Peoria Real Estate News
Real Estate news for Peoria, AZ continually updated from thousands of sources.
Tuesday Feb 24 | via CNN
The following statistics and market trends are for single family homes, condominiums and town-homes. These statistics and trends are from the Scottsdale Area Association of Realtors and are compared monthly and to the previous year, and vary based on the effects of employment, home value and affordability. Comment?
Friday Feb 13 | via Business Journal
Like Ohio State is to Michigan, Alabama is Auburn and USC is to UCLA in college football, the local real estate industry flat out doesn't like RealtyTrac. And Arizona's real estate sector - which is pretty powerful, very image conscious and sensitive to its slow post-recession recovery - takes major umbrage with RealtyTrac's foreclosure data. Comment?
Friday Jan 30 | via Business Journal
The post-recession commercial real estate market in Phoenix is rising far faster in the east than in the west. Year-end 2014 data shows 93 percent of the office leasing volume and activity in the region happened in the East Valley, Tempe and Scottsdale, according to the Cushman & Wakefield commercial real estate firm. Comment?
Jan 29, 2015 | via Business Wire
Bancorp report... )--Fitch Ratings assigns an 'AA' rating to the following Paradise Valley Unified School District No. Comment?
Jan 21, 2015 | via Sonoran News
TEMPE Investors appear to be returning to the Phoenix-area housing market. The latest monthly report from the W. P. Carey School of Business at Arizona State University examines that new trend, as well as the possibility of a future supply problem. Comment?
Sunday Feb 15 | via The Arizona Republic
Mesa brothers get prison in $28M mortgage fraud scheme Two Mesa brothers sent to federal prison for using business in $28M mortgage fraud scheme Check out this story on azcentral.com: http://azc.cc/1Dv4yCt Two Mesa brothers who pleaded guilty to using their business in a $28 million mortgage fraud scheme, have both been sentenced to federal prison and ordered to pay restitution to banks. Scott and Kevin Lee used Summit Capital to originate fraudulent loans using bogus loan applications, forged signatures, and false financial and construction-related documents. Comment?
Friday Feb 6 | via Edmonton Journal
Music director Bill Eddins will continue to lead the Edmonton Symphony Orchestra. His contract, which was set to expire in June of this year, has been extended until the end of the 2016/2017 season. Comment?
Tuesday Feb 3 | via Verde Independent
A special Arizona law designed to protect homeowners from lenders does not apply if the house was never built, the state Supreme Court ruled Friday. In a victory for banks and other lenders, the justices said they can go after some borrowers who default on their loans if the value of the property is less than the amount owed. Comment?
Tuesday Feb 3 | via The Arizona Republic
Arizona to get slice of $1.38B financial award Arizona to get a $21.5-million slice of a settlement from rating agency Standard & Poor's. Check out this story on azcentral.com: http://azc.cc/1CWIPDe Arizona will receive a $21.5-million slice of a $1.38-billion settlement from Standard & Poor's, which was accused of issuing inflated ratings on securities that contributed to the housing collapse. Comment?
Jan 28, 2015 | via The CPA Technology Advisor
First the rent checks from Mark Poppe's tenants -- processed by a property manager -- started arriving a little late. Then a month late. Comment?
3 min ago | via Wimbledon Guardian
Councils will be forced to help find plots for people seeking to build their own homes as part of a package of Conservative manifesto promises Prime Minister David Cameron will target under-40s priced out of the first-home market by offering developers the chance to build on cheaper brownfield commercial land and waiving taxes - in return for a 20% cut in the sale price Prime Minister David Cameron will target under-40s priced out of the first-home market by offering developers the chance to build on cheaper brownfield commercial land and waiving taxes - in return for a 20% cut in the sale price Prime Minister David Cameron tries his hand at brick laying during a visit to the Barratt Homes Evolve development in Grays, Essex Prime Minister David Cameron tries his hand at brick laying during a visit to the Barratt Homes Evolve development in Grays, Essex David Cameron has pledged to double ... (more) Comment?
4 min ago | via Seeking Alpha
New Residential's acquisition of Home Loan Servicing Solutions, Ltd. highlights that mortgage servicing assets are an attractive growth field. Two weeks ago I kicked off this article series by buying Prospect Capital for my high-yield income portfolio, HYIP, which caused some heated discussions at the time. Comment?
15 min ago | via Capital Weekly
Sandy Ellsworth, the Coastal Mountain Council of REALTORS 2012 Realtor of the Year, came to Real Estate via a career in radio. Sandy worked on both sides of the microphone and after a successful stint at WKNE in Keene, NH, he made the move to Camden in 1988 as Sales Manager of the newly-born Coast 102.5 radio station. Comment?
24 min ago | via The Standard
But Cheung Kong Holdings' project La Lumiere, with units of around 400 sellable square feet costing over HK$6 million, received more than 500 checks for its first batch of 52 units. The cooling measures, effective last Friday, cut the maximum mortgage ratio for flats costing HK$6 million or below to 60 percent from 70 percent, meaning those buyers may need to pay an extra HK$600,000 for a down payment. Comment?
32 min ago | via Ottawa Citizen
The Canadian flag flies in front of the Peace Tower on Parliament Hill in Ottawa on Friday, Oct. 3, 2014. Canada's budget watchdog is studying the "prodigious" growth of federal lending through Crown corporations and other agencies, now totalling more than $200 billion, with little scrutiny from public servants or Parliament. Comment?
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