The Importance of Home Security
W hether you are a first time homeowner or have lived in the same house for many years, strong home security is essential in keeping your belongings and family safe. According to the FBI, home robberies occur every 12 seconds. To prevent a burglar from invading your home, consider implementing a home alarm system as well as some type of outdoor security. Today’s home security systems are more advanced and more effective than ever, and can be very affordable for a homeowner. There are two main types of home alarm systems: wired and wireless. With a traditional hard-wired alarm system, wires run from the main system to every point and motion detector in the house which includes all doors and windows. Setting up a hard-wired alarm system can be labor intensive...
Alphabet soup of recovery theories for Phoenix's housing market
T heories for the housing market’s recovery remind many of alphabet soup – V, W, L and U. Real Estate analyst RL Brown explains the recovery scenarios behind each letter in the latest Phoenix Housing Market Letter. V – This is the symbol behind a fast crash and subsequent fast recovery. We already know this won’t be the case. “The V’s were the rose-colored glasses folks,” says Brown. W – The symbol for a double-dip recession. If this plays out, we are in for another stock market crash, spike in foreclosures and big drop in home prices. “The W’s are the skeptics,” says Brown. L … read the rest of this post
Phoenix real estate forecasts in January
I t’s time to mark our calendars for Phoenix’s big real estate forecasts in the New Year. Unfortunately, we probably can’t look forward to much good news. Urban Land Institute Arizona’s 2010 Real Estate Trend Conference is scheduled for Thursday Jan. 21st at the Arizona Biltmore. Peter Linneman, a real estate strategist, is the keynote speaker for the event. Go to arizona.uli.org for more information about the luncheon. The Phoenix Housing Market Letter, RL Brown’s group, will hold its housing forecast on Jan. 20th. Information is available at www.rlbrownreports.com. … read the rest of this post
Phoenix drags down Mountain West in new economic/real estate report
P hoenix isn’t alone in its economic and real estate pain. The entire Mountain West area is hurting more than any other region of the country, according to a new Brookings Institute study. The first Mountain Monitor from Brookings was released earlier this week. Unfortunately, it’s another bad economic report card for Phoenix, which is one of 10 metro areas in Arizona, Nevada, Colorado, New Mexico, Utah and Idaho tracked in the survey. “Across the (Mountain) region, the deflation of a massive housing bubble, widespread job losses, and the onset of a significant public-sector fiscal crisis have wreaked havoc on many … read the rest of this post
Arizona growth expert to lead Rhode Island's economic development
A rizona business leader and growth expert Ioanna Morfessis has been recruited by Rhode Island to lead the state’s economic-development efforts. Last week, Rhode Island’s Economic Development Corp., led by Gov. Donald Carcieri, voted unanimously to offer Morfessis a three-year contract. “Ioanna is considered one of the best economic-development executives in the country with a proven track record in attracting and retaining businesses,” Carcieri said. Morfessis’ appointment was announced Friday. Her confirmation goes to the Rhode Island Senate for approval in January. “Rhode Island is an extraordinary state where the governor, General Assembly, business community, educational leaders, civic leaders and citizens are working...