My View: Arizona needs more housing. Adopting these policies can get us there

Arizona, once renowned for its affordable living, now finds itself grappling with the consequences of rapid population growth and inadequate housing supply, a problem exacerbated by high interest rates and construction costs. This housing situation threatens the state’s economic vitality and social stability. The recently released “State of Housing in Arizona” report from the Arizona…

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Arizona Golf Association names 4 Hall of Fame inductees; ASU men win season’s 1st tourney

The Arizona Golf Association Hall of Fame Committee announced the four inductees for its 2024 Class.Rob Collins, Amy Fruhwirth and Joe Shershenovich were selected as modern candidates with longtime Arizona Golf Association Executive Director Ed Gowa named as a legacy candidate. They will be inducted during a ceremony at Arizona Biltmore Golf Club on Tuesday,…

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Investors raise caution flag for Phoenix apartment sector amid some softness

While positive economic indicators have attracted the attention of investor interest in the Arizona apartment market, they’re proceeding with caution.That’s because new supply is creating a softness in some submarkets, said Adam Finkel, co-founder and managing partner of Scottsdale-based Tower Capital.Year-over-year multifamily rents are down 1.6% through the second quarter in metro Phoenix, said Peter…

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Home Depot rival to shut all 442 stores across 47 states after going bankrupt – but will have huge clearance sale first

LL Flooring – previously known as Lumber Liquidators – is shutting all its stores after going out of business after three decades.The retailer, one of America’s biggest flooring suppliers, was looking for a buyer after filing for bankruptcy.Earlier in the summer it had 442 stores, but shut nearly 100 as it looked to cut costs…

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