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Phoenix Office Activity Softens

Phoenix Office Activity Softens

Phoenix recorded limited construction starts in early 2025, with only three projects totaling 170,521 sq. ft. underway. No new office deliveries were completed, marking a 100% drop in yearly completions in the metro.
Happy Mother’s Day

Happy Mother’s Day

Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they...
Phoenix-Mesa-Chandler in Early-Spring 2025

Phoenix-Mesa-Chandler in Early-Spring 2025

Active listings ↑ 39.3% yearly New listings ↑ 18.2% yearly Median price $520K ↓ 2.8% yearly Price per sq. ft. ↓ 1.3% yearly Median days on market: 51, ↑ 2 days New listings remained the same yearly.
Recession Odds Spike: US Economy May Shrink 0.8% Q3

Recession Odds Spike: US Economy May Shrink 0.8% Q3

Recession predictions fluctuate, influenced by economic changes, including Trump’s trade war and strong job markets. Goldman Sachs, JPMorgan, and other banks have conflicting recession odds for 2025, ranging from 40% to 90%.