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Optimism was served in heaping portions Tuesday at the Economic Outlook 2006 breakfast sponsored by the Greater Phoenix Chamber of Commerce.
OK, so the real estate bubble has landed, popped, evaporated. I get it already. I don’t need to keep hearing this. I was reformed.
Is the Valley headed toward the collapse of another real estate bubble?
Trent Powell is a peninsula in what has become a choppier sea in East Valley real estate. He’s stuck among a for sale sign, an unrealistic seller and a leery buyer. In the lucrative game of home sales, he is checkmated. What a difference six months makes. Last summer, the Mesa real estate agent drove with investors through neighborhoods while they snapped up houses in hours or days.
NEW YORK - Much of the nation has had a lovely real estate boom for the past five years, but the house party is almost over and the cleanup won’t be pretty.
Recovery seems to be on the minds of many these days as the economy continues to shake off the after-effects of the recession. Housing prices and sales are climbing, the unemployment rate is falling and near record-low mortgage rates are bringing potential buyers who had been reluctant to make a move during the housing downturn back into the market.
Collectors of old coins fill their vaults with nostalgia. Think of the Boy Scout who covets his first buffalo nickel, or the uncle who cherishes his special-edition set.
December 29, 2004
Trent Powell is a peninsula in what has become a choppier sea in East Valley real estate. He’s stuck among a for sale sign, an unrealistic seller and a leery buyer. In the lucrative game of home sales, he is checkmated.
As the Valley's battered real estate market transitions into recovery, Arizona State University has hired an analyst who will produce more information for the public to understand this often volatile industry.
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.
As the Valley's battered real estate market transitions into recovery, Arizona State University has hired an analyst who will produce more information for the public to understand this often volatile industry.
The cookie-cutter homes that dominated the Valley landscape for decades won’t be as common in the future as the real estate market climbs out of the recession and builds new kinds of housing.
Attorney General Tom Horne did nothing wrong in transferring $50 million from a nationwide mortgage settlement to the state general fund to balance the budget, the Arizona Court of Appeals ruled Tuesday.
Kori Rockwell said it was exciting to see her dream home being built from the ground up.
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.
The number of Arizona homeowners losing their home to repossession or who are in some stage of the foreclosure process keeps on dropping.
A new report shows 34 percent of all home sales in Arizona last year involved houses in some stage of the foreclosure process.
The number of Arizona homes in some stage of the foreclosure process dropped again in September compared to a year ago, although homes actually repossessed by banks rose slightly.
The number of Arizona homes in some stage of the foreclosure process continued to slowly drop in August.
Existing homes were sold in April at the fastest pace in history as the nation’s redhot housing market just kept getting hotter.
The median sales price of an existing Valley home posted a month-to-month decline for the first time since December 2003, and the number of sales dropped 4 percent from the same time last year, according to Arizona Real Estate Center data released Thursday.
Habitat for Humanity is looking for families in Apache Junction to partner with and is accepting applications.
Real estate experts predict the Valley’s years-long housing glut is reaching its end and, as early as this spring, could stun home buyers by transforming into a shortage.
Guest commentary by Phil Kerpen
By Mark Heller, Tribune
By Mark Scarp, contributing columnist
By Jerry Brown, contributing columnist
Guest Commentary by Bill Richardson
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