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Is the Phoenix housing market headed for a crash in 2021? Experts say no and here's 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 the growth of her kids. And now, she was looking for the perfect home to make new memories in. But af...

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 Phoenix's 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. financial history and many are concerned it could happen again.  Back then, too many people had taken on ...

The Phoenix real estate market is booming. But it's 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. But what about those who aren't looking to buy or sell a new home? The current market has a consequen...

/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...