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Growth returning to Arizona economy, ASU index suggests The Arizona Business Conditions Index has moved into growth territory for the first time since November, indicating that growth, albeit small, is returning to the Arizona economy. The index, which
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Local businesses upbeat about 2008 Despite rising energy prices and ongoing global uncertainty, local businesses are cautiously optimistic about the national economy in 2008. That’s according to a new Valleywide business economic forecast by the
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So you're having trouble selling your home. Would it make more sense to lease it instead? Doing so could turn your property into a rent machine and open up extra tax breaks. Plus, it would buy time until market conditions improve. "I can't
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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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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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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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Arizona Home prices expected to rebound in 2008 Real estate trade group expecting bounce back after gloomy 2007 The prices of existing and new homes are expected to bounce back next year after a dreary 2007, a real estate trade group said Wednesday. The
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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
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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
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