John Frederick Sells Phoenix Area Real Estate

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WSJ.com: Real Estate
Empty Mall Stores Trigger Rent Cuts7/9/2009 9:51 AM
Retail chains are using the fine print in their leases to demand rent reductions, eking out critical savings and pressuring mall owners already struggling with vacancies.


Vornado to Raise PE Fund7/9/2009 6:01 AM
Vornado Realty Trust is seeking to raise $1 billion for a private-equity fund to invest in the wave of distressed properties expected to hit in the next few years.


London Office Deals Pick Up7/8/2009 2:31 AM
Union Investment agreed to buy a prime office building in the City financial district, the latest positive sign for London's commercial-property market.


Hotels Sound Alarm on Time Shares7/9/2009 4:45 AM
The hotel industry is moving away from one of its former profit centers: time shares.


Both Good and Bad News7/8/2009 9:05 AM
The news that a New York City skyscraper sold for about $600 million holds good and bad news for the nation's largest and priciest office market.



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Welcome to JohnSellsPhoenix.com , your source for Phoenix Area real estate.

In today's competitive real estate market, timing is everything. Many good homes are sold before they are ever advertised. Beat other homebuyers to the hottest new homes for sale in The Valley of the Sun with my New Listings Notification

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In addition, if you have any general questions about buying or selling real estate in Arizona, please contact me as I'm more than willing to help.

Please browse my website for listings, reports and important local real estate information.

Sincerely,

John Frederick
RE/MAX Desert Showcase

 

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Yahoo! News: Top Stories
Hundreds protest in Iran, defying crackdown vow (AP) 7/9/2009 3:01 PM

In this photo taken by an individual not employed by the Associated Press and obtained by the AP outside Iran shows Iranian protestors run away from tear gas fired by security in an opposition rally in Tehran, Iran, Thursday, July 9, 2009. Hundreds of young men and women chanted 'death to the dictator,' confronting police wielding batons and firing tear gas in the capital Thursday as opposition activists sought to revive street protests despite authorities' vows to 'smash' any new marches. (AP Photo) EDITORS NOTE AS A RESULT OF AN OFFICIAL IRANIAN GOVERNMENT BAN ON FOREIGN MEDIA COVERING SOME EVENTS IN IRAN, THE AP WAS PREVENTED FROM INDEPENDENT ACCESS TO THIS EVENTAP - Thousands of protesters streamed down avenues of the capital Thursday, chanting "death to the dictator" and defying security forces who fired tear gas and charged with batons, witnesses said.


Conservative House Dems rebel on health care bill (AP) 7/9/2009 3:02 PM

Harvard Pilgrim Health Care President Charles Baker arrives at a news conference, in Wellesley, Mass., Wednesday, July 8, 2009, held to announce that he is resigning from his private-sector job to enter the 2010 campaign for Massachusetts governor. Baker and convenience store magnate Christy Mihos are seeking to unseat incumbent Democratic Gov. Deval Patrick. (AP Photo/Steven Senne)AP - Conservative Democrats in the House rebelled against their party leaders Thursday, raising concerns about the cost of President Barack Obama's health care overhaul and seeking to put the brakes on legislation. The fiscally conservative Blue Dog Coalition planned to present a letter to House Democratic leaders asking for more time, members of the group told The Associated Press.


More than 300 injured by strong quake in China (AP) 7/9/2009 3:00 PM

A quake reading on a seismograph. A moderate earthquake Thursday in southwestern China injured more than 300 people, 30 of them seriously, and led to the collapse of thousands of homes, state media and seismologists said.(AFP/File/Nicolas Asfouri)AP - An earthquake rocked southwest China on Thursday evening, injuring at least 336 people and collapsing 10,000 homes, state media said. The magnitude-6.0 temblor centered in Yunnan province's Yao'an county damaged some 30,000 homes, the Xinhua News Agency said.


Worst violence since US pullback hits Iraq (AP) 7/9/2009 3:00 PM

Residents sit near the site of a bomb attack in Sadr City in Baghdad, July 9, 2009. Seven people were killed and 20 were wounded in a twin bomb attack at a market in Sadr City, a poor, Shi'ite Muslim area of the Iraqi capital.  REUTERS/Sattar al-Rubaie (IRAQ CONFLICT)AP - Bombs killed nearly 60 people in Iraq on Thursday in the worst violence since U.S. combat troops withdrew from urban areas last week, and American forces released five Iranian officials suspected of aiding Shiite insurgents.


