Andy Warren: ‘We are having a lumpy recovery’

Screen Shot 2014-11-14 at 9.57.52 AMBy Mike Sunnucks | Phoenix Business Journal

The housing market continues to zig-zag but unfortunately its latest zag is in slow motion, according to one of the region’s leading home builders.

Andy Warren, president of Scottsdale-based Maracay Homes, said the real estate picture has been ebbing and flowing a lot since the recession. Lately, it’s just been ebbing with prices, demand and sales activity having slowed.

“We are experiencing a sort of zig-zagging pendulum effect,” said Warren.

Continued:

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