credit crunch Archives

The Small Business Year In Review 2011 & Outlook For 2012

Small Business Year In Review
by in Infographics

The Small Business Year In Review 2011 & Outlook For 2012 Being a part of a slow economic recovery can take its toll on anyone, especially those who are trying to maintain and grow a business. Particularly, small business owners have had a lot to overcome throughout 2011, including a credit crunch and general uncertainty… Read More →

6 Tips To Launching Your Own Business In A Down Economy

The idea of starting your own business can be frightening with the recession - AZ Business Magazine Nov/Dec 2010

The idea of starting your own business can be frightening, particularly with the recession stubbornly choking the Arizona economy. However, by following a few tips for getting started, launching your own company doesn’t need to be scary. In fact, there are a few advantages to launching a business during an economic downturn. Commercial space is… Read More →

Tax Relief For Lenders May Help Commercial Real Estate Borrowers

tax calculations

The credit crunch is severely reducing the availability of financing and refinancing for commercial real estate. Many borrowers with loans maturing in the next few years, who originally expected to refinance their commercial mortgage loans before maturity, are now concerned that they will not be able to do so and will default when the mortgage… Read More →

State-Chartered Banks Are Still Lending Despite The Credit Crunch

Money Flow
by in AZ Business Magazine | Economy | Finance

The credit crunch is gripping much of the nation, but Arizona banks are still lending money and most are well-capitalized to weather tough economic times. The state’s core capitalization rate of 10.31 percent is well above the national average of 7.89 percent. That means Arizona banks have a good cushion to ride out the mortgage-induced… Read More →

Housing Crash is Hurting The Valley’s Luxury Real Estate Market


A meticulous five-bedroom, remodeled home sits nestled in one of Paradise Valley’s most beautiful neighborhoods. But the most remarkable thing about this home is not its one-acre lot, new flooring or up-to-date kitchen. It’s the “For Sale” sign that has graced the front yard for two years. Two years, two different realty companies and several… Read More →

CD Rates Inching Higher Again


Bank-issued certificates of deposit rates are inching up, but if your one-year CD is maturing, you’re probably not going to like what’s being offered. That’s because CD rates took a dramatic drop in the past year as the Federal Reserve marched through a series of reductions starting last summer. The downward spiral was triggered by… Read More →