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Famed Money Manager is perhaps best known for his timeless wisdom that you can beat the pros by focusing on stocks of companies where you either work or shop or have some other edge. But a more relevant Lynchism today is this gem: Ignore the headlines.  more…

The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now.  more…

A $3.1 million lien — the second-largest in Maricopa County this year — has been filed against the limited liability company that developed The Summit at Copper Square condominiums in downtown Phoenix.   more…

In a surprise turnaround, construction of new homes across the country in April posted the biggest increase in more than two years.  more…

The southwest corner of Rural and Baseline roads in Tempe looks radically different after an eight-week demolition process that will make way for a 147,000-square-foot Lowe’s home improvement store and other retailers.  more…

SCOTTSDALE - Now that entrepreneurs can choose to live almost anywhere that broadband connections and convenient airports exist, more are turning the relocation decision into both a business and personal one.  more…

Three spas, a dry cleaner, interior designer and a bank branch will be the latest properties to open this summer at the 84,668-square-foot Scottsdale North Marketplace.   more…

WASHINGTON - Construction of new homes posted the biggest increase in more than two years in April. While it was a rare spot of good news for the housing market, analysts said it’s far too soon to declare an end to the prolonged slump.  more…

The glut of properties offered elsewhere at fire-sale prices has not deterred more than 50 people from camping out for a chance to buy one of 100 homesites in a master-planned development in northeast Mesa.  more…

The old saying in real estate is that retail follows rooftops. New malls, strip centers and other shopping destinations typically arrive after major housing expansions.   more…

WASHINGTON - Fannie Mae is doing away with higher minimum down-payment requirements for borrowers in parts of the country where home prices are dropping.  more…

PARADISE VALLEY - He was one of the Northeast Valley’s first developers, an immigrant who grabbed up state land near Camelback Mountain and built homes.  more…

The Southeast Valley stood out with some of the largest percentage increases in foreclosed homes even as the number of home loan defaults soared across the Valley in the first four months of the year compared with the same period last year.   more…

WASHINGTON - Commercial banks and other financial institutions need to beef up their ability to detect and protect themselves against risks like the credit and mortgage debacles, Federal Reserve Chairman Ben Bernanke said Thursday.  more…

Arizona’s economy may seem ugly right now but when you look at it from a historical context, it looks pretty good, an Arizona State University economics expert said Tuesday.  more…

A Phoenix developer wants to put up a trio of buildings at Central Avenue and Camelback Road that would rival the tallest buildings in the city.  more…

Construction can soon begin on Vestar Development Co.’s Sycamore Farms Towne Center near Cactus Road and Loop 303.  more…

LOS ANGELES - More U.S. homeowners fell behind on mortgage payments last month, driving the number of homes facing foreclosure up 65 percent vs. the same month last year and contributing to a deepening slide in home values, a research company said Monday.  more…

A falling median home-sale price driven in part by foreclosures helped fuel the first year-over-year increase in Valley home-resale transactions since July 2005, according to an Arizona State University report.  more…

An Arizona land auction for a Pinnacle Peak resort site has neighbors worried that development would reduce access to an adjacent hiking trail.  more…