Buying a Home Hits New Record as Mortgage Rates Jump, Prices Rise 5%

Daily average mortgage rates jumped to their highest level since last November after last week’s disappointing inflation report

Rick McCartney

The median U.S. home-sale price increased 5% from a year earlier during the four weeks ending April 14, bringing it to $380,250—just $3,095 shy of June 2022’s all-time high. That’s according to a new report from Redfin, the technology-powered real estate brokerage. The average daily mortgage rate this week surpassed 7.4%, the highest level since last November, after a … [More]

5 Action Steps to Get Peak Performance from Employees

by Jim Bouchard

People perform at their best when, and only when, they know their leaders care, their work has meaning, and they have the chance to learn, grow, and develop. You’ve got to inspire them, empower them and guide them. Let's focus on the first discipline in this process and particularly on five action steps to inspire people to do their best. A discipline is defined as “the … [More]

New Luxury Apartments Open within Walking Distance from Goodyear Ballpark

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Solace at Ballpark Village, Goodyear’s latest high-end community, is now open and accepting leasing applications. Located at 2445 S. Estrella Parkway, Solace at Ballpark Village offers one-, two- and three-bedroom apartment homes within walking distance of Goodyear Ballpark. Apartment home amenities include gourmet kitchens featuring quartz countertops and tile backsplash, … [More]

Homebuilder Honored as 2024 Builder of the Year in Arizona

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Shea Homes’ Arizona Division, for the third time in four years, claims the top prize in the most renowned yearly competition among Arizona home builders. The 38th annual Major Achievements in Merchandising Excellence (MAME) awards concluded April 6th with Shea Homes winning the 2024 Builder of the Year. Ensuring the highest quality of homes and communities to their customers … [More]

PR and Marketing Agency Appoints Managing Director to Drive Digital Innovation, Strategy

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Aker Ink PR & Marketing, a full-service agency helping companies increase brand awareness, enhance thought leadership and generate leads, has hired industry veteran and expert digital strategist Lauren Garstecki as managing director. In addition to overseeing account teams and developing creative, results-driven marketing programs, Garstecki will help to scale the firm’s … [More]

Terros Health Launches Outpatient Portable Pilot Program for the Homeless

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They may look like a throwback to the ‘60s, but Terros Health’s two new colorfully decorated vans – affectionately named “Groovy” and “Disco” – are serving a vital role in providing much-needed physical and behavioral health care to racial and ethnic medically underserved individuals experiencing homelessness. The vans are part of a three-year, $2 million Outpatient Portable … [More]

Arizona’s Blue Envelopes Help Drivers with Autism during Traffic Stops

Rollout of enhanced communication includes law enforcement training

inbusinessPHX.com

Arizona is launching a program through which drivers on the autism spectrum can place their credentials in special blue envelopes to enhance communication with law enforcement officers during traffic stops. This voluntary program, which includes education for law enforcement officers, follows a model used successfully in Connecticut. The envelope will have instructions for … [More]

Nonprofit CEO Set to Depart after 20 Years of Service

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After a long and successful career with Big Brothers Big Sisters of Central Arizona (BBBSAZ), Laura Capello, president and chief executive officer, will depart after the end of the fiscal year, effective July 1, 2024. “Laura has been an invaluable leader, guiding our organization with dedication, vision and integrity for two decades,” said Brian Wood, BBBSAZ Board Chair. “Her … [More]

NEW Family Destination Event Space and Play Area Opens

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The Little Play Avenue is set to redefine the landscape of imaginative play and venue space in the Phoenix area on April 20th by introducing an unparalleled fusion of creativity, education, and luxury, where families can unite to create lifelong memories. The space includes a turnkey event venue, educational play areas, a gourmet coffee bar, and a lounge area for … [More]

‘Retreat from the Daily Grind’ Valley Restaurant Opens Third Location

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Continuing its commitment to exceptional culinary experiences, Ingo's Tasty Food proudly announces its third location is now open at 7087 E. Mayo Blvd. in North Scottsdale. Following the success of its Arcadia and Downtown establishments, Ingo's invites the local community and food enthusiasts to indulge in a picturesque setting where exceptional all-day dining meets … [More]

Phoenix-Based eBike Maker Reveals Its First Full-Size Commuter eBike

inbusinessPHX.com

Lectric eBikes announced the launch of the XPress, a full-size, 27.5-inch wheel eBike with an industry leading, high-performance torque sensor. Co-founders and lifelong friends, CEO Levi Conlow and  CINO Robby Deziel, who set out to create an affordable eBike for Levi's father back in 2019, have  since created the most successful eBike company in America by launching the … [More]

Be Ready for Next Year: IRS Tax Withholding Estimator Helps Ensure Withholdings Are Correct for 2024

inbusinessPHX.com

The IRS encourages taxpayers to use the IRS Tax Withholding Estimator to ensure they’re withholding the correct amount of tax from their pay in 2024. This digital tool provides workers, self-employed individuals and retirees with wage income a user-friendly resource to effectively adjust the amount of income tax withheld from their wages. The Tax … [More]

Tech Giant Brings AI Platform Innovation to Life at Olympic Games

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Intel announced its plans for the Olympic and Paralympic Games Paris 2024. Bringing AI Everywhere, Intel will implement artificial intelligence technology powered by Intel processors on the world’s biggest stage. As the Official Worldwide AI Platform Partner of the Olympic and Paralympic Games Paris 2024, Intel will introduce new, innovative AI experiences based on Intel … [More]

Partnership to Funnel More Opportunities to Web Designers and Developers

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According to Upwork, website design and development as well as graphic design are among the most in-demand services on its work marketplace. In an effort to increase work opportunities for web designers and developers, GoDaddy announced it will join the new Upwork Partners program as the first web presence partner.  The Upwork Partners program includes Upwork Partner … [More]

Home Values Rising Fastest in Costliest Metros

inbusinessPHX.com

Those shopping for homes this spring are feeling vastly different levels of market heat depending on where they're looking. Inventory is a critical factor, the latest market report1 from Zillow® shows.   "Shoppers in the market today should expect competition, especially for attractive listings on the lower end of the price range — a rare opportunity these days," said Skylar … [More]

Two Marriott Brands Set for Development in Norterra

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North Texas developer Jackson-Shaw and Tucson-based Holualoa Companies announce the development of dual-branded AC Hotel by Marriott North Phoenix at Norterra and Element by Westin North Phoenix at Norterra. The two hotels connected under one roof are located close to the Shops at Norterra at 25100 North 22nd Lane, Phoenix, Arizona 85085, near the northeast corner of West Happy … [More]

UArizona Presidential Search Advisory Committee Announced

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The Arizona Board of Regents announced today the formation of an advisory committee in its search for the 23rd University of Arizona president. The UArizona Presidential Search Advisory Committee – appointed by ABOR Chair Cecilia Mata – includes 18 members comprised of regents and campus community members. The committee will serve as advisors to ABOR as it searches for and … [More]

Phoenix Scores Transit Oriented Development Light Rail Grant

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The City of Phoenix received a $1.2 million TOD (Transit Oriented Development) grant from the Federal Transit Administration (FTA) to help with efforts to improve access to public transit and create a transit-oriented walkable, livable and sustainable community. These types of grants help organizations, like the City of Phoenix, plan with the community around major … [More]

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