Arizona Real Estate News Access
All the real estate and mortgage news you need to know in Arizona
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February 2008
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02/02/08
Home remodeler aims to help sellers
Filed under: General, Business, Real Estate
Posted by: Lillian Wong @ 7:33 pm

A new home-remodeling franchisee is hoping to gain some business in Scottsdale’s tepid housing market and help some homeowners sell their property.  More…

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Camelback office building sells for $96 mil
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:31 pm

A real estate investment firm has bought a mid-rise office complex in the Camelback Corridor for $96 million.  More…

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Beazer exiting mortgage, residential markets
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:28 pm

ATLANTA - Homebuilder Beazer Homes USA Inc. said Friday it will no longer originate mortgages and will offer its buyers mortgage services through Countrywide Financial Corp.  More…

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Market continues to slow
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:26 pm

When the Valley’s robust housing market began to loose steam more than a year ago, real-estate experts predicted that commercial real estate would keep the economy roaring along.  More…

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Najafi to acquire Trend Homes
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:24 pm

Phoenix-based private-equity company Najafi Cos. announced Thursday that it has agreed to purchase Trend Homes Inc. of Gilbert and send it through bankruptcy reorganization.  More…

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Hospital campus set to expand
Filed under: General
Posted by: Lillian Wong @ 7:23 pm

Phoenix Children’s Hospital is doubling the size of its midtown campus and preparing to build an 11-story patient-care tower.   More…

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John C. Lincoln Hospital brings home the Beacon
Filed under: General, Business
Posted by: Lillian Wong @ 7:11 pm

John C. Lincoln North Mountain Hospital is the first hospital in Arizona and one of only about 100 in the country to earn the national Beacon Award for excellence in critical care.   More…

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Queen Creek seeking to diversify its economic base
Filed under: General, Business
Posted by: Lillian Wong @ 7:09 pm

The town of Queen Creek is looking to buck the uncertain economy by leveraging its proximity to Phoenix-Mesa Gateway Airport and Arizona State University Polytechnic to attract aviation, aerospace and solar energy investments and businesses.   More…

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Experts mostly optimistic about future development, though outlying projects could lag
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:07 pm

The Valley’s retail real estate market probably couldn’t have been better in 2007, with 11.6 million square feet of new space completed.   More…

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Developers find opportunity in ethnic, green projects
Filed under: General, Real Estate
Posted by: Lillian Wong @ 7:04 pm

Some commercial real estate experts expect retail vacancies in Phoenix to increase significantly this year. An unprecedented 11.6 million square feet of new retail was delivered in 2007. That could be a death knell for older strip malls, unless the location is ripe for redevelopment.   More…

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Mortgage industry fears foreclosure moratorium
Filed under: General, Mortgages
Posted by: Lillian Wong @ 7:00 pm

Arizona economists and the mortgage industry bemoan the push for foreclosure moratoriums, claiming the free market should sort things out.   More…

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