Commercial Real Estate & Business News – April 17, 2020

‘Arizona Will Lead,’ Says Gov. Doug Ducey on Reopening the Economy and What’s Next During Coronavirus
Testing, treatment, social distancing and other health safeguards remain top priorities for stemming the new coronavirus outbreak in Arizona. But government and business leaders are starting to look toward the day, possibly within a few weeks, when the state’s economy might start to reopen…»
Reopening Could Require Thousands More Public Health Workers
Before stay-at-home orders are lifted, the nation’s public health agencies want to be ready to douse any new sparks of coronavirus infection – a task they say could require tens of thousands more investigators to call people who test positive, track down their contacts and get them into quarantine…»
Arizona Rep. Andy Biggs Believes State Should Reopen Fully Now
If social distancing guidelines continue to be observed, U.S. Rep. Andy Biggs of Arizona would like to see nonessential businesses reopen as soon as possible. “Allow retail shops to open up the way they normally would with social distancing you see in grocery stores… businesses are just dying on the vine…»
3 Arizona Congress Members Picked for Economic Recovery Task Force
Three Arizonans were selected to serve on a bipartisan White House task force of Congress members that will focus on the nation’s economic recovery from the coronavirus outbreak. Democratic Sen. Kyrsten Sinema, Republican Sen. Martha McSally, and Republican Rep. Andy Biggs announced their participation…»
Mortgage Rates Near All-Time Lows
Freddie Mac  today released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.31 percent. “Mortgage rates continue to hover near all-time lows for the third straight week. As a result, refinance activity remains high, but home purchase…»