Renting a Home More Affordable than Owning; Phoenix Rents Growing Faster than Wages

inbusinessPHX.com

ATTOM, a leading curator of land, property and real estate data, today released its 2024 Rental Affordability Report, which shows that median three-bedroom rents in the U.S. are more affordable than owning a similarly-sized home in nearly 90 percent of local markets around the nation. The report shows that both renting and owning a three-bedroom home continue to pose … [More]

WEBINAR – Jan 23: Developing Your SBIR/STTR Commercialization Plan

Arizona Commerce Authority

UPCOMING EVENTS The SBIR training program is a series of events that provide entrepreneurs, small business owners, and startups with local resources and mentors to apply for funding through the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs. DOE SBIR/STTR - Developing Your SBIR/STTR Commercialization Plan 1/23/2024 … [More]

WORKSHOP – Jan 24 or 31: Profit Acceleration Workshop for Local Small Businesses

Arizona Commerce Authority

UPCOMING EVENTS The SBIR training program is a series of events that provide entrepreneurs, small business owners, and startups with local resources and mentors to apply for funding through the Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) programs. PROFIT ACCELERATION WORKSHOP For Local Small Businesses In The Phoenix Metro … [More]

BCBSAZ Achieves Milestone Rating with Partners Guidance

inbusinessPHX.com

Blue Cross Blue Shield of Arizona has achieved their first overall 4-Star Rating in the 2024 Medicare Advantage Star Ratings released by the Centers for Medicare & Medicaid (CMS) for their HMO plan. These star ratings reflect the exceptional quality and performance of the health plan, encompassing key aspects such as patient outcomes, care accessibility, member … [More]

Scottsdale Homebuilder Opens Cave Creek Community, Plans More Valley Projects

inbusinessPHX.com

KLMR Homes, a Scottsdale-based homebuilder, is opening its second project – Saguaro Trails in Cave Creek. The model home is now available for tours. Saguaro Trails features 22 exclusive homesites on the border of North Scottsdale and Cave Creek. This enclave of serene living features four floorplans ranging from 2,642 sq ft to 3,558 sq ft and three car garages. The 9,400 sq ft … [More]

Tech Council’s Q3 2023 Impact Report Shows Strong YOY Gains in Technology Jobs, Despite Current Lull

inbusinessPHX.com

The Arizona Technology Council has released its Q3 2023 Arizona Technology Industry Impact Report with the finding that the state’s technology jobs total has exceeded 222,000 — a 3.78% one-year gain that places Arizona third in the Southwest for job growth in the sector. The highest number of industry jobs currently are in computing, software, defense, and semiconductor. … [More]

Texas-Based Internet Service Co. Launches Services in Mesa through Partenrship

inbusinessPHX.com

FiberFirst, a Texas-based internet service provider (ISP), has officially introduced its cutting-edge fiber internet services to Mesa, Arizona. This milestone comes as a result of FiberFirst's strategic partnership with Ubiquity, a distinguished private infrastructure investment firm specializing in critical communications infrastructure. Operating as an ISP on Ubiquity's … [More]

Collaboration Introduces Custom Craft Beer and Limited-Edition Apparel

inbusinessPHX.com

Four Peaks Brewing, Arizona's #1 craft brewery, and Bad Birdie, the bold and disruptive golf apparel brand, join forces to launch a limited-edition apparel collection and a drinkable, year-round beer, Bad Birdie Juicy Golden Ale. Combining Bad Birdie's innovative designs with Four Peaks' brewing expertise, this collaboration aims to disrupt the golf scene, emphasizing … [More]

Online Auto Sales Co. Enters Arizona Market Bringing Up to 500 Jobs

inbusinessPHX.com

JLL announced that it has secured a full-building pre-lease for Blue Cactus Logistics, a new 258,000-square-foot, Class A industrial development in Surprise, Arizona. TriColor Auto Group, an online auto sales and financing company, has committed to the project, bringing up to 500 new jobs to the area. Situated at the northwest corner of Cactus Road and Summit Way, Blue … [More]

