Reliable as cicadas, grand plans for urban renewal in the heart of Salt Lake City seem to hatch every 10 years or so.Notions of multimillion-dollar redevelopments over multiple downtown blocks with visions of economic transformation have pulsed each decade at least since the late 1960s, when the overhaul that flattened most of Japantown paved the…
By: … Arizona Republic reports. “Trump, who initially … Wall Street Journal: “While Federal Reserve officials aren’t likely to change interest rates … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
A brush fire burned north of Fountain Hills prompted highway closures on Sunday afternoon.According to the Arizona Department of Transportation, the southbound lanes of State Route 87 were closed around 4:30 p.m. near Payson as a result of the Sand Stone. The highway is now closed from SR 188 to Bush Highway.There was no estimated…
The tokenization of real-world assets (RWAs) has the potential to revolutionize traditional finance, and a dedicated blockchain is crucial for its rapid adoption, according to John Patrick Mullin, CEO and co-founder of Mantra. Mantra bills itself as just such a solution, pitched as a “security-first” layer-1 blockchain designed to keep up with real-world regulatory requirements….
Medical Properties Trust (NYSE: MPW) expanded aggressively when interest rates were low. The real estate investment trust (REIT) took on a lot of debt to build one of the world’s largest portfolios of hospital real estate. That rapid growth allowed the REIT to grow its dividend. Unfortunately, the healthcare REIT’s strategy backfired when rates surged,…
PHOENIX – Big Lots will be closing over a dozen of its Arizona stores, a product of the company’s … doubt” about its ability to continue as it faces troubles with inflation and competition. PHOENIX – Big Lots will be closing over a dozen of its Arizona stores, a product of the company’s plans to…
By: … interest rates to – in part, to slow down inflation. That has a cost … Hosted by Lou Gum, Arizona Edition, KAWC’s news program, is our focus on the … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
When Guy Consolmagno went to Kenya with the Peace Corps at age 30, he was homesick at first, but soon found a remedy: He would go outside after dark and look at the stars scattered like diamonds across the night sky.“These were the stars that I grew up with in Michigan. So I said, ‘How…
Arizona isn’t required to reimburse counties for school desegregation compliance expenses that exceed the state constitution’s 1% limit on residential property taxes, the state high court ruled Monday.A 2018 change by the state legislature “reflected its intent to end state funding of desegregation expenses with primary taxes,” Justice Robert M. Brutinel wrote for the unanimous…
halbergman / Getty Images/iStockphotoThere are plenty of reasons that Arizona is considered a hot state. No, it’s not just the weather that breaks records — it’s the housing market as well. Real estate in Arizona is having a boom for a variety of reasons and it might continue through 2029… or fizzle out by that…