It must be a tough time to be a real-estate agent. With home values declining and credit tough to get, the factors are in place for more homes to be on the market than ever. more…
Developers of the Scottsdale Quarter, opening in the spring, have lined up restaurants, lounges, fashion and furnishings retailers, plus a gourmet grocery and a reserved-seat movie theater. more…
The Better Business Bureau warned this week of a potential scam targeting
PARADISE
NEW YORK — When you sit at your kitchen table and write your monthly mortgage check, your signature may be the first stop on a trip that takes your money to the other side of the world. more…
WASHINGTON – Executives and employees at the major credit ratings agencies were often aware of problems in the AAA grades awarded to thousands of mortgage-related securities whose downgrades helped plunge the nation into a financial meltdown. more…
WASHINGTON - First, it was the banks. Now the Federal Reserve has come to the aid of money market funds as the government seeks to break the credit logjam that threatens the global economy. more…
Jack Rose, a
As residential and commercial real-estate markets falter, developers are increasingly turning to bankruptcy to stave off foreclosure on their troubled properties. more…
The Valley’s housing market plummeted past another milestone in July, tying a record 17 consecutive months of declining home values. more…
Congress passed new and extended tax credits with the financial bailout package that are expected to prompt thousands of people to add solar- and wind-energy systems to their homes. But the incentives for some systems are so much better than existing tax credits that many people also are delaying their home improvements until next year when the new credits kick in. more…
The lesson is simple in northeast Phoenix: Vacant lots ultimately will be developed, often in ways that draw loud neighborhood opposition. The best hope for the neighbor faced with the prospect of a four-story apartment building looming over his back fence? more…
A group of appraisers in
A new mall is helping breathe life into an older part of Mesa while bringing a taste of Southeast Asian culture. more…
Investors’ rights have been a long-standing issue in the bankruptcy of Phoenix-based Mortgages Ltd. more…
Proposition 201 is based on the premise that Arizona’s current laws make it far too easy for home builders to avoid fixing construction defects without facing any consequences. more…
WASHINGTON - The government may guarantee nearly $2 trillion in
NEW YORK - The government’s efforts to crank open the credit markets have led to some mild improvements in lending rates and Treasury-bill yields. But it will probably take months, and perhaps years, before lending returns to healthier levels. more…