by LRA Real Estate Group | Feb 3, 2011
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...
by LRA Real Estate Group | Feb 3, 2011
S&P: Slower liquidation rates to blame By Inman News Inman News™ February 02, 2011 It may take more than four years to clear the “shadow inventory” of distressed homes lurking on the sidelines in the U.S., a factor that’s likely to...
by LRA Real Estate Group | Feb 3, 2011
BY MORTGAGEORB.COM ON MONDAY 31 JANUARY 2011 The U.S. Treasury Department says that permanent modifications executed under the Home Affordable Modification Program (HAMP) are performing well over time. Of HAMP loan mods that became permanent in the fourth quarter of...
by LRA Real Estate Group | Feb 3, 2011
Phoenix Business Journal – by Mike Sunnucks Date: Friday, January 28, 2011 Banks and mortgage lenders are shunning a $125 million foreclosure assistance program started by the state of Arizona in September. Thus far, only one — National Bank of Arizona — has...
by LRA Real Estate Group | Feb 1, 2011
Search giant cites low use, proliferation of search sites By Inman News Inman News™ January 26, 2011 Search giant Google will no longer support real estate listings uploaded to its classifed listings site on Google Maps, the company announced today. Consumers will no...
by LRA Real Estate Group | Feb 1, 2011
by Griselda Nevarez – Feb. 1, 2011 Arizona Republic PHOENIX – Attending a renewable-energy company’s grand opening Monday, Gov. Jan Brewer said Arizona will become the U.S. leader in solar manufacturing and technology. “I believe Arizona is the...
by LRA Real Estate Group | Jan 25, 2011
Potential buyers look; ‘blind optimism’ gone by J. Craig Anderson – Jan. 23, 2011 The Phoenix-area commercial-real-estate market passed a significant milestone in the fourth quarter, but you won’t find evidence of it by looking at statistics....
by LRA Real Estate Group | Jan 25, 2011
Published January 25, 2011 | The Wall Street Journal ROSEVILLE, Calif.—Residential and commercial real-estate owners aren’t the only ones losing their properties to foreclosure. The past few years have seen a rapid acceleration in the number of churches losing...
