The Wall Street Journal said its new weekly section covering the global luxury real-estate market will debut Friday and be called Mansion. The section, which will be led by editor Emily Gitter, will appear in the Journal every Friday in the U.S. Certain content will appear each week in the Journal's Europe and Asia editions. The new standalone section, first disclosed in July, is one of several investments the newspaper is considering at a time when its parent company, News Corp. (NWSA, NWS.AU), is preparing … [Read more...]

Phoenix, Arizona foreclosure activity falls again - Source: Phoenix Business Journal by Kristena Hansen, Reporter - Tuesday, September 25, 2012, 12:34pm MST Foreclosure activity throughout metro Phoenix and Arizona continued tumbling this summer at a rate that far outpaced the nation, according to the latest report released Tuesday by CoreLogic. Metro Phoenix’s foreclosure rate, meaning the percentage of all outstanding residential mortgages in a particular area that are in some stage of the foreclosure … [Read more...]

Source: Trulia - Foreclosure backlogs a concern in Phoenix, Miami and Detroit By Inman News, Tuesday, July 10, 2012. Asking prices for for-sale homes nationwide have risen in the last four out of five months, but the biggest market gainers also have foreclosure backlogs putting those increases at risk, according to a monthly report from real estate search and marketing site Trulia. For this report, Trulia considered the for-sale and for-rent properties listed on its website through June 30, 2012, taking into … [Read more...]