Karen Schutte

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Phoenix-area Housing Buyers Have Options in Improving Market as Supply Increases

Over the past two years, the tight supply of homes for sale in the Phoenix area has helped to dramatically drive up prices. However, a new report from the W. P. Carey School of Business at Arizona State University shows change on the horizon. The data for Maricopa and Pinal counties, as of August, reveals:

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AUGUST CONSTRUCTION SPENDING REPORT IS UNKNOWN BECAUSE OF GOVERNMENT SHUTDOWN

Total construction spending hit an unknown level in August because the Census Bureau was unable to release new data as a result of the federal government shutdown according to the Associated General Contractors of America. Association officials cautioned that the impacts of the shutdown will go beyond data as solicitations for many new construction projects

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