Flagstaff Business & Online News | Northern Arizona Local Newspaper
Flagstaff Business News is a newspaper and online news source covering Northern Arizona's most influential business leaders and delivered to high income residents and local businesses.
Governor Doug Ducey today announced $7 million to expand available rental assistance and help keep people in their homes. The funding comes from the Crisis Contingency and Safety Net Fund, established in March through a bipartisan state budget agreement that added $50 million for Arizona’s COVID-19 response. “Ensuring Arizonans have safe, reliable housing during this pandemic is critical,” […]
The Arizona Multihousing Association (AMA) and thousands of struggling rental housing owners expressed deep disappointment today at news that the Arizona Supreme Court has refused to hear a special action seeking to invalidate the Executive Order delaying evictions. In declining to hear the lawsuit, the high court has left many of the state’s rental property […]
The U.S. Senate today approved an amendment offered by Senators John McCain (R-AZ) and Jay Rockefeller (D-WV) prohibiting Fannie Mae and Freddie Mac executives from receiving future multi-million dollar bonuses as long as the government-backed mortgage companies remain in federal conservatorship. It was recently reported that the Federal Housing Finance Agency approved $12.8 million in […]
Flagstaff may not be known as a hot spot for retirees, but a recent article in the U.S. News & World Report lists this mountain town as one of the 10 best places to retire in 2012. Former Sedona resident Diane Kalas, who is 70 years old, says moving to Flagstaff to retire about eight […]
BOTHANDS, Inc., a HUD-approved nonprofit counseling agency, today announced it has received a $10,000 grant from the Bank of America Charitable Foundation. The funds will be used to provide direct housing counseling and education services to local families across northern Arizona. Through ongoing counseling programs BOTHANDS helps first-time homebuyers prepare for homeownership and navigate the […]
Momentum to complete Aspen Place at Sawmill is going strong, although it might have a different look than originally planned. It will still have a vibrant business district, but instead of a residential district of single-family homes, townhouses and condos, there will be a student housing project, called The Grove at Flagstaff. Elaine Averitt, a […]
The number of homes sold in Flagstaff jumped in August. With few new listings, Flagstaff housing inventory makes slim pickings for home buyers for now. Flagstaff home sales volume in August 2011 went up over 11% from a year ago and the median sales price was up 1.7% from August 2010 for Flagstaff single family […]
Phoenix is likely to become one of this country’s next boomtowns, according to Forbes Magazine and Joel Kotkin’s article, “What Cities Are Best Positioned to Grow and Prosper in the Coming Decade?” Out of 52 of the largest metro areas in the United States that were evaluated and assessed, Phoenix ranked ninth. Being included on […]
In January, Arizona posted the nation’s highest foreclosure rate, according to the Phoenix Business Journal. According to some reports, the foreclosure rates were up over 36 percent in the last quarter of 2010. Just when it seemed things were improving, it appears, at least for a lot of people, it isn’t. So, where do all […]
