Homeowners in Phoenix-Mesa-Scottsdale Rank #2 for Home Wealth Gains
Skyrocketing home values in the Phoenix-Mesa-Scottsdale metro area have increased homeowner’s wealth by 118% in the past 5 years. In fact, Phoenix saw the 2nd most significant percentage increase in wealth from homeownership in the country. Over this period, homeowners in the area saw an average wealth gain of $256,600. A new report by our team at MyEListing, a real estate marketplace, highlights the […]
Home Prices Fall Annually for First Time in a Decade as Mortgage Rates Pass 7%, Says Report
U.S. home-sale prices have fallen from a year earlier for the first time in more than a decade, according to a new report from Redfin, the technology-powered real estate brokerage. The milestone comes as 7% mortgage rates sideline buyers, and sellers are forced to lower their asking price to accommodate high rates. The typical U.S. […]
City of Phoenix Accepting Applications for Free All-Spanish-Speaking Food Business Training Program
The City of Phoenix and Thrive Consultancy, Inc. are partnering to launch an all-Spanish-speaking Sustainable Cooperative Food Business Training Program for Phoenix residents interested in collaborating to start a sustainable cooperative food business. During the program, participants will work with their peers to create business plans, develop start-up budgets and marketing pitches for a co-developed […]
4,150 Acre Land Site in Florence Sells, Planned for 12,000 Homes and Commercial Space
GTIS Partners, a global real estate investment firm managing $4.3 billion in gross assets with a U.S. focus on residential and industrial/logistics investments, announced the sale of 4,150 acres at Merrill Ranch to El Dorado Holdings. Merrill Ranch is located in Florence, AZ, in close proximity to the Phoenix’s Southeast Valley, about 20 miles southeast […]
New Office Managing Partner Named at Phoenix Law Firm
Spencer Fane LLP is pleased to announce David E. Funkhouser III has been named the new office managing partner for the firm’s Phoenix office, effective March 1. He succeeds partner Andrew Federhar, who has served in the role since the office’s 2017 opening. “I’m honored to take ownership of this vital role and look forward […]
Phoenix City Council Approves Ordinance to Ban Source of Income Discrimination in Housing
Phoenix City Council approved an amendment to Chapter 18 of the Phoenix City Code to prohibit housing discrimination based on a renter or buyer’s source of income. This decision solidifies the City’s position on the right to fair housing and affirms that there is no place for discrimination in Phoenix. Chapter 18 outlines the City’s […]
WEBINAR – Mar. 14: Sales and Marketing – Best of Enemies or Trusted Partners
UPCOMING SESSIONS Join us for the upcoming Small Business Boot Camp virtual webinars and monthly workshops. If you’ve missed past sessions, watch here. Sales and Marketing: Best of Enemies or Trusted Partners 03/14/2023 | 9:00 AM Marketing and sales don’t have to be rivals. You can leverage both to reach your 2023 business goals. Learn […]
Tempe-Based Semiconductor Resale Co. Named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2023
Moov, the world’s largest and fastest growing marketplace for used semiconductor equipment, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023. “We’re excited to be named to Fast Company’s prestigious list of most innovative companies,” said Moov co-founder and CEO Steven Zhou. “In building the world’s first B2B […]
More Choices for Home Buyers as Inventory Recovery Continues at Breakneck Speed
In February, active inventory rose 68% above a year ago; Austin, Las Vegas and San Antonio are first markets to recover pandemic inventory shortages and surpass pre-pandemic levels The U.S. supply of homes for sale rose at a record annual pace for the sixth month in a row, up 67.8% year over year in February, […]
Arizona Lender Offers Secure Funding through New Bridge Loans
Hard Money Lenders Arizona, led by Michael Iuculano, announced that they are now offering bridge loans to their clients. This new offering will provide real estate investors and property owners with the flexibility they need to secure funding quickly and efficiently. Bridge loans are a type of short-term financing that helps borrowers bridge the gap […]