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  • Moneysupermarket shares plunge as investors told not to expect growth 
    
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The slumping housing market means rental prices are climbing higher. California research firm RealFacts says the average rent during 2006 rose by at least 4.5 percent in the 12 major Western markets it surveys.  More…

A new form of affordable housing could be coming to downtown Tempe. Plans for the Farmer Arts District, a development slated to go in just west of downtown, would have a portion of it operating under Tempe’s federal low-income tax-credit housing program. Only one other Tempe project has used this affordability program, Elliot Point, a south Tempe apartment complex.  More…

A wave of mortgage fraud is rippling through pockets of the Valley, inflating home values through scams called cash-back deals.

Left unchecked, cash-back deals cost homeowners and lenders millions of dollars and could erode confidence and values in Arizona’s real estate market.  More…