The question: With the mortgage forbearance program winding down and housing inventory hitting a 40-year low, where is the housing market headed amid dynamics of the COVID-19 pandemic? Shades of 2008? When the U.S. housing market collapsed in the Great Recession in 2008, Congress created the Federal Housing Finance Agency (FHFA) to regulate the mortgage industry. The FHFA … [More]
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Remote Work Will Fuel Housing Demand for Years to Come
Zillow
As employers make — or delay — plans to reopen workplaces this fall, new Zillow research1 finds that nearly 40% of U.S. workers (39%) still don't know if or how often they'll be working in person. More than one-third of those workers (35%) say that uncertainty is impacting their ability to make decisions about their lives, such as the decision to move. Remote work is … [More]
EN NEGOCIOS: 5 pasos para dejar su trabajo de la manera correcta para comenzar su negocio
por Edgar R. Olivo
¿Has oído hablar de La gran resignación? Este concepto comenzó alrededor de marzo de 2021 cuando Microsoft publicó su informe Work Trend Index y un profesor asociado de la Universidad Texas A&M acuñó la frase en una entrevista viral de Bloomberg. El informe indicó que es probable que el 41 por ciento de la fuerza laboral mundial considere dejar su lugar de trabajo actual … [More]
5 Steps to Quit Your Job the Right Way to Start Your Business
by Edgar R. Olivo
Have you heard of The Great Resignation? This concept began around March 2021 when Microsoft released its Work Trend Index report and an associate professor at Texas A&M University coined the phrase in a viral Bloomberg interview. The report stated that 41% of the global workforce is likely to consider leaving their current place of employment within the next year. Later, … [More]
Minority-Owned Businesses Are Rising Out of the Pandemic
by Ed Aaronson
According to the Arizona Hispanic Chamber of Commerce, minority-owned businesses are unique in that 56 percent are family-owned seeing an average revenue of $110,000 compared to non-minority-owned businesses that generate $500,000 on average per year. The stakes are higher for minority-owned businesses in Arizona because the success of the family is directly tied to the … [More]
Beyond Mentoring: The 3 C’s – Coaches, Champions & Cardinals
by Jill J. Johnson, MBA
People who achieve career success often talk about having had a mentor who guided their career. Whether the mentoring relationship evolves naturally or is a planned relationship, it provides a sustained link between the two individuals. Everyone needs help learning new skills and imagining things they could have never conceived of on their own. Yet there are three other types … [More]
The Wild Start-Up Ride: How Entrepreneurs Can Stay Up through the Downs
inbusinessPHX.com
The COVID-19 pandemic shut down brick-and-mortar businesses all across America through parts of 2020, but surprisingly, it blew the doors wide open for start-ups. Americans filed paperwork to start 4.3 million businesses last year, the most since the United States Census Bureau began tracking new business creation in 2004, and the momentum continued through the first half of … [More]
An Entrepreneur’s Journey of Risk, Resilience and Rewards
by James Webb
My big career change came at the height of my former career. I had a calling, one that arose from my belief in opportunity and an innate trust in my gut instinct when it came to life-altering decisions. I was 38 and chief operating officer/president of a medical imaging company in South Florida. A physician friend asked me if I thought our company would want to be one of the … [More]
Are You Behind in Saving for Retirement? Tips to Get Each Generation on Track
inbusinessPHX.com
The data: A survey shows nearly six in 10 workers save less than 10% of their income, and most over age 40 aren’t putting enough money away to build sufficient retirement savings. The question: What are some dynamics about saving that different age groups should think about when putting aside money for retirement? Expert’s take: “People should start saving for retirement … [More]
5 Lessons in Leadership from Simone Biles’ Olympic Decision
by Jeanet Wade
I want to start this discussion by saying I have no idea what really happened at the Olympics. Most of us probably don’t know what was said or done and fewer will ever know what was happening for the human beings who were part of the decisions, actions and events around Simone Biles’ withdrawal from the women’s gymnastics all-around final competition. What I do want to … [More]
