In a housing market plagued by one of the highest foreclosure rates in the country, finding and buying a home would seem to be an easy hunt, especially if you're armed with federal funding assistance.
Federal undercover agents in Arizona fired Thursday into a car carrying five males whom they were investigating, hitting two of them, said Tom Mangan, a special agent with the Bureau of Alcohol, Tobacco, Firearms and Explosives.
The home price slide accelerated during the first three months of 2009, according to a report issued Tuesday.
The weak housing market continued to plague home sellers in February as home prices extended their losing streak to 31 consecutive months, according to a report issued Tuesday.
Housing prices in 20 major cities fell at record monthly and annual levels in January, according to a private report issued Tuesday, with prices down 2.8% from December and 19% from a year earlier.
New York police have made a second arrest in the beating death last December of an Ecuadorian immigrant -- an apparent anti-Latino and anti-gay hate crime, an official with Brooklyn District Attorney Charles Hynes' office said Friday.
In Mesa, Ariz., President Obama picked an appropriate place to talk about the mortgage-default crisis: More than half the homes for sale in this sprawling suburban town are distressed properties.
Home prices fell in August for the 25th consecutive month and prices in 10 major markets plunged a record 17.7% year over year, according to a key index of real estate values released Tuesday.
"I understand why lizards live in sunny Arizona," sings Robert Earl Keen. "Why people do and call it home I'll never understand." Neither will I, but obviously we're in the minority. "People come out here - they like it," insists Tanya Wheeless, CEO of the Arizona Bankers Association.
Suspect is arrested who shot three people in a computer lab at a community college, injuring one of them critically
In a housing market plagued by one of the highest foreclosure rates in the country, finding and buying a home would seem to be an easy hunt, especially if you're armed with federal funding assistance.
Federal undercover agents in Arizona fired Thursday into a car carrying five males whom they were investigating, hitting two of them, said Tom Mangan, a special agent with the Bureau of Alcohol, Tobacco, Firearms and Explosives.
The home price slide accelerated during the first three months of 2009, according to a report issued Tuesday.
The weak housing market continued to plague home sellers in February as home prices extended their losing streak to 31 consecutive months, according to a report issued Tuesday.
Housing prices in 20 major cities fell at record monthly and annual levels in January, according to a private report issued Tuesday, with prices down 2.8% from December and 19% from a year earlier.
New York police have made a second arrest in the beating death last December of an Ecuadorian immigrant -- an apparent anti-Latino and anti-gay hate crime, an official with Brooklyn District Attorney Charles Hynes' office said Friday.
In Mesa, Ariz., President Obama picked an appropriate place to talk about the mortgage-default crisis: More than half the homes for sale in this sprawling suburban town are distressed properties.
Home prices fell in August for the 25th consecutive month and prices in 10 major markets plunged a record 17.7% year over year, according to a key index of real estate values released Tuesday.
"I understand why lizards live in sunny Arizona," sings Robert Earl Keen. "Why people do and call it home I'll never understand." Neither will I, but obviously we're in the minority. "People come out here - they like it," insists Tanya Wheeless, CEO of the Arizona Bankers Association.
Suspect is arrested who shot three people in a computer lab at a community college, injuring one of them critically
NASA's Mars Phoenix Lander began sending photos of the planet's surface on the first day of its three-month mission "to taste and sniff the northern polar site's soil and ice," the space agency said.
NASA's latest mission will analyze the Red Planet's permafrost for signs of past and present life
NASA's Phoenix lander is set to touch down in the Martian Arctic on Sunday, where it will start chewing through the permafrost in search of life
Like a miner prospecting for gold, NASA hopes its latest robot to Mars hits pay dirt when it lands Sunday near the red planet's north pole to conduct a 90-day digging mission
SI.com's experts weigh in with their predictions for Saturday's race in Phoenix.
Heading into Saturday's race in Phoenix, an anonymous NASCAR insider shares his thoughts about the latest vibes in NASCAR nation:
The family of a New York woman who died in police custody at the Phoenix airport in September filed an $8 million claim against the city Wednesday, the first step in filing a wrongful death suit
This spring, SI.com senior writer John Donovan is touring the Grapefruit and Cactus leagues to cover baseball's biggest newsmakers. Today, he files his final Hot Spot of the spring from Tucson, Arizona, home to the Diamondbacks, Rockies and White Sox.
PHOENIX -- Trying to predict the Pro Football Hall of Fame class is always difficult, but I don't recall a more difficult year in my decade and a half as one of the selectors. The reason: there are no gimmes in this group and there are varying degrees of support for many of the 17 candidates.
