by LRA Real Estate Group | Feb 26, 2011
By AMY HOAK The Wall Street Journal A visit from the home inspector can be nerve-wracking for a seller, especially in a market like this — when the potential buyer isn’t afraid to demand that a long list of problems be addressed before the sale is...
by LRA Real Estate Group | Feb 26, 2011
By SIMON CONSTABLE Wall Street Journal There might finally be some good news this year about the nation’s dismal housing market. Or, at least, the bad news could stop. Either way, it will be welcome relief for current homeowners as well as for potential...
by LRA Real Estate Group | Feb 12, 2011
by Parker Leavitt – Feb. 11, 2011 The Arizona Republic In anticipation of a fall opening for the Banner MD Anderson Cancer Center in Gilbert, a Mesa-based developer plans to build an adjacent Marriott hotel to accommodate patients and families. A four-story,...
by LRA Real Estate Group | Feb 12, 2011
Feb. 11, 2011 Associated Press WASHINGTON — The Obama administration is laying out three broad options for overhauling the mortgage lending system, but will let Congress make the final decision. The Treasury Department says in a report released Friday that the...
by LRA Real Estate Group | Feb 12, 2011
by Megan Neighbor – Feb. 11, 2011 The Arizona Republic A new ownership group targeting a higher-end customer and the arts community plans to begin a $15 million to $20 million renovation of Central Phoenix’s Lexington Hotel by midsummer. Among the myriad...
by LRA Real Estate Group | Feb 8, 2011
by Edward Gately – Feb. 5, 2011 The Arizona Republic Gray Development Group’s scaled-down proposal for its Blue Sky luxury apartment complex east of Scottsdale Fashion Square cleared the first of three hurdles Thursday with a unanimous favorable...
by LRA Real Estate Group | Feb 8, 2011
Phoenix Business Journal February 7, 2011 Weidner Apartment Homes, a major new player in the local multifamily market, has purchased a large apartment complex, the Peaks at Papago Park. Weidner paid $46 million for the 768-unit complex located at 815 N. 52nd St. in...
by LRA Real Estate Group | Feb 8, 2011
S MITRA KALITA Wall Street Journal Bargain Hunting Boosts Prices in Depressed Cities Buyers in markets around the U.S. are snapping up homes in all-cash deals, betting that prices are at or near bottom and breathing life into some of the nation’s most battered...
by LRA Real Estate Group | Feb 6, 2011
Max Jarman – Feb. 5, 2011 The Arizona Republic The recent string of below-freezing nighttime lows in the Valley has caused pipes to burst, irrigation systems to malfunction, water heaters to fail and furnaces to blow cold air. The uncharacteristically cold...
by LRA Real Estate Group | Feb 5, 2011
Short Sale vs. Keep the Property? You decide! February 5, 2011 Bryan Watkins You have probably read articles from time to time of a person owning an investment home, and trying to decide whether to keep it or short sale the property. Well, here is a real example. You...
