Article originally published by The Arizona Republic on December 1, 2016. Drum roll please…. The top housing market in the U.S. in 2017 will be metro Phoenix, according to a new realtor.com forecast. It’s about time. The Valley’s steady growth in sales and price increases, tighter new home market and short supply of foreclosures make it one […]
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What the Rise of Phoenix’s Housing Says About the U.S. Economy
Article originally posted on Wall Street Journal on November 30, 2016. Phoenix’s battle-scarred housing market is expected to be the strongest in the country in 2017, another sign that the U.S. housing market is returning to full strength. The rapid rise of a market that housing analysts once thought might not recover for decades demonstrates the […]
Arizona, SW Region Economic Growth Eclipse Nation in Coming Year
Article originally posted on Phoenix Business Journal on September 18, 2016 The Southwest is expected to continue eclipsing the national economy in terms of economic growth and job creation over the next few years. That’s according to former Citibank CEO Eugene McQuade, who spoke at the annual Phoenix Business Journal-Salt River Project 2017 Economic Forecast, […]
$80M land sale on metro Phoenix’s western edge could bring 40K homes on stalled Tartesso development
Article originally posted on AZ Central on September 9, 2016 A California investor has paid $80 million for more than 10,000 acres west of the White Tank Mountains in Buckeye that could sprout nearly 40,000 new homes. Valley developer and philanthropist Jerry Bisgrove sold the Tartesso development to Irvine, California-based Dolphin Partners, according to public […]
Report Says Arizona Economy is Outperforming Again
Article originally posted on AZ Central on August 23, 2016 Arizona’s economy is shedding its underperforming label and will start to push above the national average, according to a new report. Robert Kavcic, senior economist at BMO Capital Markets in Toronto, expects the state’s economy to grow by 2.1 percent this year and 2.4 percent […]
Why So Many Businesses Are Fleeing California For Phoenix
Article originally posted on Phoenix Business Journal on August 16, 2016 California’s tax and regulatory policies have made the cost of doing business more expensive than other states and prompted about 10,000 companies over the last eight years to leave the state or shift or curtail operations to reduce costs, according to a report from […]