Former President of Grimaldi’s, Managing Partner of STK Scottsdale New Arizona Ownership of ProteinHouse

ProteinHouse, the healthy-fit kitchen serving up everything from protein bowls, shakes and pancakes to cold-pressed nutritious juices, is excited to announce that its Arizona locations are now under new ownership. As experienced restaurant operators, marketing and hospitality experts, Co-Franchise Owners Eric Greenwald and Cody Starrett seek to expand the brand’s presence in … [More]

Mortgage Rates Are Up, Homes Sales Are Down, As Prices Remain Resilient

  Pending home sales fell 17% from a year earlier during the four weeks ending May 28, one of the biggest declines since the start of the year. That’s according to a new report from Redfin, the technology-powered real estate brokerage. That year-over-year drop is especially notable because pending sales had already started falling at this time last year as mortgage rates … [More]

Research Reveals a Single Microbusiness Creates Nearly 7 Local Jobs, Reveals Study

According to new research from GoDaddy and UCLA, the U.S. cities with the most microbusiness activity during the fourth quarter of 2022 are San Jose, San Francisco, Washington, D.C., Denver, San Diego, and Austin. At the national level, the GoDaddy/UCLA Anderson Forecast Microbusiness Activity Index (MAI) shows that overall microbusiness activity declined slightly after peaking … [More]

Governor Hobbs Unveils 100-Year Study to Protect Valley Groundwater Supplies; Announces $40M Investment in Arizona Water Resiliency Fund

Last week, Governor Katie Hobbs unveiled the Phoenix Active Management Area (AMA) Groundwater Model and the Arizona Department of Water Resources’ latest study of groundwater conditions across the Phoenix metropolitan area. The groundwater model evaluates water level changes after 100 years of existing and projected pumping, and gives water managers critical information to … [More]

Arizona Has the 10th Best State Economy, Says Report

With California on track to overtake Germany as the world’s fourth largest economy, the personal-finance website WalletHub released its report on 2023’s Best & Worst State Economies, as well as expert commentary. In order to determine America’s top economic performers, WalletHub compared the 50 states and the District of Columbia across 28 key indicators of economic … [More]

ChatGPT Maker OpenAI Is Now the Fastest Growing Leading Website, Nearing 1 Billion User Mark in Record Time

New research has revealed that OpenAI is currently the fastest growing website among the top 50 most visited sites on the planet. Only months after launching the AI-powered conversational robot ChatGPT, is rapidly nearing one billion unique visitors per month. Leading Webflow agency VezaDigital analyzed traffic statistics for the top 50 websites with the highest … [More]

82% of Surveyed Hotels Report Staffing Shortages, According to National Survey

As over 80% of hotels experience staffing shortages, hoteliers are offering potential hires a host of incentives to fill vacancies, according to a new survey of hoteliers conducted by the American Hotel & Lodging Association (AHLA). Seventy-five percent of respondents are increasing wages, 64% are offering greater flexibility with hours, and 36% are expanding benefits – … [More]

Premium Parcel Sells for Record-Breaking $7M in Paradise Valley

Frank DiMaggio, Managing Partner at Launch Powered by Compass in Scottsdale, Ariz. closed the largest single family parcel sale in Paradise Valley, Arizona for $7 million on May 31. At 1.25 acres the property sold for another record of $125 per square foot. The sale of the property breaks the previous Arizona sale of $5.5 million for a single-family parcel. The … [More]

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