GLG Topic: Phoenix Housing Market

Subprime lending may be putting the breaks on recent positive trends in the Phoenix housing market.

Some homeowners with the means to pay their mortgage payments are halting those payments, walking away from their homes instead, accepting that they are upside down, and choosing 7 years of bad credit over an unknown period of negative equity.  If Mr. Bernanke is successful in his call to bankers-...

Few will debate whether or not prices are actually falling; most every measurement has recently shown a decline, and with economic projections what they are, prices are expected to continue to fall.  How long and how far are the questions at hand.  Belfiore Real Estate Consulting (BREC) has...

The pressure is intense for home owners, lenders, home builders and other investors to maintain housing values. Companies who provide financial and other services such as real estate brokers, appraisers and the like are dependent for their income on a steady to rising market. The home buyer on the other...

The U.S. is going to do a major portion of the thinking for the world, prepare its economic plans and source its finances if the country is to continue its primary world power status. Recent results indicate that the growing knowledge economies will feature a world class international airport and/or...