Arizona is a really unique state.  Up north, you have the pine forests of Flagstaff and Prescott, in the south the high desert of Tucson, and then, of course, the valley between these two high points, Greater Metro Phoenix.  With these diverse biomes comes diverse real estate

In 2018 we have seen the beginning of trade wars between the United States and other countries.  Many of these new trade wars are impacting the housing market with tariffs on steel, aluminum, and – the big one – lumber.  Because of the tariffs on Canadian lumber,

In recent news, there have been stories on lumber tariffs continuing to increase the cost of lumber and other construction development supplies. This, in turn, has made it more expensive for developers to complete new construction and has also made it difficult to stick to the budget

Economists agree that we are heading towards a recession.  They don’t know exactly when it will hit and what will cause it is still vague, but it is coming and something to expect.  This isn’t something new however, our economy tends to work itself into a cycle

The Phoenix Metro Area’s West Valley was hit hard during the great recession.  Tract home developments were halted and deserted, home prices dropped, and commercial properties had increasing vacancy rates.  The West Valley became a ghost town in some places, and in others, it had little life.