Fed’s Interest Rate Path Is Now a ‘Meeting-to-Meeting’ Call
The Federal Reserve is back in defensive mode—less a central bank steering toward a clear destination than one reacting to every turn in a global economic storm. At its latest meeting, policymakers kept interest rates steady, but their message was unmistakable: visibility is poor, and decisions will be made “meeting-to-meeting,” as Thomas Briney, president and chief investment officer of Origin Credit Advisers, told GlobeSt.com. That posture reflects a central bank…»
TSMC Investment Is Transforming Phoenix
The construction of Taiwan Semiconductor Manufacturing Co.’s massive chip fabrication plant cluster is fundamentally changing the face of metro Phoenix and the North Valley. Spanning more than 1,000 acres, the planned six fabrication plants, two advanced packaging facilities and a research and development center will likely turn Northern Phoenix into a global semiconductor powerhouse, according to area developers. The effects of this one investment…»
Upcoming Auction Could Deliver 293.5 Desert Ridge Acres for Multifamily Plans
A planned April 30 auction of 293.5 acres along the east side of 40th Street between Loop 101 and Deer Valley Road could provide the next multifamily development site in the bustling Desert Ridge area of north Phoenix. The site is appraised at $108.3M, which will be the minimum starting bid. Developer Michael Lieb (as AZ18 LLC) submitted the application to the Arizona State Land Department that triggered the auction, according to a local news report. Lieb is president…»
Here’s where metro Phoenix home prices climbed the most in 2025
Median home prices in metro Phoenix were flat overall in 2025, but some areas — including Apache Junction and central Phoenix — saw double-digit increases. Other parts of the Valley, including Desert Ridge in north Phoenix and north Glendale, posted double-digit price drops. Tina Tamboer, senior housing analyst with the Cromford Report, said some parts of the Valley are definitely doing better than other areas farther out. But overall, “the housing market is pretty much treading…»
Trader Joe’s coming to north Phoenix amid major projects, land auctions
Trader Joe’s is planning to open another Valley store.It’s coming to Desert Ridge Marketplace, at 21001 N. Tatum Boulevard, according to an application for a liquor license filed with the city of Phoenix. No other details were available on the timeline for development. The specialty grocer currently has 19 stores across the state and last year opened its first location in the far West Valley at Goodyear’s downtown redevelopment, GSQ. The Desert Ridge area where Trader Joe’s latest store is…»