Top News & Analysis Phoenix

  • Spotlight on Phoenix real estate

    Gene Urban, The Urban Team broker, looks at real estate listings in the Phoenix metro area.

  • Jenna Dillon-Gasparino, her son, William, and Rocky the dog in their house, which is on the market for sharply more than the family bought it for, just four years ago, in the Venice neighborhood of Los Angeles, May 19, 2014. In some markets, buying a house again looks like a perilous investment.

    New analysis shows that renting may prove to be a better decision than buying in major markets as prices rise and bargains disappear. The NYT reports.

  • Freeport-McMoRan is selling its Eagle Ford Shale assets in Texas to an Encana subsidiary for $3.1 billion.

  • In April 2013, Phoenix Sky Harbor International Airport’s Sky Train began service between the airport’s busiest terminal and Valley Metro Light Rail.

    Dallas, Seattle and other cities are connecting their airports to downtown by rail in hopes of easing headaches and attracting more business.

  • San Jose, Calif.

    Who would have thought that five of Zillow's top 10 healthiest housing markets would be in this state?

  • Phoenix real estate

    Gene Urban, The Urban Team at Realty Executives, weighs in on 3 listings in the Phoenix, Arizona area where the average sales price is about $215,000 in the city.

  • Sales of existing home sales nationally fell 3.2 percent in October, but in the West they were down 7 percent.

  • The case for investing in Phoenix

    Greg Stanton, Mayor of Phoenix describes what kind of investment he hopes to attract in Phoenix.

  • Along with college, the cost of housing is rising fast. Home prices are up over 12 percent from a year ago, and even rising mortgage rates do not appear to be slowing the gains.

  • A worker builds a new home at a housing development in Phoenix, Arizona.

    Finished lot prices are up an average of 40% nationwide, and in the hottest markets they've nearly doubled. USA Today reports.

  • President Obama's plan for Phoenix

    Home prices are up 35 percent in Phoenix from where they were in September of 2011, and President Obama is sharing his proposal to dismantle Fannie Mae and Freddie Mac, with CNBC's Diana Olick. Shaun Donovan, Housing and Urban Development secretary; and Jaret Seiberg, Guggenheim Partners, discuss the impact to home ownership.

  • Robert Shiller

    Housing data released Tuesday was mixed, prompting economist Robert Shiller to call the housing recovery positive in the short-term, but not without many headwinds.

  • A customer looks over a Ford Fusion parked on the lot at a dealership in Colma, Calif.

    Median-income families in only one major U.S. city actually can afford to buy a new car, a new study finds.

  • mcdonalds-sign-2-140.jpg

    McDonald's popular $1 McDouble cheeseburger, which has lured customers to the Golden Arches since 2008, is getting hard to sustain as rising beef prices threaten the company's profit margin.

  • U.S. safety regulators are nowhere near finishing an investigation into a battery fire on the Boeing 787 Dreamliner, a top official said on Thursday, raising the prospect of a prolonged grounding for the aircraft.

  • *Home prices rise for 7th month in a row. NEW YORK, Oct 30- U.S. home prices gained further traction in August, the latest sign that the housing market is on the mend, a closely watched survey showed on Tuesday.

  • NEW YORK, Oct 30- U.S. single-family home prices rose in August, the latest sign that the housing market is on the mend, a closely watched survey showed on Tuesday. S&P 500 futures edged up following the data, but the stock market will be closed for a second day in a row in the wake of a powerful storm that hit the east coast.

  • FRESNO, Calif.-- Two decades ago, Mi Pueblo Food Center began modestly as a small butcher shop run by an illegal immigrant. "We are feeling what is happening to us in a way that most companies might not, because we are founded by an immigrant and depend on immigrants to survive," said Perla Rodriguez, spokeswoman for the San Jose, Calif- based company.

  • The latest numbers show that young adults 25-29 are the primary out-of-state movers; they had the biggest gain in 13 years as they struck out on their own to test the job market in urban, high-tech meccas such as Washington, D.C.; Denver; Portland, Ore.; Seattle; and Austin, Texas.

  • *Dow down 0.2 pct, S&P 500 off 0.3 pct, Nasdaq off 0.3 pct. *Boeing dips after results, but Dow Chemical jumps on job-cut plans. The S&P 500 has lost 3.6 percent over the past five sessions, hurt by weak earnings outlooks and top-line revenue misses from large multinational companies.