In Business Phoenix Staging

Tag: Top Stories

Nearly Half of Home Sellers Are Making Concessions to Woo Buyers, Says Report

A record 13% of home sales include a price cut and a final sale price below the list price in addition to concessions, which often include money toward repairs and mortgage-rate buydowns Home sellers gave concessions to buyers in 45.5% of home sales recorded by Redfin agents during the three months ending February 28, according […]

SBA Research Reports Great Increase in Small Business Exporters 

The U.S. Small Business Administration (SBA) released new findings from a commissioned study on the Total Addressable Market (TAM) of small business exporters in America.  Among the key findings from the study is new data, based on recent business surveys, that places the number of exporting small businesses at 1.3 million – an almost fivefold […]

CPI Rises 6% in February as Shelter Increases, Inflation Falls as Expected

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in February on a seasonally adjusted basis, after increasing 0.5 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.0 percent before seasonal adjustment. The index for shelter was the largest […]

FDIC Establishes Signature Bridge Bank, N.A., as Successor to Signature Bank, New York

Signature Bank, New York, NY, was closed by the New York State Department of Financial Services, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC transferred all the deposits and substantially all of the assets of Signature Bank to Signature Bridge Bank, N.A., a full-service bank that will be […]

FDIC Acts to Protect All Depositors of the Former Silicon Valley Bank

The Federal Deposit Insurance Corporation (FDIC) today transferred all deposits—both insured and uninsured—and substantially all assets of the former Silicon Valley Bank of Santa Clara, California, to a newly created, full-service FDIC-operated ‘bridge bank’ in an action designed to protect all depositors of Silicon Valley Bank. Depositors will have full access to their money beginning […]

Rents Drop to Lowest Level in a Year, Says Report

The median U.S. asking rent rose 1.7% year over year to $1,937 in February—the smallest increase in nearly two years and the lowest level in a year, according to a new report from Redfin, the technology-powered real estate brokerage. Rents were up nearly 10 times that much (16.5%) a year earlier. February was the ninth […]

Phoenix Market Can Expect Strong Hotel Growth, Says Report

CBRE is raising its forecast for hotel performance in the Phoenix metro and nationally on the heels of industry gains in Q4 2022 and the expectation of slightly positive GDP growth in 2023 according to the CBRE Hotels report. In Phoenix, revenue per available room (RevPAR) in 2023 is expected to increase to $122.30, up […]

City of Phoenix Working to Restore Service after System Outage

The City of Phoenix is working to restore service after a system outage impacted some connectivity and network services including access to phoenix.gov. The technology outage began late Tuesday evening caused by a network equipment failure. The City worked with the hardware manufacturer to resolve the issue, and network service was largely restored before the […]

Celebrating the Vital Role of Women in Arizona History

The International Women’s Forum Arizona commemorates and encourages the study, observance, and celebration of the vital role of women in American History. As International Women’s Day is celebrated March 8th, tap into the long list of women in IWF AZ who have made history and utilize our nonprofit as a resource for your magazines. International […]