Feed aggregator
These Arizona cities rank among US best places to live - The Business Journals
These Arizona cities rank among US best places to live The Business Journals
OrthoArizona to invest millions in metro Phoenix expansion amid surging patient visits - The Business Journals
OrthoArizona to invest millions in metro Phoenix expansion amid surging patient visits The Business Journals
Attorney General Kris Mayes warns renters to beware of scams - KTAR News 92.3 FM
Attorney General Kris Mayes warns renters to beware of scams KTAR News 92.3 FM
Arizona’s housing tax credit is quietly working — let’s not pull the plug - Arizona Capitol Times
Arizona’s housing tax credit is quietly working — let’s not pull the plug Arizona Capitol Times
Arizona luxury penthouse market leader hits $10.3 million - City Sun Times
Arizona luxury penthouse market leader hits $10.3 million City Sun Times
Housing frenzy spreads to rentals in metro Phoenix
Renters looking for houses in metro Phoenix areexperiencing much of the same frenzy as buyers.
As reported in http://www.azcentral.com/arizonarepublic/news/articles/2012/09/04/20120904phoenix-area-rental-homes-red-hot-commodity.htm, new data from the Arizona Regional Multiple Listing Service and real-estate analyst Mike Orr show the supply of houses for rent in the region is nearly as tight as the supply of homes for sale, and the number of leases signed in the past few months is at record levels.
High demand for rentals is another indicator of metro Phoenix’s housing-market recovery.
Rob and Sandra O’Dell discovered how competitive metro Phoenix’s rental market has become when they began looking for ...
read the rest of this post
Indictments in alleged California loan mod scam that costs homeowners $7 million
Nearly a dozen people have been indicted in an alleged California-based mortgage modification scam that targeted struggling homeowners, according to the Office of the Special Inspector General for the Troubled Asset Relief Program.
More than 4,000 homeowners lost at least $7 million in fees paid to the company; many lost their homes to foreclosure through the scheme.
Here’s information from the federal announcement:
+ Federal agents this morning arrested 10 defendants who worked at a Rancho Cucamonga, Calif.,-based business that allegedly offered bogus loan modification programs to financially distressed homeowners. As a result of the scheme allegedly run out of 21st ...
read the rest of this post
Metro Phoenix housing market update
Metro Phoenix’s housing market took a breather in July. Home prices fell less than 1 percent instead of the 5 to 7 percent monthly jumps seen earlier this year.
Here are the highlights from the report from the W. P. Carey School of Business at Arizona State University:
The median single-family home price dropped slightly between June and July this year – down less than 1 percent. It went from $150,000 to $149,000.
The median single-family home price was still up almost 31 percent from last ...
read the rest of this post
Who in Arizona has been helped by $25 billion lender settlement?
More than 7,700 Arizona borrowers have recently received aid from one of the nation's five biggest lenders, according to a preliminary federal report on the $25 million lender settlement with the nation's attorneys general. The lenders settled over accusations of abusive foreclosure practices.
This week's report says that so far, the five lenders have spent more than $500 million in Arizona to help homeowners.
But it's been hard to find many of those homeowners. So far, after working with several of Arizona's top housing non-profits and soliciting responses from readers, I have found two people who have received aid from the settlement. ...
read the rest of this post
This week's report says that so far, the five lenders have spent more than $500 million in Arizona to help homeowners.
But it's been hard to find many of those homeowners. So far, after working with several of Arizona's top housing non-profits and soliciting responses from readers, I have found two people who have received aid from the settlement. ...
read the rest of this post
