| Arizona Treasury Department Optimistic Into 2021 Despite the pandemic’s devastation to state and local businesses this year, Arizona’s economic outlook in 2021 is fairly strong — at least, according to the office that manages the state budget. “Housing market continues to have impressive gains, up 11%, year…» |
| Arizona Economy Could Withstand Brief Shutdown, Economist Says PHOENIX – Arizona’s financial resources could survive a short shutdown to slow the spread of the coronavirus, a Valley economist said, but any longer could be a problem. “If we shut down and it’s just going to be three weeks, I don’t think you’re…» |
| Lenders Remain Optimistic About Multifamily Sector Fannie Mae, Freddie Mac, and the Department of Housing and Urban Development have provided stability for multifamily investors and owners during the COVID-19 pandemic and the economic downturn. “The key takeaway on the debt side of the equation…» |
| What Makes a Hotel Suitable for Conversion? The lodging industry is still facing various challenges amid the COVID-19 pandemic. Being a people-centric, travel-dependent industry, it’s without a doubt that hotel owners and investors are starting to think more strategically about where the future of their assets lies…» |
| The Downside of the Hot 2020 Housing Market: Rapid Home-price Growth Demand for housing was strong in early 2020, before the COVID-19 crisis hit. Mandated shut-down measures and the fear of what COVID would do to our economy temporarily immobilized the housing market, evinced by nine weeks of declines in the weekly…» |