After two months of positive news, the Phoenix-area housing market is backsliding a bit, with a higher level of foreclosures. The latest Realty Studies report from the W. P. Carey School of Business at Arizona State University shows foreclosures accounted for 36 percent of the existing-home market activity in June. That's up from 33 percent in May.
The Fourth of July is a time for celebrating our nation's freedom, which is largely due to the dedication and sacrifice of our veterans. Right now, the head of Arizona State University's Master of Real Estate Development (MRED) program and several new graduates of the program are working to help create a special community where veterans can come together in a supportive environment and transition from military to civilian life. The community would specifically meet the needs of those suffering from post-traumatic stress disorder and brain injuries from America's most recent conflicts.
Some of the top business leaders in China are taking home diplomas from the W. P. Carey School of Business at Arizona State University. Over the weekend, 82 students graduated from the school's prestigious executive MBA program in Shanghai, ranked among the best in the world. At their "day jobs," the impressive class is in charge of the financial equivalent of 10 percent of China's gross domestic product.
Many college students aren't able to complete their degrees, due to circumstances like the economy, family crises or other pressing issues. The W. P. Carey School of Business at Arizona State University is introducing a new program aimed at making it as convenient as possible for these students to finish their education. The highly ranked business school is offering its first-ever undergraduate business degree online.
The Phoenix-area housing market -- hit especially hard by the recession -- has been experiencing some price increases lately, but those may soon be coming to an end. A new report from the W. P. Carey School of Business at Arizona State University confirms the first year-over-year increase in home values marketwide happened back in April, after three years in negative territory. Continued upward momentum followed in May. However, this could be short-lived.
As people around the world decide to "go green," businesses are also working to conserve energy and make our natural resources last longer. In order to prepare students to help their companies become more sustainable, the W. P. Carey School of Business is introducing sustainability as one of its new areas of emphasis for MBA students. Innovative new leadership coursework, international electives and scholarship opportunities are also being introduced this fall.
Decades before health care reform became a household phrase, Professor Eugene Schneller was pioneering fields that would play a key role in reducing the costs of health care. Schneller, who teaches at the W. P. Carey School of Business at Arizona State University, just received a major prize for leadership in education. Since his career started in the 1970s, he has helped to improve quality and access to care, and he recently helped bring the concept of health care supply chain management -- choosing the most cost-effective products -- to the forefront.
Foreclosures as a share of the overall Phoenix-area resale-housing market activity are declining. The latest Realty Studies report from the W. P. Carey School of Business at Arizona State University explains the number of foreclosures has gone down from 40 percent of the market's recorded activity in March to 33 percent in May. However, will the drops continue?
For the first time in three years, Phoenix-area housing prices are showing an overall year-over-year increase for the market. A new report from the W. P. Carey School of Business contains positive news for Valley homeowners, who have been waiting for relief from dropping home values.
People are especially interested in saving money at the grocery store now, due to the rough economy. Most know that buying the store brand or private label, also known as the "generic brand," can save you cash. However, a new study from the W. P. Carey School of Business at Arizona State University suggests the simple presence of the store brand can save you money, even if you don't buy it.