Real Estate Expert On Phoenix Housing Market

Real estate expert Michael Orr, director of the Center for Real Estate Theory and Practice at the Arizona State University School of Business, says the Phoenix region had 50% fewer homes for sale in May than it did a year earlier.  Previously, foreclosures devastated the market but now multiple offers on homes are common. In the Center for Real Estate Theory and Practice, professors from the Department of Finance study relevant and critical issues of the real estate industry.  “They prepare tools and research that provide valuable and timely information that helps industry participants and community leaders understand the complexity of the market and to make better policy and business decisions.”

About Karen Olson

Information Professional with twenty years experience in legal, public record, and business research. Fifteen years law firm experience.

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