A record 33.9% of Redfin.com users nationwide looked to move from one metro to another in July and August, according to a new report from Redfin, the technology-powered real estate brokerage. That’s up from 32.6% in the second quarter and about 26% before the pandemic. The U.S. housing market has slowed considerably from the height of the pandemic homebuying frenzy, … [More]
New York-Based Real Estate Firm Secures its First Property in the Valley
Dreamscape Companies, a New York-based real estate and investment firm, announces its first foray into Arizona’s red-hot Phoenix market with the acquisition of the Residence Inn Phoenix Desert View at Mayo Clinic, an extended-stay hotel. With the Mayo Clinic preparing to undergo a massive renovation of at least $700 million that will drastically expand its patient capacity, the … [More]
City of Phoenix Hires First Public Health Advisor
Phoenix City Manager Jeff Barton announced that Nicole Dupuis-Witt will join the City’s leadership team as its first Public Health Advisor on October 17. When the COVID-19 pandemic began, the City sought professional consulting services to assist with Phoenix’s public health efforts in response to the pandemic. This expertise proved beneficial in advising the City’s … [More]
Brunch Restaurant to Offer Free Fitness Classes for Employees and Guests
U.S. Egg, the Valley’s ultimate breakfast and lunch spot, is excited to announce a new partnership with mind and body fitness coach, Kalla Sauls. To support the well-being of its more than 250 employees, and thousands of beloved guests, the restaurant is teaming up with Sauls to launch a new health and wellness initiative that will help the entire U.S. Egg family be fit, … [More]
Sandwich Shop Opens Scottsdale Headquarters, Announces Franchise Opportunities Nationwide
Mr. Pickle’s Sandwich Shop, a beloved and craveworthy mom-and-pop family of quick-service restaurants in northern California, has officially moved its headquarters to Scottsdale, Ariz., with plans to open locations across Arizona, California and nationwide over the next five years. “Since 1995, Mr. Pickle’s has been a premier full service-sandwich shop specializing in … [More]
Our Region Reclassified for Ozone Pollution, Moves Up in Severity Rating
The Environmental Protection Agency (EPA) published a rule today that moves the region up the severity ladder for ozone pollution, reclassifying the region from “marginal” to “moderate” nonattainment for the ozone pollution standard. While more protective of public health, it could pose additional challenges for the region in meeting the most recent, more stringent ozone … [More]
More Funds Available for Urban Farmland Conservation
The City of Phoenix has set aside an additional $2 million to continue protecting urban farmland from development. Through a partnership with Central AZ Land Trust (CALT), Maya’s Farm has been permanently protected from development via a conservation easement, and additional funds are now available for more conservation easements. In June 2021, the Phoenix City Council … [More]
Kitchen and Bath Remodel Co. Identifies Need for Digitally Aided Services
Dwellify, a new digital-first kitchen and bathroom home remodeling service, announces that the service is now available in Phoenix. New data reveals that more than a third (38%) of Phoenix homeowners have regretted not hiring some sort of professional assistance during their remodel. The Dwellify service is a one-stop-shop process that combines a free, AI-powered design quiz, … [More]
Prospective Home Sellers and Buyers Retreated in August as Mortgage Rates Approached 6%
Seasonally-adjusted new listings of homes for sale fell 8% from July to August to their lowest level since May 2020, when the housing market was paralyzed by the onset of the COVID-19 pandemic, according to a new report from Redfin, the technology-powered real estate brokerage. Prior to the pandemic, we hadn’t seen so few homes hit the market since November … [More]
HVAC Co. Lands $2.1M City Contract Right Out of the Gate with New Technology
Locally-based ECM Technologies has been awarded a $2.1 million City of Phoenix contract for up to 12 million square feet of conditioned space after running numerous, highly successful, long-term pilot programs over the past four years in the Valley. The company’s proprietary ThermaClear™ radically extends the life and efficiency of HVAC systems with one treatment for the entire … [More]
Phoenix Real Estate Market’s Latest Home Sales Data from August
Phoenix REALTORS®, one of the foremost industry experts serving more than 11,000 real estate sales professionals Valley-wide, released the latest market data giving perspective to current real estate trends. The report, which is based on ARMLS data that includes primarily the Phoenix-metro area and some surrounding communities in Arizona, revealed a 10.5% increase in median … [More]
Camelback Mountain’s Cholla Trail Set to Reopen
Popular Phoenix hiking trail Cholla Trail at Camelback Mountain will reopen to the public on Sept. 30, 2022. The trail has been closed due to construction and a trailhead realignment that moves the trailhead from Cholla Lane to Invergordon Road. The new trailhead will now offer hikers amenities such as a drinking fountain, restrooms and bike racks. Since the closure of … [More]
D-Backs Celebrate Hispanic Heritage Weekend Friday through Sunday
The Arizona Diamondbacks will celebrate the Latino community during the 24th annual Hispanic Heritage Weekend, presented by Estrella Jalisco and supported by Cox, Honeywell, Arizona Milk Producers and APS, this Friday-Sunday at Chase Field. This will be the second straight year the event has included 3 days of festivities with each game highlighting different cultures and … [More]
Special Needs Health Plan Launches in Arizona, Focus Is Chronic Kidney Disease
Gold Kidney of Arizona, Inc., a subsidiary of Gold Kidney Health Plan has contracted with the Centers of Medicare and Medicaid (CMS) and is launching a Medicare Advantage Chronic-Care Special Needs Plan effective January 1, 2023. Gold Kidney of Arizona will offer the same coverage as Medicare with additional benefits, designed for patients with Chronic Kidney Disease that lead … [More]
International Real Estate Investment Firm Acquires Multifamily Property, Plans Major Renovations
Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of the Colter Park Apartments, a 384-unit multifamily property located in Phoenix, Ariz., for $80.75 million. Steven Vegh of Westwood Realty Associates brokered the off market transaction. Northmarq arranged a Freddie Mac senior loan on … [More]
Drops in Home Sales Price Result in More Closings, Phoenix Sees YOY Decrease
According to August data in the RE/MAX National Housing Report, home sellers, on average, accepted offers below their listing prices last month – a further indication of rebalancing in the housing market. Across the report's 51 metro areas, the average Close-to-List Price Ratio in August was 99%, meaning that homes sold for 1% less than the asking price. That's down from 101% … [More]
Unique Branding Agency to Become First Platform for Women Athletes of Color
A group of sports and entertainment executives led by longtime industry veteran Dr. Keenan J. Davis, announced today the creation of Phoenix-based Our Name branding and career development platform for collegiate athletes. Our Name is an opportunity marketplace that connects women athletes of color to brand partnerships and capital resources during and after … [More]
WEBINAR – Oct 4: Compelling Marketing: Unlock Your Authentic Brand Story
UPCOMING SESSIONS Please join us for the upcoming Small Business Boot Camp virtual webinars and workshops. If you missed any past sessions, watch here. Compelling Marketing: Unlock Your Authentic Brand Story 10/04/2022 | 9:00 AM Discover why a Brand Story is necessary for effective brand communication. In this webinar, attendees will learn the … [More]
