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2012 Real Estate Forecast Metropolitan Phoenix Arizona


2012 Real Estate Forecast Metropolitan Phoenix Arizona. On behalf of all our real estate professionals, I would like to thank you, our Clients and Colleagues, for your support and trust. Our relationship with you is the thing we value most and will never take for granted. For 2012 our promise is to help you meet your real estate goals now and in the future, taking advantage of every available opportunity. As a firm we are about to start our 40th year in business in Phoenix with what I believe is the best team in the industry. While we continued to face economic challenges in 2011, there is no doubt that we saw growth and stability in nearly every sector of the Arizona commercial real estate market. Multi-Family, Industrial and Capital Markets led the way with strong sale and absorption numbers. We believe that while the growth in Office, Retail and Land has been slower to return, there are definite signs of life in the market. As we look ahead to 2012 we anticipate continued improvement and hope that the year-end news of four straight months of job growth and improvement in the residential housing market are all signs that we are moving forward in our recovery. We are beginning the New Year in our elegant, remodeled office space. We survived the purging, packing and construction and the end result is we have a first class space that reflects the caliber of people inside of it. You are invited to come by anytime and see the new office. 2012 will bring one more transformation as we complete our rebranding efforts by dropping the BRE Commercial portion of our name. Along with our Western counterparts in Southern California, Northern California and Denver, we will be known as Cassidy Turley, leveraging the outstanding reputation and expertise of the company we are so proud to be a part of.

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