(Reuters) – Pinnacle West Capital Corp posted a quarterly profit from year-ago loss on Thursday, on the back of customer growth, increased sales and new rates.Utility companies use General Rate Case (GRC) proceedings to increase consumer electricity prices to ask for an increase in rates on the basis of its total cost of providing service.The…
Average working-class Arizonans can’t afford to purchase homes right now because of supply shortages.Arizona is quickly becoming one of the least affordable places in the nation to buy a home and is currently facing a crisis when it comes to housing affordability. Approximately 8,000 people are moving to our state each month, yet the housing…
Average working-class Arizonans can’t afford to purchase homes right now because of supply shortages.Arizona is quickly becoming one of the least affordable places in the nation to buy a home and is currently facing a crisis when it comes to housing affordability. Approximately 8,000 people are moving to our state each month, yet the housing…
A NASCAR driver, co-founder of a mortgage lender, interior designers, a former U.S. Senate candidate and Arizona restaurateurs were among the buyers and sellers of metro Phoenix’s priciest home sales in early April.$10,400,000Dark Wash LLC paid cash for a 7,375-square-foot home in north Scottsdale’s Silverleaf community. The house with four bedrooms and 6 ½ bathrooms…
Arizona legislation to speed up the zoning process and require cities to track how much housing they need was signed by the governor earlier this week. Both are moves to address the state’s housing shortage.Republican-backed SB 1162 sets a deadline of 180 days for municipalities to decide on zoning requests that are complete when filed….
Marine Corps Air Station Yuma, located in the sunny southwestern corner of Arizona, is not only a pivotal base for military training but also a significant influencer on the local real estate market. With its proximity to the base, the city of…
Ethan Erickson Coming off their first losing season since 2007 and off to a slow start this year, the Cardinals are seeing a rare downturn in fan interest, as evidenced by attendance and ticket resale data.Earlier this month, at the completion of the season’s first homestand, the Cardinals saw a five-game average attendance of 34,909,…
Ethan Erickson Coming off their first losing season since 2007, the Cardinals are seeing a rare downturn in fan interest, as evidenced by both attendance and ticket resale data.Earlier this month, at the completion of the season’s first homestand, the Cardinals averaged a five-game average attendance of 34,909, which covered all games on that homestand…
Metro Phoenix home prices and sales ticked up in March, but higher interest rates are affecting the market in April.The Valley’s median home price rose $5,000 to $445,000 last month, according to the Arizona Regional Multiple Listing Service. Sales increased by about 1,000 from February to 6,541 in March.The median home price is projected to…
Listen to this article In the quest to address the affordable housing crisis gripping our state, particularly in urban areas where space is at a premium, one solution stands out: Accessory Dwelling Units (ADUs). These secondary units, also known as casitas, have gained traction across the country and the state as a viable means to…