After a competitive bidding process that involved several Phoenix area marketing agencies, Kitchen Sink Creative, a full-service creative agency based in Phoenix and part of the SCC Global Family, is pleased to announce its selection as the marketing agency of record for the Phoenix Convention Center, Symphony Hall and Orpheum Theatre Phoenix. The five-year contract engages … [More]
U.S. Mortgage Performance Remains Exceptionally Healthy
CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for November 2022. For the month of November, 2.9% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 0.7 percentage point … [More]
Phoenix Area Renting Costs Nearly $1,116 Less per Month than Buying, Says Report
For many Americans hoping to make the transition to first-time buying in 2023, renting will likely offer relatively more affordable options in the months ahead, according to the Realtor.com® Monthly Rental Report released today. On average across the 50 largest U.S. metros in December, a typical renter faced a 41.4% ($792) lower monthly payment than a starter homeowner. In the … [More]
Report: The Housing Market Has Started to Recover But We’re Not Out of the Woods Yet
The housing market has begun to recover after hitting a low point in the second week of November, according to a new report from Redfin, the technology-powered real estate brokerage. The number of Redfin customers requesting first tours has improved 17 percentage points from the November trough, and the number of people contacting Redfin agents to start the homebuying … [More]
Nikola Introduces New Hydrogen Energy Brand ‘HYLA’
Nikola Corporation, a global leader in zero-emission transportation and energy supply and infrastructure solutions, announced at a special event today that it has created a new global brand, HYLA, to encompass the company's energy products for producing, distributing and dispensing hydrogen to fuel its zero-emissions trucks. More than 300 fleet, government, supplier, energy and … [More]
United Celebrates Historic First Graduating Class of Its Goodyear Flight Academy Pilots
United, the only major U.S. airline to own a flight school, is celebrating the graduation of United Aviate Academy's inaugural class of pilots, an important step towards training the next generation of talented, qualified, and motivated aviators. The inaugural graduating class includes 51 students – with nearly 80% being women or people of color – marking the next step towards … [More]
Despite Some Cooling in Q4 2022, Phoenix Industrial Market Remains Very Strong
The Phoenix industrial real estate market remained one of the strongest in the country during the fourth quarter of 2022, with rental rates continuing to climb and vacancy levels remaining stubbornly low, even as investment activity dropped significantly, according to new research from Transwestern Real Estate Services (TRS). Transwestern tracks industrial properties in nine … [More]
