Arizona Real Estate News Access
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04/29/07
Distribution centers’ growth creates ‘port’ in desert
Filed under: General, Business, Real Estate, Mortgages
Posted by: Lillian Wong @ 11:12 am

Metropolitan Phoenix is poised to become an inland port for cargo ships landing on the West Coast. Once again, the Valley’s inexpensive land and industrial space and proximity to Interstate 10 could bring the area more distribution centers and jobs.  More…

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Cities prime for new firms
Filed under: General, Business
Posted by: Lillian Wong @ 11:10 am

New Inc. magazine rankings have economic leaders in Yuma and Prescott bragging about their cities’ ability to handle rapid population growth while still meeting the urgent needs of fledgling and established companies. The two cities nabbed the No. 2 and 3 spots, respectively, on the monthly business magazine’s 2007 list of the top 393 U.S. metropolitan areas in which to start a business.  More…

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Average Valley apartment rent rises over $800
Filed under: General, Real Estate
Posted by: Lillian Wong @ 11:06 am

As many homeowners are lamenting flat or falling home prices, Phoenix-area apartment renters are watching monthly rents rise. The rent for the average Valley apartment recently topped $800 for the first time. A first-quarter report just released from RealFacts put the monthly payment on a typical apartment at $805. The real estate data firm reports Valley rents climbed 4.4 percent during the past year.  More…

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ADOT’s 5-year spending plan includes $3.6 billion for Valley
Filed under: General
Posted by: Lillian Wong @ 11:04 am

A plan for spending $6 billion on Arizona highway projects during the next five years was presented Friday by the Arizona Department of Transportation. The tentative 2008-12 budget, which includes $3.64 billion for Maricopa County projects, was given to the State Transportation Board for future approval during a public hearing and board meeting.  More…

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Scam takes owners’ home, equity
Filed under: General, Real Estate, Mortgages
Posted by: Lillian Wong @ 11:00 am

They offer struggling homeowners kind words and, most of all, help. The calls come quickly, sometimes less than an hour after foreclosure proceedings are filed. Fliers and handwritten letters promising assistance fill homeowners’ mailboxes. For those on the verge of losing their home, foreclosure-rescue groups seem like their only hope. But many so-called rescuers aren’t helping at all.  More…

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