The number of foreclosures in the Phoenix area jumped back up in January, putting a damper on hopes for a quick 2011 recovery in the hard-hit housing market. A new report from the W. P. Carey School of Business at Arizona State University reveals details. While foreclosures represented about 30 percent of the transactions in the single-family-home resale market in the last few months of 2010, the rate bounced back up to 43 percent in the first month of 2011.
Do you know anyone who seems obsessed with a car, gun or other prized possession? Just in time for Valentine's Day, new research from the W. P. Carey School of Business at Arizona State University shows that person may actually be in love with his or her favorite object. The phenomenon is called "material possession love," and the researchers found these customers are typically lonely and can easily spend a whopping six times more money lavishing their love on beloved possessions than others spend on similar products.
Many students worry about whether they can get into a good university and whether they will be ready for college. For the second year, the W. P. Carey School of Business at Arizona State University is offering a free "bridge program" to help Arizona students with the transition from high school to university business school. The Fleischer Business Scholars Program is open to select minority and economically disadvantaged students and will take place this June at ASU.
A highly regarded Phoenix-area housing market expert says 2011 will probably mark a positive turning point. His new report from the W. P. Carey School of Business at Arizona State University shows a fifth straight month of year-over-year price declines in the market, but it also asserts a change is on the way.
The Phoenix-Mesa Gateway Airport helped generate $685 million in economic benefits last year, and the airport supports more than 4,000 jobs in the region. That's according to a new study from the W. P. Carey School of Business at Arizona State University, which looks at how the airport contributes to the local economy.
The final numbers are in, and it appears the Phoenix-area housing market saw an overall slowdown in activity for 2010. However, the rate of foreclosures went up. A new report from the W. P. Carey School of Business at Arizona State University offers year-end analysis and some overwhelming statistics.
We all want more "bang for the buck," thanks to the rough economy. When it comes to getting an MBA degree to advance your career, Bloomberg Businessweek is releasing its rankings for the best values in the world. The W. P. Carey School of Business at Arizona State University ranks among the Top 20 full-time MBA programs globally and the Top 10 in the United States.
Congress just passed the first major food safety measure in the United States in more than 60 years. Given the recent and frequent deadly foodborne-illness outbreaks, this is welcome news to many Americans. A food safety expert with the W. P. Carey School of Business is breaking down the main points of the measure, explaining how it will affect consumers when it comes to both safety and costs.
New reports show the Phoenix-area housing market is back on a downward slide, while the commercial real estate market finally seems to have leveled off. The new residential and commercial reports both come from the W. P. Carey School of Business, and the commercial study predicts some positive movement in 2011.
Things are really slowing down in the Phoenix-area housing market. The Valley of the Sun just experienced its lowest levels of foreclosures and overall resale activity in more than a year. A new report from the W. P. Carey School of Business at Arizona State University reveals the new numbers and questions why this is happening.