housing Archives

Phoenix-area Housing Market Officially in Slowdown

Expect those big price increases we’ve seen for Phoenix-area homes to slow down, possibly even stop or reverse a little this year. A new report from the W. P. Carey School of Business at Arizona State University predicts two-plus years of large gains to come to an end in 2014. The latest data for Maricopa… Read More →

Obama faces tough road with improving economy

Barack Obama

Here’s the assignment President Barack Obama has won with his re-election: Improve an economy burdened by high unemployment, stagnant pay, a European financial crisis, slowing global growth and U.S. companies still too anxious to expand much. And, oh yes, an economy that risks sinking into another recession if Congress can’t reach a budget deal to… Read More →

Home prices jump 22.1 percent in Phoenix


A measure of U.S. home prices jumped 5 percent in September compared with a year ago, the largest year-over-year increase since July 2006. The gain reported by CoreLogic offered more evidence of a sustainable housing recovery. The real estate data provider also said Tuesday that prices declined 0.3 percent in September from August, the first… Read More →

Housing and transportation costs outpace incomes

by in Business News | Economy | Real Estate | Travel

The combined costs of housing and transportation in the nation’s largest 25 metro areas have swelled by 44 percent since 2000 while incomes have failed to keep pace, according to a new report from the Center for Housing Policy—the research affiliate of the National Housing Conference—and the Center for Neighborhood Technology. The report, Losing Ground:… Read More →

GPEC: Plans To Revive The Economy

Graph 1

Look past the Valley’s long, slow climb out of a difficult recession to the next 10, 20, even 100 years and you see a potential hotbed of wealth and productivity: a regional economy that has diversified from its traditional reliance on growth and housing. That’s the vision painted by board members and financial supporters of… Read More →

Valley Leaders Join Forces To Envision The Future West Valley

Arizona Sunset - Future of West Valley
by in Blogs | Economy | Events | Real Estate

Over 100 Valley leaders convened on November 31, 2010 to develop a future vision for the West Valley in an exercise led by Leadership West.  Leadership West is a volunteer-led, non-profit organization that convenes, educates and activates proven leaders in business, non-profits and government to leverage their time, talents and treasures to enhance the quality… 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 →

State Leaders Prepare The Copper State For Explosive Growth


An official letter from the state’s Lawn and Pool Use Enforcement Division says you must choose between taking out your green lawn or draining your swimming pool. You can’t have both, as the state has been severely restricting outdoor water use ever since the population of Central and Southern Arizona swelled to 10 million people… Read More →