Arizona will get more than $1.6 billion to relieve underwater homeowners in settlements for two mortgage fraud lawsuits.

The Census Bureau on Thursday confirmed what many Arizonans already knew: Over the last decade, the state built too many houses and didn’t fill enough of them.

Barack Obama’s road to re-election is lined with lots of boarded-up homes.

Though the high unemployment rate dominates talk in Washington, for many 2012 voters the housing crisis may well be a more powerful manifestation of a sick economy.

Alaska has a reality show about ice truckers trying to survive deadly hauls. New York has Donald Trump’s cutthroat competition to be his apprentice. And Georgia has Billy the Exterminator, who battles rodents and alligators.

Soon, Phoenix will be the setting for a new reality show about one of the region’s most competitive and heart-racing activities — bidding on foreclosure homes.

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 new Arizona State University report shows Phoenix-area home foreclosure activity dropped for the fourth month in a row in June.

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.

New U.S. Census Bureau figures showing how home and apartment vacancies have soared in the state aren’t news for the residents of a block-long stretch of West Brown Street in the Phoenix suburb of Glendale.

Homeowners trying to save their houses from foreclosure are expected to descend on the Phoenix Convention Center for help on Thursday.

Approval of a massive economic development bill pending at the Arizona Legislature would mean that vacation homes would lose an automatic tax break and that owners of other homes would face a new hurdle to get it.