2024 marked a year of sustained demand in Arizona’s housing market as inventory remains limited and demand is high from continued population growth. With 2025 on the horizon, the Arizona REALTORS® is forecasting the housing projections for the year and the impact of 2024 as they expect increased activity in the market and interest rates to slightly stabilize. "The … [More]
Rent Growth Continues to Slow, Phoenix Metro Down 1.2 Percent
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas. The report highlights the slowing growth in key rental metros which all experienced population spikes during the … [More]
ADOT to Use Federal Grant to Study Low-Carbon Paving Materials
$27 million grant allows research on sustainable pavements
The Arizona Department of Transportation is gearing up for a study of low-carbon transportation materials after the award of a $27 million grant from the Federal Highway Administration (FHWA). ADOT will use the grant to develop a research program on the use of qualifying low-carbon pavement materials in future highway improvement projects. Potential projects would be … [More]
Electro Muscle Stimulation (EMS) Fitness Concept Opens First West Valley Location
OHM Fitness, the innovative electro muscle stimulation (EMS) fitness concept, announced the opening of its first West Valley location in Peoria's The Shops at Lake Pleasant at 25738 N Lake Pleasant Pkwy. The 2,200-square-foot studio marks the beginning of a larger expansion plan in the West Valley and across the country. Since its soft opening on November 11, the studio has … [More]
City of Phoenix Breaks Ground on New Affordable Homes in Garfield Neighborhood
The City of Phoenix, in collaboration with Trellis Community Development, proudly announces the groundbreaking of a transformative affordable housing project in the Garfield neighborhood. This initiative, part of the City's commitment to expanding homeownership opportunities, will bring 10 new affordable and sustainable single-family homes to the community. “This … [More]
Renowned Physician-Entrepreneur to Lead Privately-Held Orthopedic Organization
OrthoArizona, one of the nation's largest privately-held orthopedic groups, today announced the appointment of Dr. Rajan Bhatt as Chief Executive Officer. Bhatt brings a unique combination of medical expertise and proven business acumen to lead the organization's next phase of growth and operational advancement. Founded in 1994, OrthoArizona has evolved into a comprehensive … [More]
Two Weeks Left to Renew 2025 Transaction Privilege Tax License
The Arizona Department of Revenue (ADOR) reminds businesses they are required to renew their transaction privilege tax (TPT) license before January 1, 2025 to continue conducting business in Arizona. Penalties will be assessed for all renewals after January 31. Unrenewed licenses will not be canceled and will be billed for renewal fees and penalties. Taxpayers should … [More]
Outlets North Phoenix Welcomes 6 New Stores, Specialty Services
Outlets North Phoenix, located on I-17 and Anthem Way, just 15 minutes north of Loop 101, continues to grow and evolve with several new and coming-soon tenants. The 293,000-square-foot premier outlet shopping center, originally opened in 1996 as the New River Outlets and acquired by Craig Realty Group in 2002, a shopping center development company located in Newport Beach, … [More]
Existing Home Sales Rise to Highest Level in over a Year and a Half
Existing home sales rose 0.7% month over month in November to a seasonally adjusted annual rate of 4,269,85—the highest level since March 2023. They jumped 4.5% year over year—the largest annual increase since July 2021, according to a new report from Redfin, the technology-powered real estate brokerage. A seasonally adjusted annual rate is not a measurement of actual total … [More]
Dark Side of Success: How Loneliness and Sacrifice Impact the Lives of CEOs
In a society obsessed with stories of success and wealth, CEOs are often seen as superheroes. Major corporations' leaders manage billions of dollars, oversee thousands of employees, and enjoy seemingly enviable lifestyles. But what lies behind this image of power and success? The recent tragedy involving Brian Thompson, CEO of UnitedHealthcare, who was murdered in New York, … [More]
