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 […]
Tag Archives | housing
Flagstaff Making List for Top Retirement Cities
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 […]
B of A Granting $10K to Local Agency
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 […]
Sawmill Bringing New Levels of Retail to Flagstaff
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 […]
Flagstaff Homes Selling
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 Forbes Ranking Good for Northern Arizona
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 […]
Understanding the Residential Landlord and Tenant Act
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 […]