If your business suffers from real estate blues brought on by plummeting prices, it may come as little comfort to know that this trend was supposed to have ended by now. When the market began its downturn in early 2006, some of the smartest economists in the country, as well as the CEOs of major home-builders and the National Association of Realtors, predicted that prices would rebound by mid-2007. Instead the experts have been humbled by the depth and breadth of the downturn - and the resulting sub-prime credit crisis has shaken financial markets around the world.
The death of a woman in custody at the Phoenix airport in September was an accidental hanging, with contributing factors including "acute ethanol and prescription medication intoxication," according to a report released Friday.
Noah Gotbaum told a Phoenix airport operator that his wife was distraught after being bumped from a flight and that her situation was a "medical emergency," not a case of "some lout who's just drank too much."
What's the fastest-growing American city with more than half a million people?
PHOENIX -- The result was marked by high drama and inevitability. Bit by bit the visiting Spurs had worked off a 16-point deficit to the undermanned Suns, who used a six-man rotation, until Tony Parker in his best impersonation of Steve Nash sliced through the defense to find Bruce Bowen in the right corner for the three that gave San Antonio an 84-81 advantage, its first lead since the first quarter.
Phoenix won 54 games last year with Boris Diaw filling in for Amaré Stoudemire, and 61 this season with Stoudemire reclaiming those minutes. They're used to missing one or the other, but how can the Suns win Game 5 Wednesday in the absence of both of them?
Welcome to the NBA Finals. The league has thoughtfully fast-tracked its premier event to end the drama a month earlier than usual. Lord knows it's not to beat the heat (or, for that matter, the Heat, which is already beat), because this potential championship series is being contested in the high-mercury venues of Phoenix and San Antonio. But given the level of play in Sunday's opener between the Suns and the Spurs, it sure seems as if the eventual champion will come out of their Western Conference semifinal.
SI.com's Ian Thomsen interviewed an NBA advance scout to break down the Suns-Spurs matchup.
He's been fined and placed on probation after avoiding a post-race media session in Phoenix. He's accused NASCAR of manipulating races as if it were professional wrestling. And he's angrily accused driver David Gilliland of having little talent following a crash at Talladega. Is Tony Stewart's anger getting the best of him this season? SI.com's Lars Anderson and Tim Tuttle each offer their opinions.
On the opening lap last week in Texas, Ricky Rudd was hit from behind, sending him over the top of David Ragan backwards. More than knocking him out, the incident was a microcosm of Rudd's season, which has been moving backwards since he took the green flag for the Daytona 500.
With about five minutes left in Sunday's game at US Airways Center in Phoenix, the Dallas Mavericks went to a matchup zone, their dozenth defense of the afternoon. The Suns appeared confused, but eventually forward Shawn Marion darted to his left across the lane and put up a righthanded floater that was nearly blocked. It was an awful-looking shot. It also went in, giving Phoenix a 109-96 lead that all but sealed its 126-104 victory.
Since we can now count in days (30) the length of time until the postseason begins, it's time to contemplate intriguing playoff matchups. Oh, you've been doing that since December? Well, at least now there is some mathematical basis for all the theorizing.
Also in this column: • Mavs pass on Reggie Miller • Saluting the Sixers' effort
I traveled directly from the Phoenix Open to New York City for a staff meeting, along the way losing about 70 degrees and most of my good cheer. Being a California kid I often forget how miserable it is in most of the country this time of year, so while I am still thawing out from my cameo in NYC I want to offer some counsel to all of you would-be golfers suffering through the endless winter: start planning your trip to next year's Phoenix Open. Today. Right now. I don't care what you have to do to finance it -- break into the kids' piggy banks, dial back your 401(k) by a couple percentage points, give up lunch, whatever. Just get there in '08.
Listen! Can you hear it? That crunching sound toward the rear of the pack.
Like a lot of fellow longtime NBA executives, Pacers CEO Donnie Walsh has been watching the red-hot Suns this season with more than a passing interest.
Also in this column: • Defending Kobe's suspension • Best quotes of the year -- so far • Bright spot for hapless Celtics
How hot are the Suns? At week's end they were riding a 17-game win streak -- fifth-longest in NBA history. It follows an earlier 15-game run this season. In fact, were it not for an OT loss to the Wizards (Dec. 22) and a two-point loss at Dallas (Dec. 28), Phoenix could be looking at a 35-game win streak at this point.
