Surprise housing market on cusp of boom

Lennar has renewed sales at its master planned Asante community in northwest Surprise almost a year ago. /Submitted photo

By Richard Smith | Independent Newsmedia

Home construction and sales in Surprise may never return to the halcyon days of the early 2000s, but signs point to a market about to pop this year.

That was the message delivered by Mike Schwab, principal and designated broker for Scottsdale-based Land Advisors Organization, which primarily sells land and lots to developers.

Mr. Schwab’s area of specialization is in the West Valley. He gave an overview of the Surprise housing market to the city’s Planning and Zoning Commission at its meeting Jan. 19.

Continued:

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