Governor Announces $89M for New Affordable Housing and Homeless Response

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Governor Katie Hobbs and the Arizona Department of Housing (ADOH) have awarded $40 million in grants statewide from the newly-created Homeless Shelter and Services (HSS) Fund to provide shelter and other services to people experiencing homelessness. From day one, Governor Hobbs has demonstrated a commitment to investing in Arizona communities and supporting those in need. These … [More]

Bank Foundation Gives Local First Arizona Inaugural Grant for Business Skills Program

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The Integro Bank Foundation is excited to announce its first grant award to Local First Arizona to support the We Rise Business Accelerator, a no-fee six-month program offering comprehensive and practical business skills to Arizona's Black entrepreneurs. "We are delighted to announce Local First Arizona as our inaugural grant recipient, demonstrating our commitment to … [More]

Ducey Appointed to U-Haul Parent Company Advisory Board

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U-Haul Holding Company, parent of U-Haul International, Inc., Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company, today announced the appointment of Governor Doug Ducey as an Advisory Board Member. Doug Ducey is the CEO of Citizens for Free Enterprise (CFFE), an organization that stands at the center of the fight for continued American … [More]

Popular Master-Planned Community Opens Phase 4 after a Year of Success

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Award-winning master-planned community developer Brookfield Residential announced that Alamar has officially opened Phase 4, a milestone marked by the unveiling of multiple amenities and homes that further enhance this one-of-a-kind community. Situated among the serene beauty of the Sonoran Desert in the shadows of the Sierra Estrella Mountains, Alamar is a thoughtfully … [More]

Intel Drives ‘AI Everywhere’ into Automotive Market at CES

Intel announces agreement to acquire Silicon Mobility SAS for advanced EV energy management and new AI-enhanced family of software-defined vehicle SoCs.

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At CES, Intel announced plans to drive the company’s AI everywhere strategy into the automotive market, including a deal to acquire Silicon Mobility, a fabless silicon and software company that specializes in SoCs for intelligent electric vehicle (EV) energy management. Intel also announced: a new family of AI-enhanced software-defined vehicle system-on-chips (SoCs), with Zeekr … [More]

The New Year Brings an Uptick in Early-Stage Demand as Mortgage Payments Fall and More Homes Hit Market, Phoenix Area Highest in New Listings

As mortgage rates hold steady in the 6% range and new listings tick up, mortgage-purchase applications and Redfin home tours are rising

inbusinessPHX.com

Pending U.S. home sales posted their smallest year-over-year decline in two years (-3%) during the four weeks ending January 7, according to a new report from Redfin, the technology-powered real estate brokerage. Mortgage-purchase applications are up 3% from a month ago, and Redfin’s Homebuyer Demand Index—a seasonally adjusted measure of requests for tours and other buying … [More]

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