No. The East is going to be wide open right to the finish, with the Pistons, Cavs, Bulls and Wizards battling it out for the best record until the final weeks. If I had to pick a team, I'd go with Detroit because of its starting five and its experience. But Chicago is learning to play together and has the depth and style of play to withstand injuries. The Bulls, with the hardest part of their schedule behind them, could be a good darkhorse candidate to finish with the best record and the No. 1 seed.
Employers and their workers often don't speak the same language. A new company called TV Trainer hopes to change that with a series of videos designed to teach Spanish-speaking employees workplace English. But for the Edina, Minn., firm to succeed, it will have to compete against established teaching practices that have been used and tweaked for years. Here's how it stacks up against other teaching tools.
As we settle into the new year, one burning question sticks in my mind: What Golden State Warrior will emerge to play bass in the garage band apparently being formed by Mike Dunleavy and Troy Murphy?
During the recent boom, few housing markets in America drew more pure speculators than Phoenix and its desert suburbs. Developers put up more than 280,000 homes in the region between 2000 and 2005, and median home prices shot up by 79 percent.
There wasn't just a boom in real estate over the past decade - there was also a big boom in real estate agents.
Q My wife and I are selling our house in Stanwood, Wash. and moving to Phoenix. (We're hoping to net $70,000.) But with the real estate market so uncertain, we're not sure whether to buy or rent t...
Police swooped in on a suspect, tying him to one of a string of assaults linked to Phoenix's "Baseline Killer."
Phoenix police are trying to solve two separate strings of killings that have terrorized the community.
Richard Arroyo was sitting in his Phoenix office when he learned that one of his company's drivers had rolled her beverage delivery truck off an icy road and into a ditch while traveling through Fl...
Real estate gains came to an abrupt halt in the first quarter of 2006, with the median price of a U.S. home falling 3.3 percent from the fourth quarter of 2005, according to a report released Monday morning.
When we profiled a group of amateur real estate speculators last year ("Riding the Boom," May 30, 2005), America was awash in a stark, raving frenzy that looked every bit as crazy as dot-com stocks...
Ogbonna Abarikwu prays throughout the day--in the shower, in the car, as soon as he opens his eyes in the morning, and when he closes them at night. His prayers, he says, are less about asking God ...
Ogbonna Abarikwu prays throughout the day, in the shower, in the car, as soon as he opens his eyes in the morning, and when he closes them at night. His prayers, he says, are less about asking God for what he wants (God, make me rich!) than humbly asking what God wants for him. He calls it searching God's face, and he works hard at it.
"If you've never thrown a Frisbee before and you suddenly throw one, everything about the entire movement doesn't make sense. It just feels incredibly awkward and it's very humbling."
HOW'S THIS FOR AN IDEA? TO discourage Americans from buying inexpensive drugs from Canada, maybe the drug industry should raise the specter of terrorists killing U.S. citizens with poison pills fro...
How's this for an idea? To discourage Americans from buying inexpensive drugs from Canada, the drug industry should raise the specter of terrorists killing U.S. citizens with poison pills from north of the border.
During a recent layover in Phoenix, I checked my voicemail and heard a doom-laden message from one of my employees: "We've got a serious problem here!" he said. "Call me back as soon as you get thi...
Stand in the middle of the Sonoran Desert and the landscape seems limitless. Plan a golf vacation to Phoenix and the options seem equally limitless.
Marcia Veidmark, 56, has been running her Phoenix-based construction firm since 1969. She has 30 employees, owns 89% of the stock, and was recently recognized by the Phoenix Chamber of Commerce as ...
It's no news to homeowners: Real estate has been a terrific investment for a decade or more. So is it too late to invest in property now? Not according to most real estate economists, executives, a...
Big businesses know what to do when they fall on bad times: change their names. Just ask WorldCom--now MCI--or the Altria Group, née Philip Morris. "This is a new trend, changing a company's name t...
You might think of Phoenix as a vast conglomeration of suburbs, and you'd be right. The city has grown largely by annexing its own suburban sprawl. But doesn't mean it's monotonous -- many Phoenix neighborhoods have real character.
For many of us, winter vacations are as much a necessity as a luxury. They are a respite from a strenuous and often stressful time of year: those months that kick off the Tuesday after Labor Day an...
When you think of Phoenix, you probably think of sprawl, lots of purple and turquoise, and phrases like, Yes, but it's a dry heat. But there's more to the city than meets the eye: Within an hour's drive are natural and historic attractions that make Phoenix the perfect base for a winter vacation in the desert.
