August 2007 - Posts
Positive July sales ease bite of credit WASHINGTON - Sales of new homes turned up and factory orders soared in July, suggesting the economy was on stable footing before a credit crunch took a turn for the worse. The Commerce Department reported Friday
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Home Prices Post Steepest Drop in 20 Years - AP - Tue 9:58 am ET U.S. home prices fell 3.2 percent in the second quarter, the steepest rate of decline since Standard & Poor's began its nationwide housing index in 1987, the research group said
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This article is from local economist Elliott Pollack's website. It is a letter from Elliott Pollack dated August 8, 2007 to editor of The Economist Magazine in response to a negative article about Phoenix in the July 26th 2007 edition of The Economist
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We found an interesting chart in CNNMoney that shows the foreclosure rates for the top 100 metro areas. The ranking is based on the number of foreclosure notices per every household. Phoenix comes in at number 22 with 1 foreclosure filing for every 74
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Arizona job growth No. 2 in nation Arizona job growth slowed in July with the rest of the nation, but remains among the top growth economies, according to a Thursday report from the Department of Economic Security. The state lost fewer than expected jobs
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This Blog is information about Arizona, Arizona Real Estate and Arizona Real Estate News. The Arizona News comes from a variety of sources. Thanks you for reading............. Roger Boggs Definitions of Blog on the Web: Blog is short for weblog. A weblog
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Sales of existing Valley homes continued to lag in July, as more homeowners fell into foreclosure and tightened lending standards made it difficult for potential buyers to qualify for mortgages. Some 4,330 existing-home sales were recorded last month,
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Links provided courtesy of Arizona MLS (ARMLS) This representation is based in whole or in part on the data supplied by ARMLS. (Not from Rod Rebello) ARMLS does not guarantee nor is in any way responsible for its accuracy. Data maintained by ARMLS may
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America's 100 fastest-growing suburbs . Gilbert Arizona The fastest-growing big suburb (with a population of 100,000 or more) is Gilbert, Ariz., outside Phoenix, which grew from 112,766 people to 191,517. The Phoenix area saw the greatest positive
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Foreclosures soar on outskirts More people on Valley's fringe losing homes Home buyers have long flocked to metropolitan Phoenix's farthest flung suburbs to get the most house for their buck. In the housing market, it's known as "drive
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Financing deals now haunt borrowers, but 'correction' no surprise to experts The fallout from the country's real-estate slump continues to reverberate in Arizona and across the nation as more homeowners and lenders turn to foreclosure to solve
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