Fewer first-time home buyers likely to qualify for mortgages under tougher FHA standards

Some first-time and low- to middle-income home buyers will likely be edged out of the housing market under tougher standards recently adopted by the Federal Housing Administration, experts say.

Read more... https://www.usatoday.com/story/money/2019/03/25/home-loans-fewer-first-timers-get-mortgages-under-tough-standards/3271050002/

Meet the ASU grad atop the cannabis industry world — he just signed an $850M deal

Steve White remembers telling his parents several years ago his plan to leave a successful business law career to launch a medical marijuana company, which was —and remains — illegal under federal law.

Read more... https://www.azcentral.com/story/money/business/entrepreneurs/2019/03/29/steve-white-ceo-harvest-health-and-recreation-marijuana-arizona-grown/3145577002/

Phoenix homes prices climbed 130 percent in 10 years. What's next?

Home prices hit a new record in metro Phoenix last year, and so did incomes in the Valley.

Read more... https://www.azcentral.com/story/money/real-estate/catherine-reagor/2019/03/22/metro-phoenix-home-prices-up-130-percent-decade/3212914002/

D.R. Horton buys Phoenix land for $80 million, plans luxury homes

A homebuilder has paid a record price for approximately 120 acres in northeast Phoenix. Only one home was on the nearly vacant swath of desert.

Read more... https://www.azcentral.com/story/money/real-estate/catherine-reagor/2019/03/28/d-r-horton-buys-ne-phoenix-land-80-million-plans-luxury-homes/3302275002/