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Michael Pollack stood before his third-grade class in San Jose, California and gave a report about how to read construction blueprints. Four years later, Pollack spent his weekends working as a construction laborer with carpenters, electricians and landscapers.
As the real estate market declines, so does the number of jobs related to the industry. Thus far layoffs among homebuilders have been minimal, and real estate agents say their numbers are still strong.
Craig and Shannon Bohall bought an existing home in Mesa three years ago, and now they have an opportunity to move up to their first brand new home. Their house, near Baseline Road and Val Vista Drive, has five bedrooms, 3 1 /2 bathrooms and lots of amenities. They put their house on the market more than a month ago in hopes of a quick sale so they can close on their new home by mid-November.
National Real Estate Auction Corp. expects to have more 150 properties at the Great Arizona Real Estate Auction on Nov. 23.
Over the past five years the words “real estate” have led to many discussions and debates. The waves of emotion that came from the run up and bubble caused too much drama in people’s lives. Homes were meant for long-term investments and the five years around it caused some people to make decisions, good and bad. People thought they had a safe nest egg in the home they have poured thousands of dollars into, yet that property is now worth what it was 12 to 15 years earlier. Luckily, the market is starting to move past this.
Hundreds of Valley real estate agents rallied in Scottsdale on Friday in hopes of kick-starting the sluggish real estate market by thinking positive and being proactive.
The East Valley office market, which started to recover from its turn-of-the-century slump in 2003, continues to catch fire.
The housing market is in a state of flux, but East Valley commercial developer Michael Pollack still sees opportunities for investors — if they’re smart and do their homework.
Cheap real-estate, few natural disasters and other factors have helped keep homeowners-insurance premiums down in Arizona.
Foreclosures continue to pummel the housing market. About a third of all home sales nationwide during April were foreclosures, leading to what analysts call a "double dip" in housing prices.
Is the Valley headed toward the collapse of another real estate bubble?
Trent Powell is a peninsula in what has become a choppier sea in East Valley real estate. He’s stuck among a for sale sign, an unrealistic seller and a leery buyer. In the lucrative game of home sales, he is checkmated. What a difference six months makes. Last summer, the Mesa real estate agent drove with investors through neighborhoods while they snapped up houses in hours or days.
The Valley's struggling real estate market may be on the eve of finally bottoming out, according to a new forecast by real estate brokerage Grubb & Ellis/BRE Land Group.
Ahwatukee is seeing an increase in real estate activity compared to the same time last year.
While home prices in the Valley continue to drop, the commercial real estate market finally seems to have leveled off, according to new reports from the W.P. Carey School of Business at Arizona State University.
A 1,414-acre, master-planned community north of Queen Creek Road provides a microcosmic view of the local new home market's journey through the drastic economic downturn and ongoing recovery.
Things to consider in this shifting real estate market
When it comes to gaining a competitive edge in a slow housing market, Scottsdale real estate agent Jean Steed doesn’t rule any idea out.
Nov. 3, 2004
A Southern California real estate developer is sold on the East Valley. Donahue Schriber, wh ich already owns 68 shopping centers — most of them in California — with 13 million square feet of shops, has just bought a shopping center in Gilbert and is building one in Mesa.
A Southern California real estate developer is sold on the East Valley.
Caught in the midst of the housing market turmoil, real estate agent Tina Eacret held out as long as she could — using up her entire savings before deciding to go part time in December.
Many Valley real estate experts gave President Barack Obama high marks Wednesday for seriously attacking the foreclosure crisis in his speech at Dobson High School in Mesa.
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