The housing data company RealtyTrac is releasing its fourth quarter report on residential properties that are deeply underwater, meaning they are worth at least 25 percent less than the properties are worth.
Maricopa County will spend tens of millions of dollars over the next several years to meet a federal court ruling against county Sheriff Joe Arpaio. County supervisors approved more than $7.5 million dollars on Wednesday.
After more than 30 years of legal battles over the state’s treatment of seriously mentally ill people, a historic settlement was announced on Wednesday by Gov. Jan Brewer. The state and attorneys for the mentally ill reached an agreement that promises more services and opportunities.
Every Saturday in The Arizona Republic’s economy section, the paper includes a list of the five-highest priced Valley homes that were sold in the past week. Except in rare cases, the homes cost at least $2 million, and often the new owners paid cash. What, if anything, does that indicate about the broader real estate market?