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Arizona foreclosures fall for 3rd month in a row The number of foreclosure filings reported in Arizona fell for the third month in a row in November — even as the mortgage crunch continued to squeeze borrowers. A total of 5,767 filings — including
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Sweet Deals on New Homes Builders feeling the post-boom blues are offering big incentives and deep price cuts for buyers. During the housing boom, new-home builders were like the hosts with the hottest invitation in town. They could raise prices with
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Rates on 30-year mortgages fell this week after two consecutive increases, providing a break for potential home buyers and the beleaguered housing industry. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged
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Phoenix is one of 11 cities touted as "Best Places to Live" in the current issue of Resident magazine. "Phoenix residents enjoy low housing prices and fine weather," the New York publication said in its review of top second-home locations.
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Buying Your First Home Finding the right first home starts with a price range and a short list of desirable neighborhoods. But there are many other factors you'll need to consider before investing in what may be your biggest asset. Before You Start
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The current housing market may be a buyer's market, but buyers are hard to find. In Gilbert, there are 3,036 single-family houses on the market, with 43,704 for sale in Maricopa County , according to Arizona Regional Multiple Listing Service data
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Although home sales in most of the southwest Valley declined from July 2006 to July 2007, there is confidence among real-estate and housing experts that the market is correcting itself and rebounding. "People are looking at the idea that the market
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Advising Buyers Purchasing Their First Rental Property and Becoming a Landlord When you are buying your first rental property and becoming a landlord, there is much to learn. How do I find tenants? What should I charge for rent? Should I update the places
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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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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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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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