New home permits soaring around Phoenix

courtesy of Kristena Hansen Reporter- Phoenix Business Journal The continued surge in existing home prices and a tight supply of properties on the market throughout metro Phoenix has been causing a ripple effect on the new home market, which saw a 65 percent...

Pending Home Sales Rise in October

courtesy of NAR, Media Contact: Walter Molony WASHINGTON (November 29, 2012) – Pending home sales rose strongly in October with mixed regional results, according to the National Association of Realtors®.     The Pending Home Sales Index,* a...

Chandler airpark growth flying to new heights

Courtesy of Maria Polletta The Republic | azcentral.com Mon Dec 3, 2012 When the recession slammed the Valley in 2008, Chandler’s municipal airport was not spared. “The Airpark Area — a 9-square-mile employment corridor anchored by the airport — was hit hardest by the...

How foreclosure backlogs could hurt home buyers

Courtesy of Amy Hoak, MarketWatch CHICAGO (MarketWatch) — Backlogs in foreclosure processing are causing delays in home-price improvement and could wind up affecting the cost of a mortgage. The situation appears worst in New York, where it takes an average of nearly...