Wall Street Journal cites ASU expert as real estate 'guru'

A recent article published by The Wall Street Journal about Phoenix’s current housing market cites Mike Orr, director of the real estate program at ASU’s W. P. Carey School of Business, as “the region’s go-to housing guru.”

Orr’s latest monthly report on housing data in Phoenix reveals that the market is normalizing. Inventories have stopped falling and home sales are rising, even as the share of properties sold to investors is declining.