Phoenix, Arizona Reverse Mortgage and Seniors Related Information and Fun Facts
Thinking about getting a reverse mortgage in and you live in Phoenix, Arizona? You are not alone!
Many people make Phoenix a part-time home -- they live in Phoenix in the winter months and then escape during the summer months. No matter what you enjoy, Phoenix has it all. From professional sports to ballroom dancing classes -- you are sure to find plenty to keep you active during your retirement.
Echo Canyon Park in Phoenix Arizona
World Famous Biltmore Resort in Phoenix, Arizona
Phoenix, Arizona Real Estate Trends
Phoenix, Arizona Real Estate Trends @ Trulia
Phoenix, Arizona Fun Facts
Phoenix is the State Capitol of Arizona -- the largest state capital in the United States in terms of population. Phoenix is the only state capital with a population of more than one million people.
The city's metropolitan area is also known by its nickname, "The Valley of the Sun" or the shortened "The Valley," because the city is surrounded by mountains on all sides. Residents of the city are known as Phoenicians.
The city is currently the fifth largest city in the United States[2] in terms of population with a 2007 estimated population of 1,552,259. During the 1990s Phoenix competed for the title of fifth largest city in the United States with Philadelphia.
The history of Phoenix as a city begins with Jack Swilling, an American Civil War veteran who had come west to seek wealth in the 1850s and worked primarily in Wickenburg. On an outing in 1867, he stopped to rest at the foot of the White Tank Mountains. Swilling observed the abandoned river valley and considered its potential for farming, much like that already cultivated by the military further east near Fort McDowell. The terrain and climate were optimal; only a regular source of water was necessary. The existence of the old Hohokam ruins, showing clear paths for canals, made Swilling imagine new possibilities. Lord Darrell Duppa suggested the name "Phoenix," when naming the city -- as it described a city born from the ruins of a former civilization.
The city of Phoenix is divided up into 15 urban villages. Inside some of the Villages are well-known neighborhoods, or districts, which are listed as subpoints. These urban villages are: Ahwatukee Foothills, Alhambra, Camelback East, Central City, Deer Valley, Desert View, Encanto, Estrella, Laveen, Maryvale, North Gateway, North Mountain, Paradise Valley (not to be confused with the town of Paradise Valley), South Mountain and Rio Vista. Rio Vista was created as New Village in 2004 and is currently very sparsely populated, with no large amount of development expected in the near future.
Source: Wikipedia
Phoenix, Arizona Senior Related Links
Arizona Senior Center Association
Arizona Department of Veteran Services
City of Phoenix Senior Services
Recent News Updates
Many not ready for shift to digital TV; feds faulted
6 January 2009 | 11:00 pm
Every television station will soon be broadcasting only crystal-clear digital pictures, switching off the old-fashioned analog waves. But some TV viewers will be left watching nothing but static.
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Youngest county in Arizona hints at the future of rural life in an aging America.
Confession by boy in dual killing is set aside
6 January 2009 | 11:00 pm
Prosecutors in the double-murder case against a 9-year-old St. Johns boy have agreed to throw out the child's confession, adding new twists to what already constituted a legal labyrinth.
What's awaiting Gov. Janet Napolitano
6 January 2009 | 11:00 pm
Confirmation should be easy, but her job won't be.
Arizona's homeownership rate falls to 70.4 percent
5 January 2009 | 5:22 pm
In mid- 2008, the most current figures available, Arizona's homeownership rate had dipped to 70.4 percent, according to Elliott D. Pollack & Co. The state's homeownership rate hit a high of 71.6 percent in early 2006. That, of course, was at the height of the housing boom. Befo...
Urban Land Arizona market forecast
2 January 2009 | 10:31 am
Housing, growth and development experts will give their prognosis for the market on Jan. 15th at Urban Land Institute’s Arizona Real Estate Trends conference. The event has become a must-go for people working in the real estate industry and others impacted by it. The conference sta...
Small signs of hope in housing market
31 December 2008 | 9:54 am
There's no doubt that 2008 will go down as one of the worst years for the Valley's real estate market. But the year is almost behind us, so let’s look ahead and focus on any signs of a recovery or at least that the market has hit bottom. Here are some new key indicators of the cur...
Phoenix housing analysts' foreclosure cure
29 December 2008 | 11:05 am
RL Brown, publisher of the Phoenix Housing Market Letter, has worked with his colleague Greg Burger to come up with a plan for what needs to happen to stem foreclosures. + Keeping homeowners in their homes … a near term moratorium for those facing imminent foreclosure and compete...
Metro Phoenix home building falls to a crawl
17 December 2008 | 8:49 am
Home building continues to slow across metropolitan Phoenix. There were only 295 new home permits issued Valleywide last month, according to an early count from by RL Brown's Phoenix Housing Market Letter. Lenders continue to resell foreclosure homes for bargain prices, which is m...
Arizona regulator on national bank task force
16 December 2008 | 9:35 am
Arizona Department of Financial Institutions Superintendent Felecia Rotellini has been appointed to a task force that will examine the nation's financial regulatory system. The Conference of State Bank Supervisors has pulled together a group to look into any moves made by Congress to regulate ...
Arizona Land Dept. auctioning Phoenix land Tuesday
15 December 2008 | 3:06 pm
The Arizona State Land Department is putting 737 acres in northwest Phoenix on the auction block tomorrow morning at 10:00 a.m. The land, near Interstate-17 and the Carefree highway, is zoned for single-family homes. But its part of the land that the City of Phoenix wants to preserve.
Obama's pick for HUD
15 December 2008 | 12:39 pm
President-Elect Barack Obama has made his pick for the new head of HUD. This choice isn’t garnering the attention of his pack picks, but the U.S. Department of Housing and Urban Development will play a key role in the recovery of the housing market and economy. The $121 million in federa...
AZ Housing Dept. gets federal funds for foreclosure counseling
11 December 2008 | 9:43 am
Last week, the Arizona Department of Housing received $683,000 in federal funds to support more foreclosure prevention counseling. Anyone in Arizona facing foreclosure is encouraged to call the state's free (877)448-1211 helpline. This new funding, which is from the Housing and Economic Recove...
Valley resales and prices fall in November
10 December 2008 | 8:16 am
Valley resales fell in November to 3,370, compared to 4,465 in October, reports Arizona State University's Realty Studies. But the market is still up from last year when there were 2,580 existing home sales recorded in November. "The extremely weak economy is leading to mount...
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