Phoenix

President Obama will be in Phoenix today, continuing his national tour focusing on the economy. The president is promoting home ownership for the middle class. But there is tension between Obama's message and the reality for many first-time buyers.

What’s the temperature tolerance to fly a plane? At what degree point does the power grid start shutting down?

A few years ago, 60 percent of Phoenix-area mortgages were underwater. Reporter Peter O'Dowd was one of those homeowners.

More seniors in the Phoenix area are looking at spending their golden years in the city -- and developers are responding.

Like a lot of Western cities, Phoenix's housing market crumbled during the recession. But new home sales are up 35 percent from a year ago.

Posted by Katharine Crnko...