As the U.S. economy faces decades-high inflation, soaring interest rates and continued supply chain and labor shortages, midsize business leaders across the country are increasingly cautious in their economic outlooks, according to JPMorgan Chase’s 2022 Business Leaders Outlook Pulse survey released today. More than 1,500 midsize business leaders participated in the survey … [More]
Six Fast-Emerging Trends Impacting the Warehouse Automation Industry
Warehouse and distribution centers (DCs) are grappling with a significant and ongoing labor shortage. Increased wages and benefits haven’t been enough to reverse the trend. Ever-increasing demand for faster delivery, and ongoing macro supply chain disruption add to the challenge. Warehouse safety issues also remain a problem for recruitment and retention of … [More]
Despite Continued Travel Demand, Phoenix Ranks ‘Best Departure Value’ to Europe
CheapAir.com has published its latest year-over-year study, analyzing over 24 million flights to Europe to identify how much airfare has changed since this time last year. With inflation impacting travel costs for much of 2022, it is a pleasant surprise that international airfare to Europe is down 15.1% with the lowest average price coming in at $908 as compared to $1,070 last … [More]
Demand for Vacation Homes Is Now Below Pre-Pandemic Levels, Says Report
Demand for vacation homes has fallen below the pre-pandemic baseline for the first time in two years, with mortgage-rate locks for second homes down 4% from before the pandemic in May, according to a new report from Redfin, the technology-powered real estate brokerage. That’s down from a revised rate of 3% above pre-pandemic levels a month earlier, and 70% above pre-pandemic … [More]
Real Estate Data Reveals Struggles of Property Owners and Service Providers to Better Manage Work
Lessen, the marketplace platform uniting property owners and service professionals to deliver property services, announced the results of a survey indicating how owners and service providers utilize technology to help them overcome economic hurdles and make their jobs easier overall. The survey, which focuses on challenges that real estate professionals face in growing their … [More]
Crypto Crash: See What Arizona Workers Would Have Each Lost if Salaries Paid in Crypto
A recent survey by CouponBirds conducted prior to the recent crash in crypto currencies revealed that the average Arizona employee would have liked to have received 32% of their monthly salary in a virtual currency. The company, which is a provider of consumer information about real-time deals and savings, applied this percentage to the current value of Bitcoin and determined … [More]
Investors Bought a Record Share of Homes in the First Quarter, Despite 17% Decline in Purchases from Pandemic Peak
The number of homes purchased by real estate investors in the first quarter declined 11.5% from the fourth quarter of 2021 and 16.5% from the third quarter of 2021, when investor purchases hit a record high, according to a new report from Redfin, the technology-powered real estate brokerage. Still, investor purchases remained above pre-pandemic levels, and investors bought up a … [More]
US Homeowners Gained Over $60K in Equity per Borrower in Q1 2022, Historic Home Price Growth Continues
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released the Homeowner Equity Report (HER) for the first quarter of 2022. The report shows U.S. homeowners with mortgages (which account for roughly 62% of all properties) have seen their equity increase by 32.2% year over year, representing a collective equity gain of $3.8 … [More]
Arizona Voters’ Agenda Reveals What Majority Cares About, Asks Big Questions of Candidates
With early voting in the Primary Elections in the State of Arizona four weeks away, Center for the Future of Arizona (CFA) announced today the creation of the Arizona Voters' Agenda, a data-driven look at what a majority of likely Arizona voters cares most about and want candidates to address in the midterm election. The Arizona Voters' Agenda is built on where a majority of … [More]