News
As housing falls, short sales becoming common,
an article from MSNBC.com, reports that according to a real estate industry survey released last week by Bethesda, Md.-based Inside Mortgage Finance, and Washington, DC-based Campbell Communications, roughly 20% of all U.S.
West Mesa to receive new Lowes,
an article from the East Valley Tribune, reports that after two years of discussion, the Mesa City Council approved a plan to allow a Lowe's home improvement store in west Mesa. The City Council approved a permit allowing the retail store to be built on a vacant lot currently zoned for industrial use.
April Marks 40 Years of Fair Housing
an article from Realtor.org, reports that REALTORS® continue to be outspoken advocates for fair housing, working with home buyers and sellers to ensure they receive equal access to affordable housing and homeownership, as America celebrates the 40th anniversary of the Fair Housing Act this month.
Basements selling point for builder
an article from The Arizona Republic, reports that according to Holmes Homes, even in a challenging housing market, basements should drive sales at Nauvoo Station in Queen Creek. All 98 homes in the Manors neighborhood will have basements, with prices from $289,900 to $365,900.
Fed cuts rates to 4.5%
Fed cuts rates to 4.5%, an article from CNNMoney.com, reports that the Federal Reserve lowered the critical short-term interest rate by a quarter of a point Wednesday, citing continued concerns about weakness in the housing market.
Battle brewing to allow homes at Motorola site
Battle brewing to allow homes at Motorola site, an article from The Arizona Republic, reports that prospective buyers of the Motorola plant on Price Road, along with its 153 acres of land, want to build ho
Going on Vacation? Suspend Services While Away to Save
By Paola Singer/The Wall Street Journal - The Problem: Not wanting to pay for unused monthly services while you're on vacation.The Solution: Many cable, cell phone and Internet companies of
Valley Housing Market is Still Good
Betty Beard/Arizona Republic - Despite competition from a huge number of homes for sale in the Phoenix area, real estate expert Jay Butler told Tempe business leaders Thursday that prices remain above the national average.
Mortgage Fraud Bill OK'd
Jessica Coomes/The Arizona Republic - To clamp down on the bad mortgage deals that inflate Valley home prices, state lawmakers gave their final approval Monday to a bill that would make mortgage fraud a felony.
Experts: Sluggish rebound to boost prices, hurt jobs
Sarah Murray/Arizona Republic - Arizona's lagging housing market likely won't recover until next year and will continue to hinder job growth until it rebounds, state economists said this week. Although houses continue to sell, inflated prices and stockpiled inventory will cramp the industry a while longer.
