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Housing subsidies reduce inequality, but mortgage tax breaks make it worse
By Emily Badger | The Washington Post The primary purpose of housing subsidies is, well, to house people. But by doing so, they serve another end: They effectively boost the incomes of many poor...
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Study shows Baby Boomers, Hispanics and Millennial Generation will drive...
By Trey Garrison | HousingWire The Mortgage Bankers Association believes that between 13.9 and 15.9 million additional households will be formed by 2024, making the next decade one of the strongest in...
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Phoenix multifamily continues resurgence
By Roland Murphy | Arizona Builder’s Exchange Investment in downtown infrastructure and facilities has continued to fuel significant growth in multifamily residential, according to the recently...
View Article$5M+ Deals – Phoenix apartments $35k per unit
Below is the deal that closed Tuesday, August 25, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions....
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Home price growth is cooling and here’s why that’s a good thing
By Trey Garrison | HousingWire The housing market is slowing down, with home values seeing the first negative monthly change since the market began its recovery nearly four years ago, according to the...
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Freddie Mac: Housing market nearing stability
By Brena Swanson | HousingWire The housing market is teetering on the edge of becoming a stable market again, according to the latest Multi-Indicator Market Index from Freddie Mac. The national MiMi...
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Solid residential reports come amid uncertainty
By Dees Stribling MHN Online While the stock market went on its merry way on Tuesday (up and then down), a fair amount of housing data also came out, mostly positive metrics. For instance, according to...
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Does housing take a hit when stocks drop?
By Jonathan Smoke | realtor.com It’s been a wild week for the stock market—over the six trading days ending on Tuesday, the S&P 500 declined in value by almost 13%. If it had maintained that level...
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Phoenix’s historic Westward Ho gets a makeover
Phoenix’s historic Westward Ho/Wikimedia Commons By Sue Doerfler, The Arizona Republic The historic Westward Ho is getting an uplift, with repairs and upgrades made to kitchen cabinets, floors,...
View Article$5M+ Deals – Phoenix commercial bldgs totaling $51M
Below are the deals that closed Wednesday, August 26, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these...
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Housing an economic bright spot after wobbly week
By Borree Lam | The Atlantic This past week, financial news has seen a variety of panicked headlines and wire photos of sad men as a volatile global market has put investors on edge. Previously...
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Here’s what top housing economists think about pending home sales today
By Trey Garrison | HousingWire Pending home sales were mostly unchanged in July, but rose modestly for the sixth time in seven months, according to the National Association of Realtors. But annually...
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Judge blocks EPA rule as federal power grab over state waters
By Stephen Dinan | The Washington Times President Obama’s push to extend the EPA’s regulatory hand to ditches and small streams to enforce clean water rules was blocked Thursday by a federal judge, who...
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Peoria’s economic development makes healthy strides
By Darrell Jackson | Peoria Times After searching for five years, including input from numerous patients about what they wanted in a new facility, Cigna Medical Group broke ground on the new Cigna...
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Toll Brothers’ income slips as homebuilders predict brighter future
Valparaiso home design at Windgate Ranch Scottsdale By Brena Swanson | HousingWire Luxury homebuilder Toll Brothers (TOL) posted third-quarter net income of $66.7 million, or $0.36 per share diluted,...
View Article$5M+ Deals – Phoenix apartments $53k per unit
Below is the deal that closed Thursday, August 27, 2015 in Maricopa County over $5M according to the Maricopa County Recorder. Rose Law Group Reporter has not independently verified these transactions....
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Asarco plans layoffs at Pinal operations
Hayden, AZ- ASARCO smelter, 1940s Casa Grande Dispatch/Staff and Wire Reports HAYDEN — Copper-mining giant Asarco announced plans Friday to shut down a Pinal County ore concentrator and may lay off...
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Dodd-Frank: A five-year summary
By Jann Swanson | Mortgage News Daily The debate over whether the Dodd-Frank Wall Street Reform and Consumer Protection Act was desperately needed or a pox upon the land survives even as its fifth...
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Signs indicate no drop in home sales
Daily Real Estate News It appears existing-home sales won’t drop off at the end of the summer, as sales contracts rose modestly in July, reflecting an overall upward trend for the past seven months,...
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Opinions mixed at meeting on proposed Glendale light rail extension
By Jeff Grant | DAILY NEWS-SUN Valley Metro and city officials continue to hear pros and cons from the public on a possible extension of light-rail service into the downtown area. During a meeting with...
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