Bob Christie Capitol Media Services PHOENIX — Republican leaders of the Arizona House and Senate have reached a deal with Democratic Gov. Katie Hobbs to bring a proposal extending a half-cent Maricopa County transportation tax up for a vote when the Legislature returns on Monday.But a large faction of GOP lawmakers known as the Arizona…
By: In a matter of months, interest rates have gone from 0 to 5.25%, the highest that they’ve been in decades. I put your question to Diane Swonk, the … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
PHOENIX — The Arizona Attorney General sued a solar company, the extreme heat continued and an iconic Valley church is being torn down for luxury homes. Here are some of the biggest stories that headlined the Arizona news cycle over the weekend. Attorney General sues solar company over illegal phone calls, dishonest savings claims Arizona…
Home building in metro Phoenix hasn’t come to a grinding halt and isn’t expected to, despite new water restrictions for subdivisions on the area’s edges.And while the Valley’s water woes won’t help the area’s housing shortage, they aren’t going to make it substantially worse either, according to water and housing experts.Arizona’s water agency said last…
By: In June, the core measure of the personal consumption expenditures index – a favorite of the Federal Reserve – dipped to 4.1%, a soothing decrease … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
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By: Economists surveyed by The Wall Street Journal had predicted a 0.2% rise in personal consumption expenditures, which aligns with the reported figures. See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: People with low incomes, of course, are those who most need the protection the law provides from high interest rates, which too frequently add … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By After soaring last year, inflation has cooled faster than economists had expected. Still, prices at grocery stores and malls aren’t likely to go down anytime soon.AdvertisementThat’s because the economy and the job market remain hot, despite predictions of a recession. Wages are still rising. Gross domestic product climbed a healthy 2.4 percent last quarter,…
By: This matters because consumer spending is the dominant driver of the U.S. economy, with personal consumption expenditures accounting for 68% of GDP. See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!