Home prices hit $405,000 for the first time ever in March, but data reveals there is some hope on the horizon for pandemic-era buyers. With demand beginning to moderate as some home shoppers are priced out of the market and new construction at near 16-year highs, inventory is expected to hit positive territory year-over-year this summer, according to the Realtor.com® Monthly … [More]
Our Bioscience Economy
“If you look at Phoenix of old — if the pandemic had happened in the Phoenix of old — we’d have immediately launched into a recession, like a lot of other top markets have launched into a quasi-recession. But because Phoenix is so diversified in so many industries, the city manager announced last week we have a $76-million surplus this year. Not in a recession. We are moving … [More]
Richard J. Gray, M.D., Mayo Clinic
Bioscience may be redefining the economy in Phoenix — and even statewide. It spans sectors, connecting institutions from universities to hospital networks to private companies. In December, Mayo Clinic acquired 228 acres of land adjacent to our campus in North Phoenix, paving the way to develop a transformative biotech and life sciences corridor called Discovery Oasis. The … [More]
Selling Your Business in 2022
Given the pandemic’s impact, more business owners will likely be selling their businesses in 2022 due to the uncertainty of the economy and tax increases. This year is a great time to sell a business due to high market demand and consumer spending. As many business owners know, selling a business is no easy task. Many time-consuming steps go into selling a business. The … [More]
Study Looks at Attitudes Toward Plastic, Sustainability and Climate Change
Footprint, a global materials science technology company focused on creating a healthy planet, today released the results of a multi-country research study examining consumer attitudes toward single-use plastics and the expectations they have of brands and retailers to provide more sustainable options. The study, which was conducted by Wunderman Thompson Intelligence on behalf … [More]
Homes Remain More Affordable Than 2006 Housing Boom Peak
First American Financial Corporation (NYSE: FAF), the premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today released the January 2022 First American Real House Price Index (RHPI). The RHPI measures the price changes of single-family properties throughout the U.S. adjusted for the … [More]
