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Indicators of Recovery You may not be quite ready to accept the idea that housing on a national basis has moved beyond bottoming out and is now in slow recovery mode. But think about this: Even if you're bearish on the market, you've got to notice
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Drop in mortgage rates trigger race to buy homes in Phoenix Arizona Tumbling interest rates are setting off a mortgage-refinancing scramble among homeowners and pulling undecided buyers into the market. Loan terms for 30-year fixed-rate mortgages fell
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Stimulus: Senate's housing hopes Lower mortgage rates, a foreclosure moratorium and more attractive tax credits to spur home buying are among possible amendments to recovery bill. NEW YORK (CNNMoney.com) -- As the economic stimulus package moves to
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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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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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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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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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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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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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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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~~~~~~~~ Slowdown in real estate a blow, but not knockout The national chatter over the flailing home lending industry and its effect on the U.S. economy became more heated this week than an Anna Nicole Smith memorial service. With the jump in foreclosures,
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Phoenix again leads nation in job growth The Business Journal of Phoenix The Phoenix area again nabs the top spot for employment growth among the nation's largest cities. In metropolitan markets with a work force of more than 1 million, the Phoenix
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