GM sale cleared, path opens to exit Chapter 11 (AP) 7/9/2009 2:59 PM

The General Motors headquarters is seen in Detroit, Thursday, July 9, 2009. The path is now clear for General Motors Corp. to leave bankruptcy protection in record time as a leaner company that is better equipped to compete in a brutal global auto market. On Thursday, a judge's order allowing GM to sell most of its assets to a new company went into effect, despite a last-minute appeal by plaintiffs in a product liability case. (AP Photo/Carlos Osorio)AP - The path is now clear for General Motors Corp. to leave bankruptcy protection in record time as a leaner company that is better equipped to compete in a brutal global auto market. On Thursday, a judge's order allowing GM to sell most of its assets to a new company went into effect, despite a last-minute appeal by plaintiffs in a product liability case.


Train hits car near Detroit, killing 5 in sedan (AP) 7/9/2009 2:43 PM

Emergency medical technicians leave the scene in Canton Township, Mich., Thursday, July 9, 2009 where an Amtrak passenger train carrying about 150 people struck a car at a road crossing near Detroit killing all five people in the sedan, authorities said. The crossing has a gate and flashing lights that were believed to be working when the car approached, said Sgt. Mark Gajeski, a police spokesman.  (AP Photo/Carlos Osorio)AP - An Amtrak passenger train carrying about 170 people struck a car at a road crossing near Detroit on Thursday, killing all five people in the sedan, authorities said.


Monkeys live longer on low-cal diet; would humans? (AP) 7/9/2009 1:42 PM

This May 28, 2009, photo provided by the University of Wisconsin at Madison via the journal Science shows Rhesus monkeys Canto, 27, left, who is on a restricted diet, and Owen, 29, right, who is on an unrestricted diet, at the Wisconsin National Primate Research Center at the University of Wisconsin-Madison. The two are among the oldest surviving subjects in a pioneering study of the links between diet and aging in Rhesus macaque monkeys. The 20-year study found cutting calories by almost a third slowed the aging of monkeys, and fended off death, and shows the first evidence that it delays the diseases of aging in primates too, researchers from the University of Wisconsin report in the Friday, July 10, 2009, issue of the journal Science.  (AP Photo/UW-Madison University, Jeff Miller)AP - Eat less, live longer? It seems to work for monkeys: A 20-year study found cutting calories by almost a third slowed their aging and fended off death. This is not about a quick diet to shed a few pounds. Scientists have long known they could increase the lifespan of mice and more primitive creatures — worms, flies — with deep, long-term cuts from normal consumption.


Pelosi shuts down resolution on Michael Jackson (AP) 7/9/2009 1:41 PM

Fans of U.S. pop star Michael Jackson gather at the Tivoli Gardens in central Copenhagen, Denmark, Thursday, July 9, 2009, to commemorate the life and work of the king of pop Jackson.  many gathered at Tivoli where they showed some of Michael Jackson's videos and the movie of the Live in Bucharest – The Dangerous Tour concert. (AP Photo/POLFOTO, Jens Dige)AP - House Speaker Nancy Pelosi shut the door Thursday to a resolution honoring Michael Jackson because debate on the symbolic measure could raise "contrary views" about the pop star's life.


Going vertical: Brothers live on building's wall (AP) 7/9/2009 2:57 PM

Brazilian artists Gabriel Primo, left, and Tiago Primo sit in their installation art work, exhibited on the wall of a building, in Rio de Janeiro, Thursday, July 9, 2009.  (AP Photo/Ricardo Moraes)AP - Two brothers in Rio are living over the edge — literally: sleeping, working and eating on the side of a building 33 feet (10 meters) up in the air. Twenty-seven-year-old Tiago Primo and his 20-year-old brother Gabriel spend 12 hours a day in the bed, hammock, chair and dining table they've attached to a bright red-and-yellow wall as part of an art exhibit in Rio's old center.


Price, Rays complete sweep of Halladay, Blue Jays (AP) 7/9/2009 1:40 PM

Tampa Bay Rays pitcher David Price delivers to the Toronto Blue Jays during the first inning of a baseball game, Thursday July 9, 2009, in St. Petersburg, Fla. (AP Photo/Brian Blanco)AP - Rookie David Price outpitched Roy Halladay, and Carlos Pena snapped a fifth-inning tie with a two-run double that helped the Tampa Bay Rays beat the slumping Toronto Blue Jays 3-2 Thursday for a three-game sweep.


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