housing crash Archives

Could Looser Lending Standards Boost Phoenix Market?


Will banks start to drop their standards and let people with slightly lower credit scores and much lower down payments buy homes? That’s the big question, after the Federal Deposit Insurance Corporation (FDIC) and other agencies voted to approve new, looser lending rules this week. A well-known expert from the W. P. Carey School of… Read More →

Housing Crash Hurts The Valley’s Luxury Home Market

Luxury Home - AZ Business Magazine November 2008

High-End Distress: The housing crash is now hurting the Valley’s luxury home 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… Read More →