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Home / Focus / Econ. Dev & Small Bus April 2008 / Commentary — The Short Sale (access required)

Commentary — The Short Sale (access required)

Owe more than your home is worth≠ An option that allows the sale of a house for less than the value of the mortgage to satisfy the debt may be the answer

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The Blizzard of 1916 (access required)

This is Main Street in Bisbee on January 21, 1916, the day after the biggest snowfall in city history. The storm began on January 19 with heavy winds that tore off roofs in the Warren District. The wind abated, the sky cleared briefly—then it began to rain. The streets soon ran like rivers. The sky cleared again in the afternoon, but by 5 p.m. snow began to fall, increasing throughout the night until by morning all of southern Arizona from Benson to the Mexican border was blanketed.