One school of thought in today’s market sees the dollar weakening further and an inflationary cycle taking shape. It’s a view that’s good for gold. more…
Commercial lending markets remain stagnant and losses in the sector are likely to sharply rise in coming years, but government action could help curb the downturn, politicians and executives said during a hearing in New York on Thursday. more…
One of eight U.S. households with a mortgage ended the first quarter late on loan payments or in the foreclosure process in a crisis that will persist for at least another year until unemployment peaks, the Mortgage Bankers Association said Thursday. more…
Surprise’s strategic placement of a park-and-ride lot near a railway stretching from downtown
Finding a good base can be tough. Even when you do, its breakout might not work. If you can’t spot a bad breakout, you’ll end up taking far more 7% or 8% losses than profitable trades. Three warning signs can tell you if a breakout is faltering. If any of the three happen, it’s OK to at least consider selling quickly — even before losses reach 7%. Or, you could walk away with a small profit rather than risk a loss. more…
Arizona-based banks are trying to get off the mat but, like overmatched prizefighters, some remain bloody and dazed.
The 55 commercial banks based in the state are mostly small institutions with one or a few offices, in contrast to major nationally chartered operations doing business in the state.
On balance, they are in worse shape than banks nationally and in worse shape than they were a year ago, according to the Federal Deposit Insurance Corp. more…
Metropolitan Phoenix’s foreclosure home-buying frenzy has caught the attention of other parts of the country. Some national housing analysts are labeling the Valley recent upswing in home sales another speculator-driven boom. more…
Downtown’s vacant Orchidtree Apartments would be razed for luxury senior-living condominiums under a developer’s proposal for the site.
Ryerson Co. is forging plans for the 8.5-acre property southeast of 68th Street and
While buyers are snapping up inexpensive homes in the