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Dec 27, 2021

The MultiGreen Way in Phoenix Case Study with Stacy Brimhall

Season 01 | Episode 27

In this episode, Randy C. Norton, Founder and Chairman of MultiGreen and Stacy Brimhall, owner of Langley Properties, explore attaining success in the face of challenges. They review the exceptional growth of Arizona real estate despite shortages of land and water. They also take a personal look into the topic as Stacy recounts how he confronted and conquered very dark times.

(1:17) Land scarcity in the Phoenix Valley
(4:01) Comparing land scarcity in Arizona, California, and Texas
(7:22) Addressing water scarcity in Phoenix
(9:58) Arizona’s economic development and diversification
(12:09) Differing generational skill sets from Baby Boomers to Millennials
(13:46) Extraordinary housing demand in Metro Phoenix
(15:40) Pandemic’s effect on residential home values and rental rates
(18:10) How land scarcity affects Arizona housing markets today
(19:08) Stacy’s experience having depression
(20:42) Stacy’s tips for surviving and thriving, even with depression
(24:22) Advice for developers entering the Arizona market
(25:50) Attainability as an ongoing process

Additional mentions
Sun Belt
Groundwater recharge
Arizona Department of Water Resources
Metroplex
Millennials
Baby Boomers
Stick-built housing
Stacy’s book: “Defeating Depression: One Man’s Fight to Find Joy

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