Tag Archives: real estate
This Isn’t the First Crisis The Valley’s Banking Industry Has Faced
The Valley has come a long way over the past 25 years, and the banking and financial sector is no exception. Challenges, crises and legislation brought about dramatic change that has created a new era in banking and finance. In … Continue reading
Some Of The Troubles Facing The Real Estate Sector Today Ring Familiar
The landscape of the Valley’s real estate market in the mid 1980s was vastly different from today, but, as most developers are painfully aware, many of the challenges are markedly the same. What is different today is the solid foundation … Continue reading
The Wave Of Bank Mergers Has Changed The State’s Financial-Services Landscape
The banking industry has plenty of troubles, but in Arizona, the least of its problems is the aftermath of recent mergers. Bankers and industry observers say the state’s financial-services landscape hasn’t significantly changed because of the consolidations. Other than the … Continue reading
Stabilizing Asset Prices Is Key To An Economic Recovery
The declines in asset prices are sweeping around the globe like a giant tsunami tumbling everything in its wake. Equity prices are down 47 percent from their highs, commodities 53 percent and, of course, residential real estate 25 percent. Industrial … Continue reading
Best of the Best Awards 2009: Real Estate Residential
Real Estate Residential Honoree: Homebuilders: 12 developments or more Pulte Homes and the Communities of Del Webb Building on a reputation of quality home construction and commitment to superior customer satisfaction, Pulte Homes and the Communities of Del Webb provides … Continue reading
CEO Series: Keith Maio President and CEO National Bank of Arizona
Keith Maio President and CEO National Bank of Arizona Assess the current state of the banking industry in Arizona. It looks pretty tough. The economic environment is difficult. What we deal with in Arizona is that we have a real … Continue reading
As Commercial Real Estate Sector Prepares To Be Hit By Recession, Leaders Should Become Proactive
The headlines today have focused on the bailout of the banking industry and the housing market’s severe contraction. Not a lot of attention has been paid to the commercial real estate sector. As with all business cycles, there is a … Continue reading
Homebuilders Refining Their Services
In light of the economy’s condition, homebuilders are refining their services to meet the needs of their customers. The Valley’s housing market continues to ride real estate’s proverbial wave, sometimes enjoying the crest, and right now just trying to survive … Continue reading
Real Estate Companies Are Seizing Opportunities During The Bust
With dark clouds hanging over the country’s economy and property prices tumbling, many people consider the idea of buying real estate absurd. Yet Valley real estate experts contend right now is the best time to buy. Jeff Pavone, principal of … Continue reading
Housing Crash Hurts The Valley’s Luxury Home Market
High-End Distress: The housing crash is now hurting the Valley’s luxury home market A meticulous five-bedroom, remodeled home sits nestled in one of Paradise Valley’s most beautiful neighborhoods. But the most remarkable thing about this home is not its one-acre … Continue reading
The Long View
By Melissa Bordow In real estate, as in love, beauty is in the eye of the beholder. So when you ask major players in the Valley’s office-condominium market how attractive it is, you’ll get wildly divergent answers. On one hand, … Continue reading
As More People Lose Their Homes, Banks Are Left Holding The Keys
Acquiring real estate through foreclosures is not exactly the type of transaction banks relish. That’s especially true in a down market that is overloaded with raw land and homes — and a paucity of potential buyers. Estimates of the amount … Continue reading
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