Scottsdale-based homebuilder Taylor Morrison Home Corp. reported a first-quarter rise in profits and home sales. Taylor Morrison (NYSE: TMHC) posted a $24.3 million first-quarter profit up from $10.3 million in 1Q 2012, according to company’s earnings released today. The homebuilder had 1Q revenue of $381.5 million up from $239.4 million for the same quarter a [...]
Posted on May 15th, 2013 by admin
Filed under: Uncategorized | No Comments »
The most expensive home sale the Phoenix Business Journal recorded in April was a 13,500-square-foot Paradise Valley estate built in the Spanish colonial style. The 6-bedroom, 11-bath home at 5575 N Casa Blanca Dr, Paradise Valley sold for $5 million to Scott A. and Catherine Allen. It was sold by Paradise Valley 2009 Trust. The [...]
Posted on May 9th, 2013 by admin
Filed under: Uncategorized | No Comments »
Funeral homes and crematories in Arizona won’t be able to have intern trainees after Gov. Jan Brewer vetoed a bill that would have allowed the move. KOLD reported the bill would have allowed anyone attending a mortuary science college to work as a trainee for a year. To become a trainee, it would only take [...]
Posted on May 8th, 2013 by admin
Filed under: Uncategorized | No Comments »
Mortgage News Daily is reporting that home prices measured by CoreLogic increased by 10.5 percent on an annual basis in March, the largest year-over-year increase since March 2006. Tweet This Post
Posted on May 7th, 2013 by admin
Filed under: Uncategorized | No Comments »
While the prices of homes in Phoenix and the U.S. are rising again, the rates of home ownership are not The Los Angeles Times reported that home buyers are losing out to investors in the market and that home ownership fell 0.4 percent in the first quarter to 65 percent in the U.S. Phoenix was [...]
Posted on May 1st, 2013 by admin
Filed under: Uncategorized | No Comments »
The resurgence of the new home market that kicked into high gear last year seemed to be losing some steam in early 2013, although home builders are keeping their heads up about the future. U.S. home builder confidence took a dip for the third consecutive month in April on the National Association of Home Builders/Wells [...]
Posted on April 19th, 2013 by admin
Filed under: Uncategorized | No Comments »
Housing prices in most places across the U.S. may not have recovered to pre-recession levels, but the foreclosure crisis appears to be long gone. CNNMoney.com reports on new figures from RealtyTrac that show foreclosure filings in the first quarter of this year were lower than at any point since early 2007. Get the full story [...]
Posted on April 11th, 2013 by admin
Filed under: Uncategorized | No Comments »
Prospective Phoenix Coyotes buyer Darin Pastor met with Glendale Mayor Jerry Weiers last week as his group and another led by Canadian investment banker George Gosbee are the latest potential suitors for the hockey franchise. Pastor is also an investment banker and CEO of Irvine, Calif.-based Capstone Affluent Strategies. He met with Weiers last week, [...]
Posted on April 9th, 2013 by admin
Filed under: Uncategorized | No Comments »
The most expensive home sale the Phoenix Business Journal recorded in March was a luxury condo high above downtown Scottsdale. The penthouse home in the Scottsdale Waterfront Residences at 7175 E. Camelback Road sold for $3.6 million to Gary and Lisa Willert. It was sold by Frontwater LLC. The condo, at roughly 4,400 square feet, [...]
Posted on April 5th, 2013 by admin
Filed under: Uncategorized | No Comments »
The days when large Wall Street investors had a plethora of foreclosures and short sales to convert into income-generating rental homes are gone. But even with the housing market’s momentous recovery this past year, a RealtyTrac report released Thursday noted opportunities still abound for smaller investors in certain markets, including metro Phoenix. RealtyTrac ranked the [...]
Posted on April 5th, 2013 by admin
Filed under: Uncategorized | No Comments »
