The Hispanic middle class has grown faster than the white or Black middle class in the past decade and has reached near-parity with the white middle class in seven states, including Arizona, according to a new Stateline analysis.Between 2012 and 2022, the percentage of Hispanic households in the country that qualified as middle class grew…
Recently, the Arizona Department of Environmental Quality released a proposed roadmap outlining plans to convert treated wastewater into purified drinking water.“Advanced water purification has the potential to provide a reliable source of purified water that can alleviate water scarcity issues faced in much of Arizona,” said Randall Matas, deputy director of the water quality division…
Let’s be honest: Even after the shopping marathon that was the past few months, you’re not exactly done shopping. Especially when it comes to picking up something new for you. Luckily, Target just dropped a ton of new after-Christmas markdowns, including 41% off a Shark air fryer, a robot vacuum for less than $200, and…
Arizona’s 100-year water supply requirement came into sharp focus this year when Gov. Katie Hobbs announced news of a potential shortfall.It came up again recently when state Senate President Warren Petersen publicly discussed why the requirement is 100 years and not some other number.Petersen, R-Gilbert, said the number is arbitrary during a meeting about the…
Challenges in the debt market had a significant impact on office trades in Phoenix.Charlie von Arentschildt, first vice president of CBRE Group Inc.’s Capital Markets and Institutional Properties, said the volume of office sales was down about 70% this year from 2022.”The buildings that are particularly hard to get financing for are those that aren’t…
An “abnormally tiny” bear cub is stumping wildlife experts at a park in Arizona.Buddy the bear cub was rescued from a neighborhood in Tucson, and Bearizona Wildlife Park took the little guy in, according to a Dec. 19 news release posted to the park’s social media pages.Experts assume Buddy is almost a year old, since…
A pair of companies with national reach are downsizing their operations in the Valley, affecting more than 200 jobs.Autonomous vehicle company Cruise LLC and logistics firm SPS Ventures each submitted a Worker Adjustment and Retraining Notification, or WARN filing, to the state of Arizona, indicating plans to lay off 110 and 93 employees, respectively. San Francisco-based…
Earlier this year, Frank Lloyd Wright’s final residential design, known as the Norman Lykes House, hit the market for a cool $8.9 million. The Circular Sun House, as it’s also known, was initially put up for sale in 2020 for $7.95 million, but now, the renowned architect’s last-ever creation is taking a fractional ownership approach and offering six people…
Gabrielle OlyaDecember 18, 2023 at 8:01 AM©Grant CardoneThe purchases you make could be derailing your financial progress without you even realizing it. Overspending on things that don’t improve your quality of life or move you closer to your goals wastes money that could have been put to better use elsewhere.Grant Cardone, private equity fund manager…
In this article, we will be navigating through the housing market in the United States while covering the 25 cities where home prices are rising despite the high mortgage rates. If you wish to skip our detailed analysis, you can move directly to the 5 Cities Where Home Prices Are Rising Despite the High Mortgage…