housing prices Archives

Could Looser Lending Standards Boost Phoenix Market?

housing.prices

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 →

Arizona Poised to See Above-Average Growth

Economic concepts
by in Economy | Featured

Thanks to strong improvement in housing prices and improved population in-flow, Arizona should expect above-average growth through the year, according to the bi-annual U.S. State Monitor Report from BMO Economics. Expected real GDP growth in the state is 3.2 percent, up from a 1.8 percent rate currently expected for 2013. Nonfarm payrolls in Arizona were… Read More →

Bankers: Don’t try to time the market

house
by in Banking | Featured | Real Estate

Timing is everything. But when it comes to buying a house, Valley banking leaders says it’s best not to rely too much on timing. “Potential buyers who are still on the sidelines waiting for housing prices to decline further may see themselves priced out of the market if interest rates rise,” says Carl Streicher, regional… Read More →

Bankers: Don't try to time the market

house
by in Banking | Featured | Real Estate

Timing is everything. But when it comes to buying a house, Valley banking leaders says it’s best not to rely too much on timing. “Potential buyers who are still on the sidelines waiting for housing prices to decline further may see themselves priced out of the market if interest rates rise,” says Carl Streicher, regional… 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 →