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Reality TV taps Phoenix-area foreclosures
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 a�� bidding on foreclosure homes[...]
Banks as tenants: Cleaning and maintaining foreclosed properties bad for banks, good for specialists
The time, effort and money required to upkeep a home that normally would have been put in by the homeowner shifts to the bank when occupants desert their house. Lenders have to pay to clean up their sometimes-trashed properties to get them ready to sell. These properties, which will sell at a drastically lower price than when they were new, are putting a great strain on those institutions’ profi[...]
Hundreds of millions in fed assistance, but only 4 AZ homeowners were helped
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.
Home foreclosures drop again in Phoenix area
A new Arizona State University report shows Phoenix-area home foreclosure activity dropped for the fourth month in a row in June.
Housing report shows foreclosures down, long-term market health unclear
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.
Census shows Arizona home vacancies rose in 2010
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.
Forecast for Arizona economy shows gradual gains
A state economic projection for the next two years is favorable but tempered by continued weaknesses in construction, as Arizona makes a gradual pullout from the recession.
Bill providing property tax break to businesses sails through
Despite objections from fiscally conservative legislators, the Senate approved on Monday a measure that would allow businesses that meet certain requirements to pay a lower property tax.
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.
Building, buying & selling: Contractors, sellers, regulators and unions vie (hope) for positives in 2011
From homebuilders to Realtors, representatives of the recession-ravaged construction and real estate industries are doggedly pursuing dual legislative goals.
They’re determined to block legislation that they say would further sink their struggling businesses while supporting measures that might give them a financial boost. Several bills are under consideration that would make it easie[...]
ASU: Phoenix-area foreclosures spike in January
A new report from Arizona State University shows that foreclosures spiked in the Phoenix area in January to more than 40 percent of all home sales.
Bills designed to give relief to homeowners facing foreclosure
Having judges verify that mortgage lenders followed proper procedures before foreclosures would protect homeowners from misrepresentations and fraud, a state lawmaker contends.
