According the the U.S. Census Bureau, Phoenix remains the largest relocation destination in the United States for the fourth year in a row! With an estimated 1,680,992 Phoenix residents, our population grew by a staggering 26,317 people in 2019 alone. As our tech industry continues to expand, more and more people come to live and…
According to RENTCafé’s January Rent Report, the average cost of rent in the United States reached $1,463 after a 3% annual increase. Rent costs are expected to continue their upward trend, as the number of U.S. renters continues to rise. 157% more Americans who make more than $150k per year have been renting, citing a…
With millions of doses already out and many more on the way, the news regarding such efficacious COVID-19 vaccines has been prompting hope in many Americans for a return to some of the world we knew before 2020. The 2021 real estate market stands to benefit from a surge in consumer confidence that will manifest…
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Glendale Mayor Jerry Weiers met with leadership from Banner Health and developer partner NexCore on Wednesday, January 29 to break ground on Banner’s newest health center project. Located near 75th Avenue and Loop 101, this new Glendale location will be Banner’s largest health center yet. This site is expected to be two to three times…
ViaWest Group – based in Phoenix – has sold the famous Biltmore Center for $212 million. This was the largest deal to close in 2019, and the fourth largest in market history. ViaWest sold the iconic property to an unnamed entity that was formed for the purchase. Biltmore Center features three office buildings totaling 643,145…
Atari – a pioneer of arcade and home video games, is secured in the hearts of millions of Americans. The Atari 2600 and 5200 are emblematic of a simpler time – that of big hair, spandex, and leg warmers. We’ve seen businesses, particularly bars and clubs capitalize on our love for the 1980’s, but Atari…
Lucid Motors, a luxury electric car maker, has just started construction on their manufacturing plant in Casa Grande. This plant is scheduled for completion in 2020, and represents an investment of over $300 million. This plant is expected to bring over 5,000 jobs to the area, and Lucid has already started hiring the first of…
Great news for the state of Arizona! Moody’s Investors Service use a number of factors to define a state’s credit rating. Measured on a 21-grade scale, from C at the low end and Aaa at the high end, Arizona has moved up to the second highest rating of Aa1. This is due to a combination…
Sensationalist media would have us believe that our home state is running out of water. A common criticism of Phoenix is that we use a significant amount of water for aesthetic purposes, but there’s a lot to know before passing judgment. Why is it that when other states are clamping down on water usage, Arizona…