Hensley Announces Leadership Changes

inbusinessPHX.com

Hensley Beverage Company, a leading beverage distributor in Arizona and New Mexico, announced key changes within its senior leadership team. Andy McCain, currently President and Chief Operating Officer, has been appointed President and Chief Executive Officer, effective immediately. Additionally, Omar Perez, Hensley’s Chief Financial Officer, will be assuming the additional … [More]

Two New Luxury Brands to Debut in Scottsdale Fashion Square

inbusinessPHX.com

Maje and SANDRO will open stores in the renowned Fashion Square Mall in Scottsdale AZ. This is the first entry into this important market for SMCP, alongside an extensive portfolio of luxury brands. “We are thrilled to be opening Sandro and Maje right in the heart of Scottsdale.” Laura Yetman, VP of Retail & Business Development for SMCP North America remarks. “We have had … [More]

Relaxed Mortgage Rates Mean Serious Savings for Buyers

inbusinessPHX.com

Buyers are getting some much-needed relief, and more homeowners appear to be breaking free of "rate lock," according to the latest monthly report from Zillow®. Yet despite improvements in inventory, competition for homes is still relatively stiff. The share of homeowners considering selling is trending up, according to Zillow. "Buyers found significant … [More]

Republic Services Named to Dow Jones Sustainability Indices for Eighth Consecutive Year

inbusinessPHX.com

For the eighth consecutive year, Republic Services, Inc., a leader in the environmental services industry, has been named to the Dow Jones Sustainability Indices (DJSI). The company ranked first in its industry category on the North America Index and second on the World Index, which represent best-in-class sustainability benchmarks for the world's leading … [More]

Greater Phoenix’s Residential Real Estate Market Puts 2023’s Challenges in Rearview, Sees Brighter Prospects for 2024

Motivated buyers, downsizing sellers expected to help 2024 rebound from tough year

inbusinessPHX.com

Greater Phoenix's residential real estate market weathered unprecedented challenges in 2023, with factors such as a shortage of listings, record-high mortgage rates and hesitant sellers making it the toughest year for the market since 2009, according to the latest market data reports from Phoenix REALTORS®. Yet despite the challenges, REALTORS are turning their gaze towards a … [More]

Scottsdale Gallery Association Brings Back Gold Palette ArtWalks

inbusinessPHX.com

In 2024, the Scottsdale Gallery Association continues its beloved Gold Palette ArtWalks, which occur as part of its weekly Thursday evening ArtWalk series. The first Gold Palette ArtWalk of the year, Demonstrate!, took place on Thursday, January 11th. During this special event, which takes place throughout the Scottsdale Arts District — along Main St. from Scottsdale Rd. … [More]

The Set Has Arrived! ‘Islander’ at Herberger Theatre Center

inbusinessPHX.com

Staged with a contemporary folk-inspired score and epic storytelling, two performers reveal a world of characters, live-mixing and layering their voices to create a dazzling, unexpected soundscape as dramatic as the Scottish coastline. Eilidh is the only child on Kinnan Island, where most of the dwindling population has moved to the “Big Land.” As the island’s residents debate … [More]

SMoCA to Celebrate 25 Years at Spring Opening

inbusinessPHX.com

A quarter-century ago, architect Will Bruder turned a former movie theater into the stylish Scottsdale Museum of Contemporary Art (SMoCA), and on Friday, Feb. 9, Scottsdale Arts will celebrate the 25th birthday of the Old Town museum. PHOTO: In the late 1990s, architect Will Bruder converted a former movie theater into what is now Scottsdale Museum of Contemporary Art. SMoCA … [More]

89% of People with Mortgages Have an Interest Rate Below 6%, Down from a Record 93% in 2022

inbusinessPHX.com

Nationwide, 88.5% of U.S. homeowners with mortgages have an interest rate below 6%, down from a record high of 92.8% in mid-2022, according to a new report from Redfin, the technology-powered real estate brokerage. That means more than 88.5% of homeowners with mortgages have a rate below the current weekly average of 6.66%, prompting many to stay put instead of selling and … [More]

In Business Dailies

Sign up for a complimentary year of In Business Dailies with a bonus Digital Subscription of In Business Magazine delivered to your inbox each month!

  • Get the day’s Top Stories
  • Relevant In-depth Articles
  • Daily Offers
  • Coming Events