‘Eternally complex problems’: bipartisan advocates talk affordable housing
A bipartisan group of housing reform advocates, from current and former state lawmakers to government leaders, gathered recently to talk about the lack of affordable housing in Arizona and solutions.
Obama to tout housing initiative in hard-hit Arizona
Throughout Barack Obama's presidency, Arizona has served as a symbol of the nation's real estate crisis and recovery. When Obama visited Arizona within weeks of taking office in 2009, the state was among the hardest hit by the housing collapse and the White House was pushing multibillion-dollar programs to save homeowners from foreclosure.
With home prices surging, percentage of underwater homes plummets
With prices surging, the percentage of Arizona homes that are underwater has fallen dramatically since last year.
Phoenix-area foreclosures return to normal levels
Foreclosures in the Phoenix metropolitan area housing market have returned to normal levels while the median price for single-family homes continues to increase.
Law makes landlords tell tenants of foreclosures
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.
Arizona foreclosures keep on dropping
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.
Housing group preparing lawsuit over mortgage sweep
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.
Arizona tops Nevada as national foreclosure leader
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.
Group claims bias in handling of foreclosed homes in minority neighborhoods
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.
Arizona to get more than $1.6B in mortgage deals
Arizona will get more than $1.6 billion to relieve underwater homeowners in settlements for two mortgage fraud lawsuits.
Arizona slogs toward economic rebound
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.
Banks, feds to provide foreclosure help in Phoenix
Homeowners trying to save their houses from foreclosure are expected to descend on the Phoenix Convention Center for help on Thursday.