Phoenix Real Estate News
Real Estate news for Phoenix, AZ continually updated from thousands of sources.
Friday Sep 23 | via JD Supra
Just when courts appeared to be developing a consensus on how to value affordable housing projects in bankruptcy, an opinion from the 9th Circuit Court of Appeals has muddied the landscape. In In re Sunnyslope Housing Ltd. Partnership , a divided panel of the 9th Circuit Court of Appeals recently held that rent restrictions should not be considered when valuing a secured creditor's interest in an affordable housing project that the debtor proposes to retain under a plan of reorganization . Comment?
Tuesday Sep 20 | via Business Wire
A detailed list of rating actions follows at the end of this release. The affirmations are the result of sufficient credit enhancement and overall stable performance of the underlying collateral since Fitch's last review. Comment?
Sunday Sep 18 | via Business Journal
Phoenix's housing market, after a tumultuous decade, is nearly back on top as the best in the U.S. That's according a new report from Bankrate.com, which looked at several factors in the region's housing market to come up with the rankings, according to Azcentral.com Among the ranking criteria were the rate of foreclosures, which have fallen ... (more) Comment?
Sunday Sep 18 | via The Arizona Republic
Hilary Farr and David Visentin from HGTV's "Love It or List It" share their passion for home improvement and what to expect at the Maricopa County Home and Garden Show. Q&A: HGTV's 'Love It or List It' stars Hilary Farr and David Visentin to visit Home and Garden Show Hilary Farr and David Visentin from HGTV's "Love It or List It" share their passion for home improvement and what to expect at the Maricopa County Home and Garden Show. Comment?
Wednesday Sep 14 | via Business Wire
A detailed list of rating actions follows at the en... Glancy Prongay & Murray Announces the Filing of a Securities Class Action on Behalf of Northern Oil and Gas, Inc. Investors and Encourages Investors to Contact the Firm )--Glancy Prongay & Murray Announces the Filing of a Securities Class Action on Behalf of Northern Oil and Gas, Inc. Investors and Encourages Investors to Contact the Firm )--C.H. Robinson, a global leader in third party logistics, is hosting Robinson Cares events at its Miami offices throughout September and October to raise funds for local char... )--FOX News co-presidents Jack Abernethy and Bill Shine have signed new multi-year contracts, announced Rupert Murdoch, Executive Chairman of 21st Century Fox and Executive ... )--C.H. Robinson, a global leader in third party logistics , is hosting Robinson Cares events at its Monterey office the third week of September to ... (more) Comment?
Friday Sep 16 | via Phoenix Real Estate Guy
I saw this video from our friends at the Arizona Association of REALTORS recently where real estate commissioner Judy Lowe discusses advertising rules for real estate web sites. In the video, Judy talks about challenges she and Michelle Lind had when trying to determine what "clear and prominent" means as they put together the advertising guidelines and rules for Arizona brokers and their real estate web sites. Comment?
Aug 17, 2016 | via Verde Independent
Corporation Commission Chairman Doug Little, in front of flags, accuses fellow regulator Bob Burns, right, of trying to stir up controversy with a plan to hire an attorney to look into whether the commission is being improperly influenced by others. Andy Tobin, left, and Bob Stump, to Little's left, voted with Little to quash Burns' inquiry. Comment?
Jul 9, 2016 | via The Arizona Republic
Land, land everywhere in Phoenix but not a lot to build on Metro Phoenix has a shortage of lots ready for homebuilding, which could slow growth of new homes Check out this story on azcentral.com: http://azc.cc/29zUhj2 New-home sales continue to rebound in metro Phoenix, and the supply of lots prepped and ready for houses is shrinking to the lowest level in decades. A shortage of construction workers, like this one working for Meritage Homes Corp., is making it hard for developers to respond to the demand for new homes. Comment?
Jul 6, 2016 | via The Arizona Republic
Arizona's sales-tax rate is the 11th-highest in the nation, a national analysis of state and local tax systems finds. Think Arizona sales tax is high? You're right Arizona's sales-tax rate is the 11th-highest in the nation, a national analysis of state and local tax systems finds. Comment?
Jun 18, 2016 | via Verde Independent
Years in Arizona/Verde Valley: I'm an Arizona native, but mostly raised in Upstate NY. I returned home in 1994 and finally settled in the Verde Valley in 1997, after graduating from NAU. Comment?
6 min ago | via The Chronicle-Journal
Wells Fargo says CEO John Stumpf and the executive who ran the bank's retail banking division will forfeit tens of millions of dollars in pay as the bank tries to stem a scandal over its sales practices. The independent directors at the nation's second-largest bank said Tuesday that Stumpf will forfeit $41 million in stock awards, while former retail banking executive Carrie Tolstedt will forfeit $19 million of her stock awards, effective immediately. Comment?
9 min ago | via East Bay Express
Readers sound off on the displacement of low-income artists, one of Oakland's late warehouse spaces, and Prop 64. "The Vanishing Underground: Oakland's Housing Crisis Is Also Displacing its Arts and Music Counterculture" by Nastia Voynovskaya, Feature Story, September 21: This is happening in Austin, as well. Any city that has a well-defined arts "scene" has seen their creative existence used as a marketing scheme by the city, as a sales perk by real estate agents, and as a "cool quotient" seal-of-approval by developers. Comment?
27 min ago | via WTEN-TV Albany
New York financial regulators have issued proposed regulations to enforce a new law requiring most mortgage lenders to maintain abandoned houses even before foreclosure. The Department of Financial Services regulations are subject to a 45-day public comment period following Oct. 12 publication in the State Register. Comment?
27 min ago | via Independent.ie
There has been a surge in the number of people getting approval for a mortgage, new figures from the banks show. Many of the people being approved for a home loan are competing hard with each other for the few houses that are available. Comment?
35 min ago | via Seattle Post-Intelligencer
The first home, at 6716 18th Ave. N.W., is listed for $600,000. The four-bedroom, one-bathroom home is 1,340 square feet and features a fully fenced backyard. Comment?
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