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Q2 home prices grow in most metros

Posted by   /  August 13, 2020  /  Economy, Real Estate  /  No Comments

By Builder Home prices were on the rise in the second quarter in most of the nation’s major metros. According to the latest quarterly report from the National Association of Realtors, median single-family home prices increased year over year in 96% of measured markets, with 174 of 181 metropolitan statistical areas seeing sales price gains. […]

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Millions of unsellable homes could upend market

Posted by   /  August 13, 2020  /  Economy, Real Estate  /  No Comments

By AZ Business Magazine | Via AZBigMedia Millions of American homes could become unsellable – or could be sold at significant losses to their senior-citizen owners – between now and 2040, according to new research from the University of Arizona. The study predicts that many baby boomers and members of Generation X will struggle to […]

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As pandemic empties office buildings, can spaces help solve housing crisis?

Posted by   /  August 13, 2020  /  Economy, Real Estate  /  No Comments

By Clare Trapasso | Realtor.com It seems like it was only yesterday when America’s downtown business districts thrummed with life—rivers of people making their way to and from their offices, queueing up for hot lunch places, meeting for après-work drinks. Memories! Since onset of the coronavirus pandemic, though, the pulse of those once-thriving districts has subsided to a […]

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More small businesses reopening but COVID still taking a toll

Posted by   /  August 12, 2020  /  By Mike Sunnucks, Economy  /  No Comments

By Mike Sunnucks | Rose Law Group Reporter A majority of small businesses are now at least partially reopened as they traverse COVID-19 and related government public health orders.But 14 percent of small business owners say they are permanently closed in the wake of the Coronavirus pandemic and its economic impacts.That is according to survey […]

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This number shows a stunning reversal in the chances of Main Street’s survival

Posted by   /  August 12, 2020  /  Economy  /  No Comments

By Lori Ioannou | CNBC  The pandemic is still raging on in the U.S., yet 64% of small business owners on Main Street are confident that they can survive for more than a year under current conditions, the Q3 CNBC|SurveyMonkey Small Business Survey revealed on Monday. Surprisingly, that is nearly double the 34% that held […]

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Pollack: Outrage!

Posted by   /  August 11, 2020  /  Economy, Government and Politics, Real Estate  /  No Comments

FOR IMMEDIATE RELEASEAugust 10, 2020The Monday Morning QuarterbackA quick analysis of important economic data released over the last weekThe big news last week occurred late Friday.  President Trump, in an attempt to break what is one of the most outrageous and thoroughly disappointing political deadlocks I have ever seen, signed four Executive Orders in an […]

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3 reappointed to Queen Creek P&Z, 1 to Greater Phoenix Economic Council

Posted by   /  August 10, 2020  /  Government and Politics, Real Estate  /  No Comments

By Richard Dyer | Queen Creek Independent Queen Creek residents Alex Matheson, Troy Young, and Lea Spall have been reappointed to serve on the town’s Planning and Zoning Commission and Carson Brown was reappointed to the Greater Phoenix Economic Council Board of Directors. The Queen Creek Town Council on Aug. 5 voted unanimously to approve […]

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PPP pumps $200 million into West Valley

Posted by   /  August 6, 2020  /  Economy  /  No Comments

By Tom Scanlon | West Valley View In a massive effort to keep employers writing paychecks during the pandemic, the federal government pumped more than $200 million into car dealers, restaurants, churches, private schools, contractors and other West Valley businesses in a loan-forgiveness program.  Going out to dairies, car dealers, restaurants, churches and other businesses, […]

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Potential stimulus bill could allow companies in bankruptcy to pursue PPP loans… says Rose Law Group attorney Dan Gauthier

Posted by   /  August 5, 2020  /  Economy, Featured News, Government and Politics  /  No Comments

By Andi Medici | Washington Business Journal Small businesses that have filed for bankruptcy, or nearing that step, might get their own shot at a Small Business Administration Paycheck Protection Program loan under a stimulus provision being debated in Congress. The proposal, filed as part of broader stimulus measures last week by Sens. Marco Rubio, […]

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Pollack: Record GDP contraction

Posted by   /  August 4, 2020  /  Economy, Real Estate  /  No Comments

ELLIOTT D. POLLACK& CompanyFOR IMMEDIATE RELEASEAugust 3, 2020 The Monday Morning QuarterbackA quick analysis of important economic data released over the last week The most widely followed economic headline of last week was not the most important. We’ll cover the headline news first and then get to what was really significant. The headline was about […]

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