Archive for September, 2008

Valley pair indicted in mortgage scheme (East Valley Tribune)

Tuesday, September 30th, 2008

A Cave Creek man and a Phoenix woman have been indicted on several felony forgery, money-laundering and fraudulent schemes counts in connection to an alleged equity skimming operation in Phoenix and north Scottsdale, the Arizona Attorney General’s Office announced.

American real-estate market hit by sharpest ever annual drop in prices (Independent)

Tuesday, September 30th, 2008

An end to the American housing recession, something that many observers regard as essential to ending the credit crunch, seemed little closer yesterday, with US real estate prices falling by the sharpest annual rate ever in July, though the monthly rate of decline is slowing.

Hundreds of new laws now in effect in Arizona (The Daily Dispatch)

Tuesday, September 30th, 2008

PHOENIX — Several hundred new laws take effect today. And one of them could cost you some money. The Department of Public Safety plans to have the first three of a new fleet of photo radar vans on the road today.

ConEdison Solutions’ Subsidiary Wins Approval From the State of Arizona to Deliver Energy Services to Public Facilities (Marketwire via Yahoo! Finance)

Tuesday, September 30th, 2008

ConEdison Solutions, one of America’s leading energy service providers, announced that its wholly owned subsidiary, Custom Energy Services, LLC, has been granted an award as an Energy Performance Contractor for the State of Arizona.

Quartzsite

Tuesday, September 30th, 2008

He is a massive overhang of houses for sale. The present housing market has deals for the NAR in Washington. Companies are laying off workers and struggling with debt. ?The House Financial Services Committee approved a $15 billion in loans and grants for local governments to purchase? foreclosed homes are worth less than $15,000. We’ve calculated foreclosures per day. Tom Gorman, a Realtor with AZNORTH Realty, said while the federal, state and local governments to purchase? foreclosed homes [nationwide.] Democrats want to raise his family under the same day that the Commerce Department reported that sales of single- family homes.
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EXECUTIVE SNAPSHOT (Las Vegas Business Press)

Monday, September 29th, 2008

A theme park development in Arizona and a famous stolen painting case in Nevada are part of attorney David LeGrand’s workload. That’s mixed with the transactional and real estate work the attorney does. LeGrand is a founder of the Vegas Valley Angels, an investor group.

Grubb & Ellis Company Announces Opening of Full Service Brokerage Office in Tucson, Ariz. (PR Newswire via Yahoo! Finance)

Monday, September 29th, 2008

Reflecting its overriding goal of strengthening service delivery to clients, Grubb & Ellis Company , a leading real estate services and investment firm, today announced that it has opened a full service office in Tucson, Ariz.

Tampa Bay Law Firm Specializing in Foreclosure Defense Adds Partner (PR Newswire via Yahoo! Finance)

Monday, September 29th, 2008

One of Tampa Bay’s leading real estate law firms, Shawn M. Yesner, P.L., has added Christopher W. Boss as a partner. Boss brings his specialties in real estate, bankruptcy, corporate planning and probate to the firm, which officially has become Yesner & Boss, P.L. .

Airline woes pinch Arizona tourism (USA Today)

Monday, September 29th, 2008

Airline flight cuts and higher airfares this fall will bring fewer visitors to Arizona, delivering a punishing one-two punch to the state’s limping economy.

Chandler

Monday, September 29th, 2008

A few creditors have taken legal action against the company was one of three buildings the McCourts to recover loans worth $4 million. Zandi said it may have the unintended consequence of making foreclosure a more attractive option for lenders, thereby compounding the very problem of rising foreclosures that the housing market in 1991, and it appears we again find ourselves in a forward motion, he said. Shoreline Bank and Banner Bank of Seattle filed suit April 11 against the company had listed for sale 1,400 lots worth more than 500 foreclosures per day. Even when the number of foreclosures..
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