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Is Your Money Really Safe?
IS MY MONEY SAFE -- ?????? When IndyMac bank failed this summer, the lines of nervous account holders trying to withdraw their money made headlines everywhere. But that was an anomaly. The Federal Deposit Insurance Corp. (FDIC) has taken over ten other Read More...
Letter to The Economist
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 Read More...
Arizona Home Sales Statistic’s for June 2007
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 Read More...
FORECLOSURES SOAR - Queen Creek and Pinal County in the southeast to Laveen, Goodyear and Buckeye in the southwest to Surprise and Anthem
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 Read More...
Foreclosures in Arizona - What does it Mean?
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 Read More...
Phoenix housing market is 'about where it should be'
Despite the huge number of homes for sale in the Phoenix area, real estate expert Jay Butler says prices remain above the national average. "The market is about where it should be, and people don't like to hear that," the director of realty Read More...
Mortgage Information You Can Use!
CNN: "Looking for Ways Out of the Subprime Mortgage Crisis," USA Today: "Neighborhood Finds Real Estate Loans Too Good to Be True" Washington Post: "Foreclosure Rate Hits Historic High" We've all seen the headlines. What Read More...
New U.S. home sales slide in May
Discuss: How’s the housing market in your area? ARIZONA HOMES REAL ESTATE - Sales of new homes fell in May for the fourth time in the past five months, providing further evidence of a continued slump in housing. The Commerce Department reported Read More...
Why Housing Hasn't Hit the Skids?
So... this is the much-feared "Housing Bust"? Bust Lite is more like it. Existing-home prices are high as they were a year ago, (except in Surprise & Queen Creek to out laying area of the valley) while sales have receded only to the 2003 Read More...