Ed Vitale knows it is not the best time to put a house on the market. Sales are down. Money is tight. In his area, sales of homes are down to their lowest number since 2002, when Vitale purchased in the neighborhood of 40th Street and Union Hills. Prices are down, too, to levels last seen in 2005. More…
Home values in northeast
A mix of shops, offices and posh condos situated around a centerpiece resort hotel and a meandering dry wash is the latest proposal to develop a vacant 51-acre site at
Four large commercial centers have recently changed hands in the northwest Valley, which means several local businesses could be getting new landlords. More…
NEW YORK - Bear Stearns Cos., one of Wall Street’s venerable investment banks, received a bailout Friday by the federal government and JPMorgan Chase & Co. in a surprise, last-ditch effort to save the 86-year old institution. More…
WASHINGTON - The Federal Reserve said Friday that it has voted to endorse an arrangement to bolster troubled Bear Stearns Cos. and stands ready to provide extra resources to combat a serious credit crisis. More…
WASHINGTON - Economic policymakers on Thursday recommended stricter regulation of mortgage lenders as part of a broad effort to prevent a repeat of a credit crisis threatening to drive the country into recession. More…
WASHINGTON - Treasury Secretary Henry Paulson said Thursday that many proposals being put forward to deal with the housing slump would do more harm than good. More…
If your neighbors have lost their homes, you could pay the price when you try to sell or refinance — even if your credit is good. More…
New York Attorney General Andrew Cuomo said Monday that prospective home buyers will be protected from fraudulently inflated prices under an agreement with government-sponsored lenders Fannie Mae and Freddie Mac. More…
New-home communities in the West Valley that led the local housing boom for sales are now plagued with the Valley’s highest foreclosure rates. More…
It was a short month even with the leap year, but existing-home sales still climbed slightly in February. More…
Two high-end office buildings north of Scottsdale Fashion Square have been sold in one of the priciest commercial real-estate transactions so far this year. More…
Hours after the governor vetoed a bill that would have frozen nearly $600 million in state spending, the House of Representatives Tuesday passed a $250 million tax cut. More…
WASHINGTON - Staring at spreading financial dangers, the Federal Reserve announced a rescue package Tuesday that could pour as much as $200 billion into banks and investment houses and allow them to put up risky home-loan packages as collateral. More…
The signs that smaller retailers are struggling are unavoidable at malls across America: “Going out of business” sales at many Wilsons Leather stores. “Up to 70 percent off” at KB Toys. More…
The retail portion of south
Surprise will no longer award tax incentives to developers building a massive commercial complex around Surprise Stadium, potentially saving the city up to $4 million. More…
Mary Leon has marveled at the meticulous care taken of
Two decades after