Profits for Home Sellers Surge Again amid New Round of Price Spikes in Q2

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ATTOM, a leading curator of real estate data nationwide for land and property data, today released its second-quarter 2022 U.S. Home Sales Report, which shows that profit margins on median-priced single-family home and condo sales across the United States hit another new record of 55.5 percent following the largest quarterly gain in a decade. On the heels of a … [More]

Affordable Housing Leader Celebrates 50th Anniversary, Mountain West Headquarters in Arizona

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Dominium, one of the nation’s leading owners, developers and managers of affordable housing, is celebrating its 50th anniversary with the opening of its Mountain West headquarters in Scottsdale. As Arizona’s housing crisis looms, Dominium and its partners are investing $1 billion in the state to develop affordable housing for essential workers and Arizona’s seniors. Dominium … [More]

Seattle Coffee Roaster and Cafe Brings New Life to Downtown Phoenix

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Seattle’s leading independent coffee roaster, Caffe Vita, will toast to the Downtown Phoenix community when it opens its doors on Saturday, July 30. To celebrate its ninth nationwide location and first shop in Arizona, Caffe Vita will give away FREE oat milk lattes from open to close (7 a.m. to 6 p.m) on Saturday, July 30. Located in the historic building that once housed … [More]

Valley Teeth Whitening Co. Goes Green by Stopping Ocean Plastic

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Leader in teeth whitening, SNOW, is offsetting their plastic footprint and moving towards a more sustainable future in their new eco-friendly partnership with Plastic Bank. The brand and its employees have become "Ocean Stewards" and are actively saving our ocean ecosystems by reducing the amount of plastic waste that enters our ocean. Plastic Bank stops ocean … [More]

ASU Launches Apprenticeship Program for Aspiring IT Professionals

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Arizona State University, recognized nationally as America's most innovative school, has launched a new apprenticeship program for aspiring information technology (IT) professionals in collaboration with the American Institutes for Research (AIR) and CompTIA. Arizona State University is the latest organization to join CompTIA Apprenticeships for Tech, a … [More]

Scottsdale Chamber Launches New Website, Improves Access to Member Services

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As part of our 75th Anniversary celebration, the Scottsdale Area Chamber of Commerce, in conjunction with our partners at Digital Saints, announce the launch of our new website. The goal of the new site is to improve access to member services and information while also modernizing the platform and raising the site’s online profile. The new, member-focused website is … [More]

Next Major Metro Phoenix Development Is Virgin Industrial Park

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Boutique commercial real estate company IndiCap continues its formidable metro Phoenix industrial development push with the announcement of Virgin Industrial Park, which it will develop in partnership with Invesco. At build-out, the two-phase, 110-acre Class A development will total more than 1.5 million square feet in five buildings. It will also bring IndiCap’s local … [More]

Utah Construction Co. Opens Heavy Industrial Office in Tempe

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Big-D Companies headquartered in Salt Lake City, Utah launches an industrial division in the Grand Canyon State. Already 14 offices in eight states, Big-D Industrial is the 15th office for the company and the second one in Tempe, Arizona. The new industrial office will focus heavily on building for the mining industry where opportunity is soaring. “As the transition to … [More]

Gilbert’s Dining Scene Welcomes Local Craft Cidery

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Cider Corps is officially joining the Gilbert food and dining scene on Friday when it cuts the ribbon on its second taproom and new production facility. Gilbert Mayor Brigette Peterson will join Cider Corps co-owners and brothers Josh & Jason Duren on Friday, July 29 at 3:30 p.m. in welcoming the veteran-owned craft cidery to the town. Located at 685 S. Gilbert Rd., the … [More]

Phoenix-Based Universal Solar to Open Factory in Panama

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Universal Solar is opening a solar photovoltaic (PV) module manufacturing facility in Panama to supply U.S. and global solar developers and installers, and address challenges in the solar industry, Chief Executive Officer and Founder John Bereckis announced today. "Modules made in the Americas will bypass many of the constraints afflicting the U.S. solar … [More]

Kierland ‘Mid-Rise-Spa-Centric’ Residences Begin Leasing

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LMC, a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, announced the start of leasing at Residences Kierland, a mid-rise spa-centric community in Scottsdale's burgeoning Kierland neighborhood. The 290-home community includes a mix of apartment homes, penthouses and townhomes, and features a relaxing luxury … [More]

Corporate Interior Systems Acquires digg by The Berg Group

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The Berg Group, a  based in the upper Midwest and Phoenix, has acquired digg (Design-Integrate-Go-Grow), the interior construction division of Corporate Interior Systems (CIS). "CIS is excited to announce this acquisition with a strategic alliance to transition future DIRTT opportunities and projects to The Berg Group from digg," stated Lisa Johnson, President … [More]

Pandemic Homebuying Hotspots with Steep Price Increases (Like Phoenix) Most Susceptible to Housing Downturn in a Recession

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Popular migration destinations where home prices soared during the pandemic are most likely to see the effects of a housing downturn amplified and home prices decline year over year if the economy goes into a recession. This is according to a new report from Redfin, the technology-powered real estate brokerage, which also found that relatively affordable northern metros are … [More]

Phoenix Named 7th Best Place to Buy a Vacation Home for 2022

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Vacasa, North America’s leading vacation rental management platform, released its fifth annual Top 25 Best Places to Buy a Vacation Home report. Each year, the company ranks its top 25 markets* to purchase a vacation home based on capitalization (cap) rate, or rate of return on your investment. The report ranking also factors key data points, including median home sale price … [More]

Investment Group Acquires 29-Unit Apartment in Central Phoenix

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Rise Invest acquired the apartment community known as Lofts on 3rd located at 1401 N 3rd Street in Phoenix, AZ. Lofts on 3rd was recently renovated in 2019 and consists of 14 1x1 units, 14 2x2, units (twelve of which are loft style), and one penthouse unit. The property is located just north of I-10, near the heart of downtown Phoenix and is just a 5-10 minute walk from … [More]

Phoenix & Maricopa Community Colleges Launch New Partnership Program to Kick-Start Workforce Development

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Phoenix Mayor Kate Gallego and Dr. Steven R. Gonzales, Interim Chancellor of the Maricopa Community Colleges announced the official launch of a new partnership called “Route to Relief.” The new program, supported by the City’s federal pandemic relief dollars, provides free tuition, monthly stipends and employment assistance in eligible programs across the 10 Maricopa Community … [More]

Business Roadmap Series Comes Back for Arizona Entrepreneurs (En Negocios)

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Calling those that are ready to start a business in Phoenix! Phoenix Public Library’s StartUpPHX is excited to announce the return of its premiere Business Roadmap Series, offered in both English (Business Roadmap) and Spanish (Mapa Para Su Negocio). An 8-session series, this signature program helps Arizona entrepreneurs with specialized expertise in legal issues, target … [More]

SRP Accepting Applications from Valley Nonprofits Interested in Receiving a Free Solar System

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Salt River Project is inviting qualifying Valley nonprofit organizations to apply for the chance to receive a solar system providing renewable energy and covered parking provided by the SRP Solar for Nonprofits program. The application period is currently open and runs through August 14. The Solar for Nonprofits program is funded by customers who contribute as little as $3 a … [More]

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