The median U.S. condo sale price fell 2.2% year over year to $354,100 in May—the second largest drop in records dating back to 2012. That’s according to a new report from Redfin, the technology-powered real estate brokerage. The only time condo prices posted a larger year-over-year decline was in April 2023 (-2.9%), and that was largely because roughly one year prior, prices … [More]
AZ Blue Donates $80K to Support U of A Health Student Training
Ten students are getting a closer look at how care works beyond the clinic – thanks to an $80,000 gift from Blue Cross Blue Shield of Arizona Health Choice. The gift supports the Bridge Fellowship Program offered through the Mel and Enid Zuckerman College of Public Health at the University of Arizona Health Sciences. This program helps students learn how public care, like … [More]
Job Openings Remain a Challenge for Main Street in June
NFIB’s June jobs report found that 36% (seasonally adjusted) of small business owners reported job openings they could not fill in June, up two points from May. “Despite the slowing labor market, many small business owners are still looking to attract applicants and hire for their open positions,” said Chief Economist Bill Dunkelberg. “Compensation pressures remain strong … [More]
Groundbreaking Ag-to-Urban Water Law Promotes Sustainable Growth for Metro Phoenix Developers
Arizona Water Company celebrates Governor Katie Hobbs' signing of the groundbreaking ag-to-urban water legislation, marking a pivotal moment in Arizona's approach to sustainable water management and long-term water security. The newly-signed Senate Bill 1611 was crafted as a result of more than two years of bipartisan negotiations with farmers, homebuilders, … [More]
How Does Tariff Policy Impact Corporate Decision Making?
Earlier this year, President Trump announced a plan to enact tariffs “on nearly every country on Earth.” Although tariff negotiations continue, they will soon be enacted in the U.S. on products made in most other countries. The first question many in corporate leadership ponder is whether sales taxes are due on the amount a tariff adds to a product or the component cost. … [More]
