The Phoenix real estate market began to turn around in 2009, but the improvement was driven by foreclosures and by investors drawn to the resulting low prices, according to the latest ASU Repeat Sales Index (ASU-RSI) report.

Real estate experts are watching for signs that the Phoenix market is returning to normal. Activity slowed a bit in November — a hopeful sign because it is consistent with seasonal norms. But the market is still feverish.

Thirty-seven years ago Roy Vallee was stocking shelves at a small electronics distribution company in Los Angeles. That small firm has grown up to become Avnet, Inc., a Fortune 500 firm located in Phoenix, Arizona.

The 'Great Recession' may be over, but like a hurricane that has battered a coastal city, the wreckage left behind will take years to fix.

The ASU Repeat Sales Index (ASU-RSI) continued to decline in June, but the numbers contained positive signals that improvement is the trend in the Phoenix metro real estate market.

In this edition of The Economic Minute, economist Dennis Hoffman says that Arizona could be called "ground zero of the worst recession since World War II." The hard economic fact is that Arizona depends on in migration to keeps its economy vibrant, and the state is not exactly a people magnet rig

When the city of New London, Connecticut, moved to take homes in the modest Fort Trumball neighborhood by eminent domain, a group of residents resisted in court. Led by Susette Kelo, the residents eventually lost their case at the Supreme Court.

William Boyes understands why his students feel the way they do about the federal minimum wage — why they seem to universally believe that the minimum wage is a good thing. It's a good thing for them; a good thing for workers across the country; a good thing for the economy as a whole.

Your dining companions are likely to influence how much you eat, or don’t eat, at lunch. Professor of Marketing Andrea Morales discovered that the amount of food your table mate orders may affect your own eating decisions.

"The idea of ownership," said W. P. Carey Economics Professor William Boyes, "is that we can do anything we want with what we own as long as it does not harm anyone else or violate anyone else's property rights." By that definition, our common concept of ownership might often be called