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New foreclosure filings in Arizona have fallen to the lowest level in seven years, a sign of a recovering housing market, according to RealtyTrac, a real estate information company. Read more»

The average homeowner installing solar would pay $7 a month to use the electric grid under a recommendation by the state’s advocate for residential utility ratepayers. Under the proposal from the Residential Utility Consumer Office (RUCO), that amount could eventually reach about $20 a month. Read more»

State Sen. Kimberly Yee, R-Phoenix, said a law she authored requiring personal finance instruction by Arizona schools will help young people make better-informed choices on money.

When Mitch Ruttenberg teaches economics at Trevor G. Browne High School, he ends each semester with lessons on credit cards, taxes, budgeting and other aspects of personal finance. “It’s last thing they get from me because I know that’s what they need the most,” he said. Read more»

A Valley developer acquired nearly 600 acres of farmland in Casa Grande to build PhoenixMart, billed as an international trade center.

A Phoenix developer is set to break ground on a 1.7 million-square-foot center in Casa Grande, allowing manufacturers from around the world to market their wares to other businesses. Read more»

Joseph Garcia, director of the Latino Public Policy Center at Arizona State University’s Morrison Institute for Public Policy, said the partnership with Chicanos Por La Causa will help Blue Cross Blue Shield of Arizona gain the Latino community’s trust.

When Chicanos Por La Causa holds events, representatives from Blue Cross Blue Shield of Arizona will be there to connect and inform the Latino community about the Affordable Care Act. The two organizations have collaborated on a public service announcement airing on Univision and Telemundo. Read more»

Jagar Carrillo said he was surprised to learn from a recent identity-theft seminar at Arizona State University’s West Campus that as an adult under 30 he’s part of a group that accounts for a quarter of all identity theft victims.

A recent identity-theft seminar for students at Arizona State University’s West Campus left Jagar Carrillo concerned about social media use and other factors that can make younger people targets. He planned to check his credit score immediately. Read more»

Davis-Monthan Air Force Base in Tucson furloughed more than 1,600 civilian employees, Staff Sgt. Angela Ruiz, a spokeswoman, said in an email.

Arizona's military bases have furloughed at least 2,000 employees and curtailed services due to the partial shutdown of the federal government. However, officials say training and other essential operations will continue. Read more»

Cami Elliott, president of the Phoenix Association of Realtors, said some homeowners who had been underwater within the past year are now able to break even or even profit when selling homes.

With prices surging, the percentage of Arizona homes that are underwater has fallen dramatically since last year. Read more»

Utility lines in a Golden Valley neighborhood. The Arizona Corporation Commission’s sudden decision to stop considering electric deregulation left proponents contemplating their next moves.

The Corporation Commission’s sudden decision to stop exploring electric deregulation left proponents stunned and pondering their next moves. Read more»

A home under construction in Gilbert. According to one measure, the number of new homes for sale in the Phoenix area is less than a third of what it was in 2007.

Home prices are on the rise in the Phoenix area, but new single-family homes aren’t very plentiful because of the time it takes homebuilders to get land ready for construction. Read more»

Susan Bitter Smith, a member of the Arizona Corporation Commission, said providing provide water utilities with scheduled rate increases to replace and repair equipment would benefit companies and consumers.

Some Arizonans, especially those in rural areas, face having their water bills dramatically increase when providers need to finance infrastructure improvements. Read more»

U.S. Sen. John McCain, R-Ariz., said there is strong, broad-based support for reforming U.S. immigration policy.

There’s little doubt about the economic benefits of immigration reform for both the United States and Arizona, U.S. Sen. John McCain told business leaders in Phoenix on Wednesday. Immigration reform would add $616 million to Arizona’s economic output and create more than 8,000 jobs by 2014, he said. Read more» 5