Page 10 - Mark Stapp News Today

David S. Gangsei, 90, of Pequot Lakes passed away peacefully

David S. Gangsei, 90, of Pequot Lakes passed away peacefully

Popular iBuyer Zillow, which buys houses, renovates them and resells them, has temporarily stopped buying houses due to a labor and supply shortage slowing down renovations.Arizona State University real estate professor Mark Stapp told PBS’s “Arizona Horizons” that home renovation is yet another industry struggling with shortages.“Everybody that's in this business is facing

Valley residents continue to be priced out of the local housing market due to a number of factors that have resulted in a shrinking supply of houses.

According to a new data analysis, construction firms are reporting difficulty finding workers while the costs of materials steadily increases. The combination of factors is causing significant delays in the residential construction market.

Is the Phoenix housing market headed for a crash in 2021? Experts say no and heres why The housing market in Arizona is being fueled by incredible demand with limited supply. But how long will this last? Author: Gabe Trujillo Updated: 1:07 PM MST June 2, 2021 PHOENIX — After 26 years in her home, Kirsten Wesley and her family were looking to find a new place to live. Her old home was full of memories, including the line markings on the wall where she tracked th...

One real estate expert says that, while the trends favor investors, the purchases will inevitably tighten the already existing housing shortage.

Boom or bubble? How long will Phoenixs hot real estate market last After the 2008 real estate crash led to a global downturn, are we in for something similar? Experts say no for now. Author: Tram Mai Updated: 10:26 PM MST May 5, 2021 PHOENIX — With home prices going through the roof right now, it’s hard not to get flashbacks of what happened in 2008, when the housing market crashed after years of a housing boom.  It was one of the worst times in U.S. financi...

The Phoenix real estate market is booming. But its pricing out some home owners, renters The average price for a 2-bedroom apartment in Maricopa County has gone from $908 a month in 2015 to $1,281 a month in 2021, according to the U.S. Census Bureau. Author: Tram Mai Updated: 7:12 AM MST May 5, 2021 PHOENIX — When you think about the booming real estate market in the Phoenix area, you think of a bustling market of happy sellers and a flood of nervous buyers. Bu...

/PRNewswire/ -- To help bridge the diversity gap in the real estate industry, the W. P. Carey School of Business at Arizona State University has partnered with...