U.S. Housing Market Gained $2 Trillion in Value over the Last Year, Says Report

The total value of U.S. homes jumped 5% to $47.5 trillion, the biggest gain in nearly a year, as a shortage of houses for sale propped up values

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The U.S. housing market gained $2.4 trillion over the last year, bringing its total value to $47.5 trillion, according to a new report from Redfin, the technology-powered real estate brokerage. That’s based on an analysis of the Redfin Estimate for more than 90 million U.S. residential properties as of December 2023. In percentage terms, the total value of U.S. homes … [More]

Small and Diverse Suppliers Get Boost with ‘Better Together’ Business Summit

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Salt River Project (SRP), Arizona Public Service (APS), Southwest Gas (SW Gas), and Tucson Electric Power (TEP) successfully hosted the "Better Together" Business Summit & Expo. The event provided Arizona’s small, local, and diverse suppliers with the resources and information to conduct business with utilities and other large corporations. More than 350 attendees were … [More]

Interstate 10 Wild Horse Pass Corridor Moving Forward

Improvements span 26 miles from Loop 202 (Santan/South Mountain Freeway) to State Route 387

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Plans to expand 26 miles of Interstate 10 between Phoenix and Casa Grande are moving forward following environmental approval late last week. The widening project will increase capacity and reduce congestion on a busy section of I-10 near Wild Horse Pass within the Gila River Indian Community. A key segment slated for improvement is the I-10 Gila River Indian Community … [More]

Phoenix-Based EdTech Co. Expands Its Presence in the Americas

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After a successful 2023, leading EdTech provider Learnlight is announcing its efforts to double down in North, Central and South America, appointing Dean Cooper as Head of Sales for the Americas and expanding its team on the ground to better serve the region. Learnlight's goal is to continue growing its extensive client base of more than 100 world-leading brands in LATAM, … [More]

Rehab Therapy Tech Co. Listed on Inc. Magazine’s List of the Southwest Region’s Fastest-Growing Private Companies

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WebPT, the leading rehab therapy platform for Practice Experience Management (PXM), announces its ranking as No. 153 on Inc. magazine's fourth annual Inc. 5000 Regionals: Southwest list, the most prestigious ranking of the fastest-growing Southwest private companies, based in Arizona, New Mexico, Oklahoma, and Texas. This is WebPT's first time on the Inc. 5000 Regionals: … [More]

Flinn Foundation Names Leadership of Arizona’s Statewide Bioscience Committee

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Heather Carter and Jennifer Barton, accomplished Arizona leaders in the biosciences, higher education, and public policy, have been named chair and vice chair of the Arizona’s Bioscience Roadmap Steering Committee. The committee, administered by the Flinn Foundation, is the statewide leadership group responsible for overseeing Arizona’s Bioscience Roadmap, the long-term … [More]

Esteemed Architect Launches Boutique Architecture Firm

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Benjamin McRae, who has practiced architecture in the valley for 25 years, has launched his own practice — Benjamin Studio. The Phoenix-based firm is dedicated to providing clients with a full scope of architectural services and a uniquely customized one-on-one experience. “Throughout my career, I have worked with several local firms to expand my knowledge and develop my … [More]

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