Thursday, January 15, 2009

Arizona News Briefs

Lots of home businesses in Surprise. Apparently potential long commutes provides the incentive to work at home.

A shipper is moving to Phoenix from Oakland to lower costs.

Tickets to the Cardinals playoff game are being scalped. It is interesting to see how the secondary market prices a scarce item.

Lots of people are underwater on their homes. A new short sale program is starting up. (A short sale is selling a home for less than the amount of the outstanding mortgage.)