For people about to lose their homes to foreclosure, the advertisements seem like a lifeline: “We buy houses for cash” or “Refinance your mortgage and receive a seven-day vacation.” more…
The future of Mortgages Ltd. following the death of owner Scott M. Coles is clouded by questions about its economic health and pending litigation. more…
The housing downturn’s upside? You don’t have to go overseas anymore for your dream retirement home. We found the six best markets for deals. more…
Rising consumer prices, better-than-expected economic data and inflation warnings by Federal Reserve Chairman Ben Bernanke have raised expectations that the central bank will hike interest rates this year. more…
Accurately tracking and projecting
The Arizona Army National Guard and the Army Reserve are building two multimillion-dollar, shared training centers in the state and closing a base as part of a national program to trim military infrastructure and save money. more…
A Fountain Hills citizens group fighting a planned community in the northern part of town says they have enough signatures to place a referendum on the Nov. 4 ballot. more…
Arizona Real Estate Commissioner Sam Wercinski has an agenda. more…
WASHINGTON - A single sheet of paper has the real-estate industry in an uproar. more…
Westcor, the Valley’s largest mall company, turns 40 next year. Like many midlifers, the company believes it is experienced enough to capitalize on opportunities and challenges by developing a long-term strategy and sticking to it. more…
Downtown
LOS ANGELES - Credit-rating agencies are betting that the housing downturn will deepen well into next year, dragging out home builders’ woes. more…
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Ramping up his tough anti-inflation talk, Federal Reserve Chairman Ben Bernanke is raising expectations on Wall Street and elsewhere that the central bank could boost interest rates sooner than anticipated if high oil and food costs threaten to spur a broader bout of spiraling prices. more…
Mortgages Ltd. is no longer making new loans on projects, has halted returning investors’ money and is reviewing each of its approximately 70 loans with developers in an effort to shore up the company, executives said Tuesday. more…
NEW YORK - Pending home sales unexpectedly rose in April to the highest reading since October, an industry group said Monday, but experts say the large proportion of distressed-property sales will continue to weigh down prices. more…
Mortgages Ltd. investors may get a clearer picture this morning about the real-estate lender’s future during a conference call with top managers. more…
When you see Arizona’s economy laid out in graphs, you can pick up pretty clearly where it’s hurting. more…
Real-estate mutual funds are faring surprisingly well in the worst real-estate market in decades. One reason: Real-estate funds invest in commercial properties, which march to a different drummer than the residential market. Will the commercial real-estate rally continue? Probably, but it wouldn’t hurt to move in slowly. more…
Connie Ross wonders a little when people tell her they want to enroll in real-estate school. more…