By Bob McClay | KTAR
The Phoenix real estate market is on solid ground, an Arizona State University survey of commercial brokers said.
Every participant in the Commercial Real Estate Broker Forum at ASU’s W.P. Carey School of Business believes the real estate market in Phoenix is moving up.
“Ninety percent of the respondents say that we are in an expansion mode,” Mark Stapp, director of the Master of Real Estate Development Program at the W.P. Carey School, said. “That’s up from 58 percent six months ago, so I think that’s very good. When asked in what direction Phoenix is moving, 100 percent of them said ‘upward.’”
