Foreclosure activity in March 2009 represented 31 percent of the 8,610 resale homes recorded sold, which is down from the 51 percent of foreclosure activity in transactions for February 2009.
Homes in the Phoenix area lost about a third of their value last year, according to the latest numbers from the Arizona State University-Repeat Sales Index.
The Dean’s Council of 100, a national group of business executives who advise the W. P. Carey School of Business, is honoring First Solar CEO Mike Ahearn as Executive of the Year.
The School of Business ranks among the Top 25 schools in the world for business research productivity, according to an annual study by the University of Texas at Dallas.
Analysis from business professor Lee McPheters shows that even though some Western states are among those hardest hit by unemployment from the recession, they may not receive as much help from the federal stimulus package.
February 2009 resale activity experienced an upsurge of 8,510 resale homes recorded sold; however, foreclosure activity represented 51 percent (4,295 transactions).
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