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Things to consider in this shifting real estate market
PHOENIX — Arizona's economy continues to mend, spurred largely by a people buying cars and parts.
The gravy train is back on the tracks, the economic engine a runnin,’ and the demise of our Sonoran desert being outdone by the good weather in the “Valley on the run,” Phoenix metro.
A recent change in federal housing guidelines could set the stage for up to 2.5 million formerly foreclosed homeowners and short salers to re-enter the housing market sooner rather than later.
The gap in employment rates between America’s highest- and lowest-income families has stretched to its widest levels since officials began tracking the data a decade ago, according to an analysis of government data conducted for The Associated Press.
U.S. home prices rose 12.1 percent in June from a year earlier, nearly matching a seven-year high. But month-over-month price gains slowed in most markets, a sign that higher mortgage rates may weigh on the housing recovery.
Arizona home prices up 5.1 percent between quarters 1 and 2, 18 percent year over year.
FARGO, N.D. — It's a good time to be a North Dakotan. An oil boom in the west has fueled an economic surge, the locals' frugal nature helped to prevent any housing bubble, and the threat of global warming looks like an attractive option for the chilly climate. So why not visit the state's largest city, Fargo? With just over 100,000 people, this city on the eastern edge of the state offers local culture with a good dose of pride and quirkiness. You'll need a car to get around, but let's face it: If you're in Fargo, you probably drove here.
If you’ve been considering making the jump from renter to homeowner, here’s some news that could help make up your mind. According to online real estate company Trulia, buying remains cheaper than renting in most communities across the country as long as mortgage rates stay below 10.5 percent. Even with the recent increase in the 30-year fixed rate to 3.9 percent, it’s still 41 percent cheaper to buy a new home than rent one, nationally.
In front of a large audience consisting of students, teachers and many others at Desert Vista High School, President Barack Obama proposed a plan he said can keep the growth of the housing market on track while avoiding another bubble.
President Barack Obama's visit to Phoenix on Tuesday shines a spotlight on one of the nation's most rapid housing recoveries, with home prices soaring and bidding wars occurring on a regular basis.
U.S. home prices jumped 12.2 percent in May compared with a year ago, the biggest annual gain since March 2006. The increase shows the housing recovery is strengthening.
Foreclosures in the Phoenix metropolitan area housing market have returned to normal levels while the median price for single-family homes continues to increase.
U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening.
The Standard & Poor's/Case-Shiller 20-city home price index released Tuesday also rose 2.5 percent in April from March, the biggest month-over-month gain on records dating back to 2000.
SAN FRANCISCO — Wineries are coming out loud and proud in their support of gay marriage. They're putting it right on the label.
Nearly 65,000 Arizonans who lost their homes to foreclosure from 2008 to 2011 will receive checks for $1,480 this summer.
A report issued by the W.P. Carey School of Business at Arizona State University indicates the recent upswing in home prices has come at a steady, sustainable pace, meaning homeowners should not expect another bubble to burst.
Americans are more confident in the U.S. economy than at any point in the past five years, thanks to surging home values, a brighter job market and record-setting stock prices.
U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006. A growing number of buyers are bidding on a tight supply of homes, driving prices higher and helping the housing market recover.
After the high-profile shooting of Border Patrol Agent Brian Terry in 2010, Scott Rollefstad felt he had to do something to help keep other agents safe.
Most of us already realize “normal” is relative. Yet, we are only human. And as such, we can scarcely stop ourselves from the very-human behavior of seizing every available opportunity to try to quantify and define the term.
A survey shows U.S. home prices rose 10.5 percent in March compared with a year ago, the biggest gain since March 2006.
WASHINGTON — U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of buyers who bid on a limited supply of homes.
When Arizona voters approved the use of medical marijuana in 2010, Steve Cottrell saw a way to combine his laboratory background and his interest in the plant he’d been studying since his 11-year-old son died of cancer more than a decade before.