AZ regulators issue cease-and-desist for developer they say is building ‘wildcat’ subdivisions

The Arizona Department of Real Estate issued a cease-and-desist order to a developer they say is illegally subdividing land in Rio Verde Foothills. [wpts_spin]{Read|See} the {entire|full} article {on|about} real estate tech innovations, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real estate investing in Arizona}. We {warmly |}{welcome and |}encourage you…

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Today’s 30-year mortgage interest rates hold at 6.63%, while 15-year mortgage rates fall to 5.75%

By: The median interest rate on a 30-year fixed-rate mortgage is 6.63% as of October 21, which is unchanged from Friday. Additionally, the median interest rate on a 15-year fixed-rate mortgage is 5.75%, which is 0.13 percentage points lower than Friday. The number of newly listed homes is starting to tick higher as mortgage rates stabilize,…

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Developer buys Arizona vacant medical office building

Real estate developer Meridian has purchased a vacant, 94,569-square-foot medical building in Tucson, Ariz.The property will be fully occupied by El Rio Health, a federally qualified health center that has served patients in Tucson for 54 years, according to an Oct. 21 press release.  The former inpatient cardiovascular hospital has been vacant for 15 years….

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The truth about jobs, layoffs and unemployment — and why investors shouldn’t sweat

Remember those bears growling through the spring and summer about rising unemployment numbers? September’s better-than-forecast jobs data finally silenced them. But any more bad reports in the … Remember those bears growling through the spring and summer about rising unemployment numbers? September’s better-than-forecast jobs data finally silenced them. But any more bad reports in the…

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