Podcast: Foreclosures and short sales complicate a volatile real estate market
The troubled Phoenix real estate market has experienced high levels of activity this summer. With the federal tax credit ending soon, first-time home buyers have been scrambling to get into a deal. Meantime, investors anticipating a rise in prices are coming back to the market.
ASU-RSI: Signs point to improvement
The ASU Repeat Sales Index (ASU-RSI) continued to decline in June, but the numbers contained positive signals that improvement is the trend in the Phoenix metro real estate market.
Recession aftermath: A tentative scenario
The near-term outlook for the national economy continues to improve, but full recovery will be slow in coming, says Lee McPheters, editor of Economy@W. P. Carey. After decreasing this year, Gross Domestic Product (GDP) is expected to grow next year, but hundreds of thousands mo
Overcoming the challenges in migrating from products to services: Facing the enemy within
Charging for services involves an organizational shift.
Enough. Period.
John C. Bogle, founder of the Vanguard Mutual Fund Group and President of its Bogle Financial Markets Research Center, has been warning us for decades about the danger of short-term thinking and greed as motivator in the U.S. financial sector.
Foreclosures continue to taint Phoenix real estate market
Foreclosed homes accounted for 37 percent of the total activity in the Phoenix metro real estate market in July — down from February when foreclosures represented 51 percent of the sales.
Western states unemployment: The rest of the story
Most are aware that the official unemployment rate tells only part of the story. Lee McPheters, in the lead story of the Western Blue Chip Economic Forecast, writes that the U.S.
Bottom five: Weakest large labor markets in July
The Phoenix area was the nation's weakest large labor market in July, according to figures recently released by the U.S. Bureau of Labor Statistics.
Product companies becoming profitable services providers
Many companies have been shifting away from a sole focus on products and have added services in order to drive continued growth and differentiate themselves in an increasingly saturated marketplace. In fact, services account for 80 percent of the U.S.
Nobel laureate Myerson tells China to spend more of its dollars
Roger Myerson, a Nobel Laureate in Economics from the University of Chicago, told an audience of Chinese business executives and government officials recently that their country might do better if it liquidated some of its American investments.