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Arizona Gov. Hobbs signs rental tax ban, a GOP priority

Gloria Rebecca Gomez(Arizona Mirror) Arizonans can now look forward to relief from rental taxes, after Gov. Katie Hobbs signed a bill on Tuesday that bars cities from collecting them starting in 2025.The measure was at the top of Republicans’ legislative priorities for the recently concluded legislative session. A proposal sent to Hobbs in February was roundly rejected, but…

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How AI and VR Are Revolutionizing the Housing Market

Artificial intelligence (AI) and virtual reality (VR) have revolutionized real estate marketing, virtual touring, and the entire homebuying and selling process as a whole. More specifically, AI is being used in the real estate sector to identify potential buyers and sellers through predictive analytics, to price homes more accurately by analyzing historical sales data, local…

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Double-digit growth in real wages, retail sales as Russia’s unemployment hits record low

Record low unemployment in June highlighted Russia’s stark labour shortage, statistics data showed on Wednesday, even as the rebound from last year’s economic slump continued with double-digit jumps in wage growth and retail sales. Record low unemployment in June highlighted Russia’s stark labour shortage, statistics data showed on Wednesday, even as the rebound from last…

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Among the nation’s hottest housing markets, vacation and second-home sites see big gains

The Covid-19 pandemic reshaped many of the nation’s housing markets, including places once mostly thought of as seasonal destinations.An analysis by The Business Journals of pricing trends among ZIP codes with a minimum median home value of $250,000 and a population of at least 5,000 found some of the nation’s hottest housing markets are tourism…

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Embedding an ESG Mindset in Real Estate

Jenny Brusgul, National ESG Advisory Practice Leader, CohnReznick. Image courtesy of CohnReznick Passion for ESG and sustainability can arise from many things: love for the planet, health issues, personal loss due to natural disasters, and so on. For Jenny Brusgul—a professional with a background in strategy consulting focused on mergers and acquisitions—it was inspired by…

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