AZ Real-Estate News

Home prices show upward trend in parts of NM (KOB-TV Albuquerque)

Real estate experts say even though home prices in the Albuquerque area and other parts of the state area are lower than a year ago, they're not as bad as other parts in the country.

Commercial Mortgages With `Outlandish' Forecasts Roil Bonds (Bloomberg)

Nov. 20 (Bloomberg) -- Mortgages on offices, shopping malls and hotels that were based on projections of soaring income during the real estate boom are roiling the bond market.

Dairy business Arizona Maricopa buys Coopersville Delphi plant for $4.4 million (The Grand Rapids Press)

The Arizona dairy business is owned by the Arie De Jong family, a long-standing member of the California milk industry. Although the product mix and job picture for its new Coopersville site is still fuzzy, the future of the 300,000-square-foot plant looks like it lies with milk. • Read the story

SCF Arizona locates near light rail in Phoenix (The Arizona Republic)

SCF Arizona has expanded its real-estate investments with the $39.4 million purchase of a new office building near Washington and 44th streets.

Settlement talks begin over FLDS trust (Deseret Morning News)

Lawyers in the ongoing legal battle over the United Effort Plan Trust have begun meeting in an effort to end a legal war over the Fundamentalist LDS Church's real estate-holdings arm.

Arizona Home and Land is your one-stop shop for all your property needs (The Daily Dispatch)

Arizona Home and Land Realty is ready to help you find that perfect home. The agency, located at 1730 E. 10th Street (in the former location of H&R Block, specializes in all types of real estate -- Property management, residential resale, new home sales, land sales and investment homes.

FDIC to open office in Irvine (Los Angeles Daily News)

The Federal Deposit Insurance Corporation will open a temporary office in Irvine to deal with the collapse of the residential real estate market in the west, the agency said today.

Guardian Management buys assets of bankrupt firm (BizJournals)

Guardian Management LLC has entered an agreement to acquire the real estate assets of a bankrupt Orange County real estate investment firm.

Andres Gavinet Appointed CFO of Younan Properties (Business Wire via Yahoo! Finance)

LOS ANGELES----Younan Properties, Inc., one of the nation’s largest privately-held real estate investment and asset management companies, announced that it has appointed Andres R. Gavinet to the new post of Chief Financial Officer.

How to flip an Arizona house for profit in this market (ABC 15 Phoenix)

If flipping a house in today's real estate market seems riskier than trekking with a ragtag band of hobbits to Mordor, take heart: Home flippers can still find plenty of opportunities, though they're not entirely without risk.

Arizona Home and Land is your one-stop shop for all your property needs (The Daily Dispatch)

Arizona Home and Land Realty is ready to help you find that perfect home. The agency, located at 1730 E. 10th Street (in the former location of H&R Block, specializes in all types of real estate -- Property management, residential resale, new home sales, land sales and investment homes.

South Florida Home Price Drop Double US (CBS4 Miami)

A new report shows home prices fell in a record 4 out of every 5 cities in the third quarter, and in South Florida, fell by almost 17 percent when compared to the same time one year ago, as the real estate market was flooded with foreclosures and stalled by alarming economic news. The South Florida decline was nearly double the national average price decline.

Windermere.com Homepage Undergoes Renovation (Marketwire via Yahoo! Finance)

Windermere Real Estate announced today the unveiling of their new homepage and search interface on the company's website, Windermere.com. The new website simplifies how consumers start their home search by featuring a clear and familiar method to Internet searches: a single search box. The new homepage can be seen at www.windermere.com.

Fitch Affirms FMC Real Estate CDO 2005-1; Assigns Outlooks (Business Wire via Yahoo! Finance)

NEW YORK----Fitch Ratings affirms and assigns Rating Outlooks to FMC Real Estate CDO 2005-1 Ltd. as follows:

EDR Data Indicates Commercial Real Estate Will Continue to Struggle (Business Wire via Yahoo! Finance)

MILFORD, Conn.----The commercial real estate industry is suffering continued declines in activity across the nation, according to Environmental Data Resources trend data published today.

Arizona real estate auction boasts more than 150 properties (ABC 15 Phoenix)

National Real Estate Auction Corporation (NREAC) has over 150 properties ordered to be auctioned at its upcoming "Great Arizona Real Estate Auction."

NFL Skinny: Hightower, lower expectations (Yahoo! Sports)

A starting gig in Arizona's backfield hasn't been as lucrative for Tim Hightower as many expected it to be.

Johnson Capital racks up $120M in deals (BizJournals)

Johnson Capital’s Denver office arranged $120 million in financing for real estate transactions in the third quarter, according to the company.

Arizona Home and Land is your one-stop shop for all your property needs (The Daily Dispatch)

Arizona Home and Land Realty is ready to help you find that perfect home. The agency, located at 1730 E. 10th Street (in the former location of H&R Block, specializes in all types of real estate -- Property management, residential resale, new home sales, land sales and investment homes.

Two Experienced Real Estate Executives Join Watt Companies to Lead Acquisition Efforts (Business Wire via Yahoo! Finance)

SANTA MONICA, Calif.----Signaling its intent to step-up acquisition efforts, Watt Companies has added two seasoned executives to lead the firm’s acquisition activities, with a focus on office opportunities and retail development.
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