Commercial Real Estate & Business News – April 15, 2021

How are Stimulus Checks Being Spent? Two-thirds of Recipients say They use Them for Groceries, Monthly Bills Approximately 159 million economic impact payments, totaling more than $376 billion, have gone out to eligible recipients in the last month — and the majority of that money continues to be spent on groceries, rent and other monthly […]

Commercial Real Estate & Business News – April 14, 2021

Are Californians Ruining the Arizona Housing Market? The median home price of the average single-family home in Arizona has been increasing drastically over the past several years. Since 2015, the Arizona housing market has seen the median closing sale price increase from $211,000 to an astonishing $350,000. While many native Arizonans angrily profess to…» The […]

Commercial Real Estate & Business News – April 13, 2021

Powell Says ‘It will be a while’ Before Fed Taps the Brakes on Economy Fed Chairman Jerome Powell returned to “60 Minutes” on Sunday to tell Americans that the economy is going to start growing strongly, but they shouldn’t expect the central banks to start raising interest rates as a result. Asked by CBS News’ […]

Commercial Real Estate & Business News – April 12, 2021

The Economy is on the Cusp of a Major Boom and Economists Believe it Could Last The economy has entered a period of supercharged growth, and instead of fizzling, it could potentially remain stronger than it was during the pre-pandemic era into 2023. Economists now expect the second quarter to grow at a pace of […]

Commercial Real Estate & Business News – April 9, 2021

$14M Transformation of Hayden Station on Mill Ave. is Coming Phoenix-based developer George Oliver has announced plans for its next Arizona experiential office transformation: the five-building Hayden Station mixed-use office campus, located on the southwest corner of Mill Avenue and Third Street in the heart of downtown Tempe. Built in 1986, Hayden Station has,…» What […]