As remote work prompted many Americans to relocate during the pandemic, housing costs soared in second-home hotspots even more than the rest of the country, according to a new report from Redfin, the technology-powered real estate brokerage. Average rental prices rose 17.1% year over year nationwide to $1,893 in popular second-home markets in April. That’s compared with a 10% … [More]
U.S. Space Force Selects Arizona State University for Partnership
The U.S. Space Force and Arizona State University signed an agreement here Tuesday making ASU the newest member of the service’s University Partnership Program. USSF Chief Technology and Innovation Officer Dr. Lisa Costa joined ASU President Michael M. Crow on the Tempe campus to finalize the agreement and to learn more about ASU space initiatives and capabilities. Home … [More]
Fairmont Hotels & Resorts Adds Luxury Hotel and Residences in Downtown Phoenix
Fairmont Hotels & Resorts, part of world leading hospitality group Accor, together with Thunderbird Legacy Development, announced the signing of definitive agreements for the development and management of a new Fairmont Hotel and Residences in downtown Phoenix. Scheduled to open in early 2025, Fairmont Phoenix will offer a luxury hotel and residential experience unlike … [More]
Phoenix Metro Sees 3.8% Employment Growth Since Last Year
At the national level, many key employment indicators in the U.S. look similar to before the COVID-19 pandemic, and robust employment growth plays a part in that. But the impact the coronavirus had on employment can’t be overstated. Data from the U.S. Bureau of Labor Statistics shows that job losses in the spring of 2020 were comparable to those of the Great Depression. The … [More]
