As the Valley's battered real estate market transitions into recovery, Arizona State University has hired an analyst who will produce more information for the public to understand this often volatile industry.

A report issued by the W.P. Carey School of Business at Arizona State University indicates the recent upswing in home prices has come at a steady, sustainable pace, meaning homeowners should not expect another bubble to burst.

Valley home prices have skyrocketed by nearly one-third in the past year as a growing shortage of units for sale keeps boosting housing values.

Valley home prices continue to rise swiftly but fewer homes are selling as the supply of for-sale properties is shrinking, according to an Arizona State University study.

As the Valley's battered real estate market transitions into recovery, Arizona State University has hired an analyst who will produce more information for the public to understand this often volatile industry.

A dramatic housing turnaround is taking hold, with the glut of homes for sale in the Valley plummeting 42 percent in the last year.

Foreclosures are dramatically down in the Phoenix-area housing market. This means fewer cheap homes coming onto the market, prices rising for the sixth month in a row as a result, and many buyers finally starting to turn their attention from bargain resale homes to new-home sales. A new report from the W. P. Carey School of Business at Arizona State University reveals some trends for Maricopa and Pinal counties, as of March:

Phoenix-area home prices crept up slightly in the past month and so did the supply of available homes.

A new report from the W.P. Carey School of Business at Arizona State University finds that home prices are rising and foreclosures are declining in the Phoenix-area housing market.

The moment Ben Bruce stepped into the living room of a new, 1,750-square-foot condo in Flagstaff, he knew he was home.

Real estate experts predict the Valley’s years-long housing glut is reaching its end and, as early as this spring, could stun home buyers by transforming into a shortage.

Gilbert is the most popular place in the Valley to buy a new home, with more than twice as many houses sold there in March than any other city in the metro area.

The East Valley housing market is starting to see a turnaround in home sale prices.

Home prices are “inching up” in the Valley according to a new report from the W. P. Carey School of Business at Arizona State University.

The dramatic rise in Phoenix-area home prices in the past year has ended.

October 1, 2004

Home prices are expected to continue their rise — in the East Valley in particular — as a shortage of available homes creates an imbalance in the market, according to a report released last week by the W. P. Carey School of Business at Arizona State University.

March 18, 2005

A massive development that stalled in the recession will come to life next year, starting with 800 homes and the first stage of a mile-long park on the site of the former General Motors Proving Grounds in Mesa.

May 12, 2005

Just a year ago, David Vega's north Chandler neighborhood was a friendly place where the longtime residents knew one another and held block parties. Not so, these days.

Christina Hamelton can see two for-sale signs from the front porch of her home in the Indigo Trails community off Ocotillo Road in Queen Creek.

Bert Brinton and his neighbors have been lucky.

Kathy Willis has lived in her east Mesa neighborhood long enough to be able to easily rattle off names of pretty much each family living on her street. Over the last couple of years, she's also witnessed some of them become foreclosure victims, their empty homes a reminder of the sign of the times.