Home prices across the United States continued to climb in September, rising 7.8 percent in the twelve months since October 2019, according to Radian Home Price Index (HPI) data released by Red Bell Real Estate, LLC, a Radian Group Inc. company (NYSE: RDN). The Radian HPI is the most comprehensive and timely measure of U.S. housing market prices and conditions. Since the … [More]
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U.S. Home Price Gains Continue through End of Third Quarter, Home Price Index Reports
Red Bell Real Estate, LLC
$715,000 Allocated to Support Families, Communities in Need throughout Arizona
State of Arizona Office of the Governor
Governor Doug Ducey announced $715,000 from the AZ Coronavirus Relief Fund has been allocated to 19 organizations across the state that support individuals and families in need. The recipient organizations provide services including short-term housing, food and basic living assistance, employment support, education materials, health services and more. “Organizations across … [More]
Governor Paints Rosy Picture as Arizona Leads Nation in Homeownership Growth
State of Arizona Office of the Governor
Arizona is adding homeowners faster than any state in the nation, a sign of continued growing economic momentum in the state. The state’s quarter-over-quarter homeowner rate change increased by 7.7 percentage points in Q2 2020, according to data from the U.S. Census Bureau, the best in the nation. “The American dream of owning a home is alive and well in Arizona,” said … [More]
Greater Phoenix Economic Council Named Top Economic Development Organization in US
Greater Phoenix Economic Council
The Greater Phoenix Economic Council (GPEC) has been named the top economic development organization in the U.S. (population 500k+) by the International Economic Development Council (IEDC). This distinct recognition is tied to IEDC’s 2020 Excellence in Economic Development Awards and the announcement was made Thursday during IEDC’s Annual Conference. Awards are judged by a … [More]
U.S. Loan Serious Delinquencies Spiking Despite Strong Housing Demand
CoreLogic
CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for July 2020. On a national level, 6.6% of mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure). This represents a 2.8-percentage point increase in the overall delinquency … [More]
Home Values Are Growing at a Pace Not Seen Since the Recovery from the Great Recession
Zillow
The housing market has seen record-breaking growth since June, further cementing its strength amid an uncertain economy, according to the latest Zillow® Real Estate Market Report1. The typical home value rose to $259,906 in September. That incredible growth includes: A month-over-month growth rate of 0.8%, the biggest jump since November 2005. Quarterly growth of … [More]
Record-Shattering Political Ad Spending in the 2020 Election Cycle
Advertising Analytics
Advertising Analytics is reporting unprecedented political ad spending this political cycle of 2019 – 2020, shattering all previous records. With spending currently at $7 billion and with several weeks still left to go until Election Day, this amount is well over the $6.7 billion projected by Advertising Analytics for the entire cycle. The $7 billion represents an 80% … [More]
Downtown Phoenix will be Site of NCAA Women’s Final Four in 2026
inbusinessPHX.com
The NCAA announced that Phoenix is the host city for the 2026 Women's Final Four. The national semifinals will begin on Friday, April 3, 2026 at Talking Stick Resort Arena with the national championship final game taking place on Sunday, April 5. This marks the first time that Phoenix has hosted the nation's top collegiate women's basketball championship, which has not been … [More]
Jobless Claims Rise amid Growing Urgency for Stimulus Package
U.S. Department of Labor
In the week ending October 10, the advance figure for seasonally adjusted initial claims was 898,000, an increase of 53,000 from the previous week's revised level. The previous week's level was revised up by 5,000 from 840,000 to 845,000. The 4-week moving average was 866,250, an increase of 8,000 from the previous week's revised average. The previous week's average was revised … [More]
Temporary Outdoor Dining and Alcohol Areas Approved for Restaurant Owners
City of Phoenix
The Phoenix City Council approved the creation of Temporary Outdoor Dining and Alcohol Consumption Areas to allow restaurants to implement outside dining to accommodate their customers while meeting social distancing requirements and recommendations. The temporary outdoor dining program allows the Planning and Development Department to issue an “Emergency Declaration Temporary … [More]
Arizona to Host 2026 NCAA Women’s Final Four; Beating Out Columbus, Portland and Tampa
inbusinessPHX.com
The NCAA Women’s Basketball selected Phoenix, Arizona to host the 2026 Women’s Final Four. This will be the first time Arizona hosts the tournament, which has not been held out West since 2012. The competitive bidding process started nearly a year ago, with the Phoenix Women’s Final Four Bid Committee submitting preliminary materials to the NCAA. In January, Phoenix was … [More]
¿Conoces el Judo Verbal?
por Edgar R. Olivo
¿Alguna vez se ha sentido frustrado al intentar comunicar algo, pero no puede expresar claramente lo que quiere decir? Ya sea en el trabajo, con un ser querido o con otra persona, la comunicación a veces puede salir mal. Imagínese usar sus palabras para resolver situaciones, crear soluciones y hacer que los demás se sientan escuchados. Ahora, imagínese usar sus palabras para … [More]
Have You Heard of Verbal Judo?
by Edgar R. Olivo
Have you ever found yourself frustrated when trying to communicate something, but are unable to clearly state what you mean? Whether it is at work, with a loved one or someone else, communicating sometimes can go wrong. Imagine using your words to defuse situations, create solutions, and make others feel heard. Now, imagine using your words to create the opposite effect. Do you … [More]
Ten Largest Unicorns in the World Hit more than $560B in Value, China and U.S. Fill Top 5 Slots
inbusinessPHX.com
When the term unicorn emerged back in 2013, there were only 40 private companies with a valuation of one billion dollars in the world. Since then, the number of these financial giants jumped 12.5 times, reaching around 500 in September. According to data presented by AksjeBloggen.com, the ten largest unicorn companies in the world hit a valuation of $563.3 billion as of … [More]
Southwest Airlines Launches First International Service from Phoenix
inbusinessPHX.com
Travelers at America's Friendliest Airport® now have new flight options to Mexico as Southwest Airlines launched its nonstop, inaugural service from Phoenix to Cabo San Lucas and Puerto Vallarta today, making Phoenix Southwest's newest international gateway. “Southwest Airlines is an important community partner," said Chair of the Transportation, Infrastructure and … [More]
Retail Giant’s Foundation Donates to Arizona Coronavirus Relief Fund
inbusinessPHX.com
The IKEA US Community Foundation has donated $1,147,083 to the AZ Coronavirus Relief Fund, supporting Arizona families, medical professionals and those in need. The amount was chosen by the foundation purposely to align with the amount IKEA employees in Arizona collected in unemployment insurance benefits when the company closed stores and furloughed employees during the … [More]
BBB Pacific Southwest Awards Small Businesses With Much-Needed Grants
BBB Serving the Pacific Southwest
Vulnerable small businesses, working families, women-owned businesses and communities of color continue to be severely impacted by COVID-19. In April, the Main St. Matters Grant Program was launched by Better Business Bureau Serving the Pacific Southwest (BBB) to support local businesses experiencing financial hardship. The program awarded 24 additional grants in September, … [More]
Small Business Optimism Improves in September, Uncertainty Index Remains High
NFIB
The NFIB Optimism Index rose 3.8 points to 104.0 in September, a historically high reading. Nine of the 10 Index components improved and one declined. The NFIB Uncertainty Index increased 2 points to 92, up from 75 in April. “As parts of the country continue to open, small businesses are seeing some improvements in foot traffic and sales,” said NFIB Chief Economist Bill … [More]
