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Every day of our lives, we make assumptions. We assume that the people we encounter regularly will behave in the manner to which we are accustomed. We assume that if we take care of our cars, they will get us to where we want to go. In fact, we need to make assumptions to bring order to our world. But in some parts of our life — such as investing — assumptions can prove dangerous.
PHOENIX — Arizona's economy continues to mend, spurred largely by a people buying cars and parts.
A measure of U.S. home prices rose only slightly in September from August, a sign that prices are leveling off after big gains earlier this year.
The housing market continues its bumpy ride toward full recovery with more lurches, twists and turns than a roller coaster at the state fair.
NEW YORK — Each night, people in apartments all over New York City are cleaning up, putting out fresh towels and clearing out — to rent their private space to strangers from around the world.
A recent change in federal housing guidelines could set the stage for up to 2.5 million formerly foreclosed homeowners and short salers to re-enter the housing market sooner rather than later.
AZ Lending Experts, a Mesa-based mortgage firm, is hoping to protect potential home buyers in the Valley’s challenging, and growing, real estate market by providing foresight with its new service, the “Phoenix PreList.”
U.S. home prices rose 12.1 percent in June from a year earlier, nearly matching a seven-year high. But month-over-month price gains slowed in most markets, a sign that higher mortgage rates may weigh on the housing recovery.
Homeowners are opening their wallets. A rebound in the housing market has made them more willing to invest in renovations that could boost the value of their homes even more in a rising market.
Arizona home prices up 5.1 percent between quarters 1 and 2, 18 percent year over year.
With its size and expeditious growth so far, Mesa’s Eastmark has understandably stolen much of the attention paid to real estate in the East Valley this summer. But at 480 acres, with 1,600 lots planned, The Bridges at Gilbert has quickly become the next big addition to the local housing market.
Researchers at Arizona State University say rising interest rates don't appear to be affecting the Phoenix-area housing market, which is making a comeback.
If you’ve been considering making the jump from renter to homeowner, here’s some news that could help make up your mind. According to online real estate company Trulia, buying remains cheaper than renting in most communities across the country as long as mortgage rates stay below 10.5 percent. Even with the recent increase in the 30-year fixed rate to 3.9 percent, it’s still 41 percent cheaper to buy a new home than rent one, nationally.
In front of a large audience consisting of students, teachers and many others at Desert Vista High School, President Barack Obama proposed a plan he said can keep the growth of the housing market on track while avoiding another bubble.
President Barack Obama's visit to Phoenix on Tuesday shines a spotlight on one of the nation's most rapid housing recoveries, with home prices soaring and bidding wars occurring on a regular basis.
On and off screen, it's been a bruising summer for Hollywood.
U.S. home prices jumped 12.2 percent in May compared with a year ago, the biggest annual gain since March 2006. The increase shows the housing recovery is strengthening.
For most people, buying a new home is one of the single-largest purchases they’ll make in a lifetime. But with so many choices available, how can a buyer feel confident in their selection? Choosing to do business with a reputable homebuilder is one way to gain peace of mind.
A recent decision by the Mesa City Council will allow the City of Mesa to use eminent domain to procure property for the light rail project if other means of negotiations with the property owners fail.
The number of homes sold in Ahwatukee this past month of June was slightly less than the previous month. We also saw about 18 percent less than the number of homes sold in June last year (2012).
The “tsunami” of foreclosures Arizona has seen since 2007 is subsiding to normal levels, but the Valley’s housing shortage could keep potential buyers away from their dreams for a while, one housing expert said this week.
NEW YORK — To see how a small business can transform a neighborhood, just follow the barrels.
Foreclosures in the Phoenix metropolitan area housing market have returned to normal levels while the median price for single-family homes continues to increase.
U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening.
The businesses located along the Price Corridor will have a new neighbor once OnTrac moves its corporate headquarters to Chandler later this year.