Mesa touts readiness to develop downtown

Courtesy of Art Thomason – Mar. 9, 2012 The Republic | azcentral.com Mesa officials treated 50 developers to breakfast, inventive videos, a bus tour and Cactus League game as part of a six-hour sales pitch about investment opportunities in downtown Mesa. The...

Affordable housing hard for poor to get

Courtesy of  Stephanie Snyder – Mar. 13, 2012 Cronkite News Service WASHINGTON – There is a growing shortage of affordable housing in the country, and the situation is even more severe in Arizona, according to the National Low Income Housing Coalition. It...

Rise in Phoenix Housing Shows Path for Other Cities

Courtesy of BY NICK TIMIRAOS | March 12, 2012 PHOENIX—As home prices continue to drop in most cities, a nascent real-estate rebound here holds lessons for the rest of the country. This sprawling desert metropolis was one of the hardest hit housing markets during the...

Small-Business Optimism Hits New Four-Year High

Courtesy of Javier E. David, WSJ Optimism amongst small U.S. businesses rose to its highest level in more than four years in February, data released Tuesday showed, yet business owners remain concerned about future prospects. The National Federation of Independent...

ASU economists predict brighter future for Arizona

  by Betty Beard – May. 8 The Arizona Republic As the nation goes, so goes Arizona. The state’s rebound from the depths of recession is fundamentally bound to the recovery of the U.S. economy as a whole, according to Arizona State University economists....

Office-Space Occupancy on the Rise

courtesy of the Wall Street Journal By A.D. PRUITT The amount of occupied office space in the U.S. continued to inch higher during the first quarter of 2011 as businesses slowly began to expand. Average effective rents, which include such benefits as free rent and...

Should You Pay Off the House?

by Lisa Gibbs, Money Magazine Saturday, February 26, 2011 via Yahoo Finance When there was easy money to be made in real estate and stocks, mortgage debt seemed like nothing to fear. Now an increasing number of homeowners are wondering if it makes sense to hasten the...

Five Signs That Say 'Buy' a house

Courtesy of the Wall Street Journal The national housing market still seems shaky, but what about your area? The following yardsticks can help you gauge whether your neighborhood is poised for a comeback. Jobs. Some parts of the country were less affected by the...

Obama offers 3 options for mortgage overhaul

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...

Short Sale vs. Keep the Property? You decide!

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...

Home Equity Lending Is Back

REAL ESTATE by AnnaMaria Andriotis, Wall Street Journal Once every homeowner’s answer to a cash shortfall, the ability to borrow against your home equity all but disappeared a few years ago right along with, well, home equity. But now, at a growing number of...

Here Comes the Sunbelt

By BRETT ARENDS Wall Street Journal, 2/4/2011 View Full Image Associated PressHundreds of cars are were stranded on Lake Shore Drive earlier this week in Chicago. Will this drive boomers to live somewhere cheaper? It might. And that may also be a case for looking...

House panel probes Fannie, Freddie legal fees

Jan. 31, 2011 Associated Press Arizona Republic WASHINGTON – A leading Republican lawmaker is asking regulators to explain why taxpayers have spent more than $160 million in legal fees to defend the giant mortgage companies Fannie Mae and Freddie Mac and their...

Biltmore owners file bankruptcy

by Megan Neighbor – Feb. 3, 2011 The Arizona Republic In a strategic move by its new ownership group to get a fresh financial start, the Arizona Biltmore, one of Phoenix’s oldest and most iconic resorts, has gone into bankruptcy. The resort’s...