We handed $100 to Christie Dufault, sommelier at Vincent Guerithault on Camelback, in Phoenix, and a tour guide to France for Butterfield & Robinson. Her mission? Buy wine and take notes:
DEMOGRAPHICS
It should come as no surprise that seven of our ten boomtowns are located in the West. After all, this part of the country has always attracted pioneers--in this case, entrepreneurs such as compute...
Inside the Wal-Mart at Tatum Boulevard and East Bell Road in Phoenix, a lonely Cellular One kiosk is set up across from a rack of $9.98 Steven Seagal and Elvis videotapes. Late one recent afternoon...
One sure-fire cure for the winter blahs is to send your taste buds scorching into the stratosphere. While the spots below draw spicy inspiration from different corners of the globe, each one makes ...
As stock investors get tossed in the sea of market volatility, bond buyers are calmly sailing to equity-like returns. Funds that invest in the fast-growing markets of Latin America, Asia and Easter...
Emerging markets--and junk--provided a bond bonanza. Bond funds that specialize in the debt of developing countries such as Argentina and Mexico served up sizzling returns this year. Our 1997 leade...
It was a very happy birthday for $30 million Phoenix Emerging Markets Bond A, which turned one year old in September and sits atop our one-year leaders list with a 51.6% return to the 23rd. But whi...
As more and more companies move away from centralized, mainframe-based computing to the red-hot area known as client/server or distributed computing, they are finding out the switch is neither easy...
In reading March's "Trashed by Junk," I had sympathy for the man whose interest on his junk bonds is paid in the form of additional securities that are practically worthless but taxable at face val...
One of the tenets of sound investing is to buy what you know. And the new, exclusive MONEY/Nordby Cities Index of leading stocks in 24 major metropolitan areas shows how great the opportunities can...
QUESTION: WHAT DO YOU CALL A REtirement savings vehicle that crosses an insurance contract with a mutual fund to produce gains that are turbocharged and tax-free? Answer: real hot. Or so you may al...
Dear Mr. Statistics: I am a widow with a modest but steady income and am looking for new ways to invest the $25 per week that I do not need for living expenses. The 2 1/2% or so I could earn at sav...
The RTC's perpetual clearance sale has opened up high-return investment opportunities for savvy real estate players. There are even some limited ways for ordinary folks to get in the game, but buyi...
One of the surest ways to make money in the stock market, many investors believe, is never to lose it. That's the philosophy at the heart of the nine remarkably steady funds profiled in this story....
THE THREE FUND FAMILIES YOU'RE about to meet have no famous money managers to brag about, and the companies themselves are a long way from being household names. But few other groups can match thei...
New York psychiatrist Mitch Rosenthal, 54, has spent his career disproving what he was taught in medical school about drug abusers: ''Once an addict, always an addict.'' Of the roughly 100 private,...
It seemed a sensible precaution. In the summer of 1988, Nancy Houck, a registered nurse who lives in Mesa, Ariz., 15 miles east of Phoenix, decided to have her fallopian tubes tied, a simple hospit...
A typographical error in the table accompanying our story ''MONEY Rates the 20 Biggest Airports'' last month caused some information to be printed out of sequence. As a service to readers, we here ...
FORTUNES HAVE been made and lost over the ownership of ideas. The concept of intellectual property takes on special urgency in high-technology businesses because invention is the industry's stock i...
Stormy weather. Ever since October, fund investors have been buffeted by it. Thus, this month we update our list of All-Weather funds -- 10 durable entries that in the five years to Dec. 1 provided...
After tax reform effectively wiped out tax shelters, you might have thought limited partnerships would go the way of the dinosaur. They haven't. With tax rates lower, sponsors of partnerships have ...
AS THE SERVICE SECTOR continues to outshine manufacturing, as tomorrow's technology replaces today's, U.S. cities are fast learning to adapt. Some have emerged from the process as veritable boomtow...
Veteran mutual fund investors know that the road to high long-term returns is usually neither straight nor smooth. Over time, they figure, returns will be commensurate with risks -- the bigger the ...
With some help from tax reformers, variable annuities have become a hot item. Sales have been running at twice the year-ago level, say the insurance companies that offer them. Investors should be c...
No, vulture funds are not bleeding-heart charities devoted to saving the scruffy-looking scavanger. Rather they are new limited partnerships that buy real estate or oil and gas properties in overbu...
A DOZEN OR SO companies are bringing computer-aided design--the technology engineers use to fashion cars and airplanes--to the practice of medicine. Through the magic of CAD, as it's called, doctor...
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