Six home builders are coming together to resurrect a master-planned community in south Gilbert that stalled during the recession.

Valley homebuilders used December 2012 to take steps for future projects, while also seeing a 30 percent increase in new home sales for all of 2012, compared to 2011, according to a recent report.

The father of Johnson Ranch has amassed more than his share of naysayers and opponents, but none can deny that George H. Johnson was right about one thing.

NEW YORK - Stocks gave up substantial early gains Wednesday to end the first session of 2007 mixed after minutes from the Federal Reserve's last meeting showed growing concern at the central bank about the severity of the pullback in the housing sector.

NEW YORK - Wall Street plunged Tuesday as investors, driving the Dow Jones industrial average down nearly 130 points, grappled with a seemingly relentless rise in bond yields.

NEW YORK - Wall Street surged higher Tuesday, carrying the Dow Jones industrials to their second-best close ever as positive economic data further buoyed a growing sense of optimism among investors.