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 »
Arizona’s economy is picking up, albeit full recovery is still a few years away, economists from Arizona State University’s W.P. Carey School of Business said at a forum today.Read More »
Theresa Mattern, a Glendale-based Realtor, listed a four bedroom single-family home for a client on a Friday in February for $95,000. Within 72 hours, she had seven offers and it sold for $109,000 cash. “At the end of the weekend it sold for $14,000 over the asking price,” Mattern says.Read More »
Six years ago, it was common for buyers to wait in front of new home sales offices to see who would win the privilege of purchasing one of the several lots the builder had selected to release for sale that day.Read More »
The Senate on Thursday approved a proposal to prohibit homeowner associations from regulating public roadways that are owned by a government entity. But both Democratic and Republican legislators also opposed it, which showed that issues dealing with homeowners associations often transcend political boundaries.Read More »
Arizona will get more than $1.6 billion to relieve underwater homeowners in settlements for two mortgage fraud lawsuits.Read More »
Allowing owners of foreclosed homes to remain as renters for at least a year would stabilize neighborhoods and minimize the fallout for families, a state lawmaker contends.Read More »
An influential tax policy group will seek to put a measure on the ballot to limit growth in property values.
The Arizona Tax Research Association wants taxable property values to grow by no more than 5 percent each year.
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.Read More »
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.