With prices surging, the percentage of Arizona homes that are underwater has fallen dramatically since last year.Read More »
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Foreclosures in the Phoenix metropolitan area housing market have returned to normal levels while the median price for single-family homes continues to increase.Read More »
Renters no longer have to worry about being surprised when their home is repossessed by a bank now that a new law requiring landlords to give them notice has been signed.Read More »
The number of Arizona homes in some stage of the foreclosure process dropped again in October compared to a year ago, and homes actually repossessed by banks also dipped.Read More »
A housing advocacy organization is planning to sue the state over a budget sweep of $50 million intended to help alleviate the effects of the foreclosure crisis.Read More »
Arizona has broken Nevada's 62-month streak as the foreclosure capital of the nation. The state's foreclosure rate in March actually dropped, but Nevada's dropped more. California kept its third-place ranking.Read More »
WASHINGTON – Banks are neglecting foreclosed homes in minority neighborhoods compared to those in white communities, according to a housing advocacy group that said it will file Fair Housing Act complaints over the supposed practice.Read More »
Arizona will get more than $1.6 billion to relieve underwater homeowners in settlements for two mortgage fraud lawsuits.Read More »
The good news is the prospects for Arizona’s economy remain strong.
The bad news is when compared to previous recoveries it will take quite a long time to get there.
Homeowners trying to save their houses from foreclosure are expected to descend on the Phoenix Convention Center for help on Thursday.Read More »