Business at Arizona State University shows 65 percent of the recorded existing-home transactions last month were either foreclosures or the resales of previously foreclosed-on properties.
Sometimes you just want to watch a rerun of your favorite old TV show or eat a favorite childhood treat. Well, a new study led by two researchers from the W. P. Carey School of Business at Arizona State University shows that deep down, you may be making those nostalgic choices because you're really trying to fulfill a temporary need to belong.
Is the Phoenix-area housing market experiencing a new downward trend? A new report from the W. P. Carey School of Business at Arizona State University reveals a year-over-year decline in home prices for the second month in a row. After a year of relative stability, this is not good news for Valley homeowners.
Two newly released lists applaud the W. P. Carey School of Business at Arizona State University for being one of the best business schools around. The highly regarded Financial Times newspaper just announced it ranks the school's executive MBA program in China as No. 28 in the world. In a new publication, the Princeton Review gives the school high marks and says it has a growing reputation throughout the country.
The Phoenix area just hit an unfortunate record for 2010. According to a new report from the W. P. Carey School of Business at Arizona State University, 46 percent of the total transactions in the existing-home market last month were foreclosures. That's the highest percentage recorded in any month this year. Unfortunately, the report's author predicts even more trouble from foreclosures.