Affordable housing hard for poor to get

by | Mar 13, 2012

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

by | Mar 13, 2012

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

by | Mar 13, 2012

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...

Unemployment rates fell in 45 states in January

by | Mar 13, 2012

Courtesy of CHRISTOPHER S. RUGABER – Mar. 13, 2012 AP Economics Writer Is this good news for Arizona? WASHINGTON – The unemployment rate fell in 45 U.S. states in January, a sign that nearly all of the country is benefiting from an improving economy...

Americans to get property tax breaks

by | Mar 13, 2012

Courtesy of Mar. 13, 2012 USA Today More than five years after real estate prices began to tumble, Americans are finally starting to get property tax breaks on their devalued homes, a USA TODAY analysis finds. Cities, counties and school districts today collect 20%...

Scottsdale home prices dip 7 percent

by | Mar 13, 2012

Mar. 13, 2012 | courtesy of The Republic | azcentral.com Scottsdale’s median home price of $330,100 in January was down 7 percent from a year earlier, according to the latest monthly report from the Arizona State University Center for Real Estate Theory and...

Distressed properties take toll on Chandler market

by | Mar 13, 2012

by Edythe Jensen – Mar. 13, 2012 10:00 AM Courtesy of The Republic | azcentral.com Central Chandler continues to have more distressed properties on the market than other parts of the Southeast Valley while Mesa and Chandler have the largest citywide numbers of...

Phoenix-area homebuyers squeezed out by investors

by | Mar 11, 2012

Cash-up-front deals shut out competition for tight supplies Courtesy of Catherine Reagor – Mar. 10, 2012 The Republic | azcentral.com Many potential homebuyers who sat on the sidelines watching metro Phoenix’s house prices fall during the past five years...

Report: Upbeat findings for Arizona housing market

by | Feb 24, 2012

Courtesy of Catherine Reagor – Feb. 23, 2012 The Arizona Republic | azcentral.com Editors Note: LRA Real Estate can find the perfect home for you. Please Contact Us today to start your Search on MLS. Metro Phoenix home prices are up. Fewer inexpensive homes are...