Arizona’s youngest adults are punctuating the state’s real estate recovery with question marks. As industry experts tout gradual increases in home values and sales since the end of the Great Recession, habits and preferences of Millennials born after 1980 are a growing concern.Read More »
The housing market in one of America's largest cities is shifting as builders turn vacant lots and old buildings into new homes.Read More »
WASHINGTON – A new report claims that property values could decline along with projected decreases in the level of the Colorado River, as demand on the river outpaces supply of water in it.Read More »
The bulk of a foreclosure settlement with the nation’s largest banks will go toward loans and grants to help people keep their homes, Attorney General Tom Horne announced Monday.Read More »
The number of Arizona homes in some stage of the foreclosure process continued to slowly drop in August.Read More »
A new state court ruling says Arizonans with partial ownerships of time-share vacation homes are entitled to the same post-foreclosure rights as owners of year-round homes.Read More »
A lawsuit filed by public interest law firms on behalf of homeowners tries to block Arizona from using part of a foreclosure settlement to help balance the next state budget.Read More »
Arizona will get more than $1.6 billion to relieve underwater homeowners in settlements for two mortgage fraud lawsuits.Read More »
By September 2010, the Arizona Department of Housing was sitting atop $268 million in federal money, which it was seeking to unload to help struggling homeowners here.
But since the program’s inception last year, it has helped only four homeowners and reduced their principles by a combined $62,000. On average, it lowered their monthly payments by $420.
A report by Arizona State University shows the foreclosure rate in the Phoenix area has continued to decline, but that the trend may not be sustained.Read More »