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Tiny home trend slow to grow in Arizona, but developers plan new projects

Despite growth, the the tiny house trend has struggled to gain a significant foothold in Arizona.... Read more»

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Warehouse & delivery jobs growing faster than retail

Online sales now account for about nine percent of all U.S. retail sales, and that is shifting more jobs from traditional stores to warehouse and package delivery in Tucson and the rest of the nation. And the Tucson metro area continues to lag the rest of Arizona in job growth, but experts say more hires are likely.... Read more»

Az biz leaders see interest rate hike as sign of improving economy

The Federal Reserve raised the key interest rate by a quarter-percent Wednesday, to 1.0 percent, a move that Arizona business leaders welcomed as one that is likely to benefit consumers in the state in the long run.... Read more»

Real estate

Tucson could become more of a seller's market in 2017

Tucson's housing market is likely to become a bit more of a seller’s market in 2017 due to an unusually low supply of homes for sale and competition from new residents lured by the growing number of job, say local real estate experts. Decent homes at the low end of the market are already facing a lot of buyers.... Read more»

Analyst: Tucson's economy should grow faster over next 2 years

Tucson's economy has been gaining momentum and is expected to grow even faster over the next two years, especially if some of president-elect Donald Trump's proposals are enacted, University of Arizona economist George Hammond said Friday.... Read more»2

Analysts: Tucson will be 9th hottest housing market in 2017

Tucson will be the ninth hottest housing market in 2017, while metro Phoenix will be number one, real estate analysts forecast.... Read more»

Deportations could hit real estate markets in Az, nation

If the mass deportations promised by President-elect Donald Trump take place, the housing market could take a significant hit as undocumented immigrant homeowners are foreclosed on: an impact of roughly $906.3 billion across the United States. In Arizona, the hit would be $23.7 billion.... Read more»

Sales of Tucson apartments surge 236 percent

Sales of Tucson apartment complexes have soared this year, largely because of California investors who are attracted to the region’s improving economy, relatively low prices and opportunities for profits, says ABI Multifamily, a Phoenix brokerage company.... Read more»

Fewer empty stores, offices in Tucson's improving economy

One of the strongest signs that metro Tucson’s economy is improving is the increased number of businesses and tenants filling up its offices, industrial space, stores and apartments. Occupancy rates for all four major commercial real estate sectors improved in the third quarter, reaching their highest levels in years.... Read more»

What the Devil won't tell you

Quick take: Putting Trump's tax losses into local perspective

By now we have heard a lot about Donald Trump's tax write-offs, but do we really understand the hypocrisy of the tax code? In Tucson, thousands suffered through major financial losses when their homes were foreclosed during the Great Recession. They actually got taxed on their losses; those at Trump's level can write off their losses against future income for years.... Read more»

The absolute best, most terrific reporting on Trump University

Trump University promised to help students get rich. Enrollees would study the wisdom of The Donald and get mentoring from other terrific businesspeople. But a class-action suit by former students and a suit brought by the New York attorney general allege that the unaccredited “school” mainly helped students part with the money in their wallets. ... Read more»

Killing the San Pedro: Arizona's last free-flowing river at risk

A colossal proposed housing development in Benson threatens to deplete the San Pedro River and the local water supply within five years of completion.... Read more»1

What the Devil won't tell you

Welcome to the Boomtown: Caterpillar deal just part of Tucson's resurgence

Caterpillar jobs pay well — the kind of well that Tucson isn't used to. After 14 months of calling BS left, right and center that has left me at times feeling like the elderly Muppet Show hecklers, I figured I would explain how Tucson's economy seems to be blossoming in its own right. Good things are afoot here.... Read more»

Census: State added 100K residents in 2015

Arizona’s population grew by nearly 100,000 in 2015, driven largely by growth in Maricopa County which saw the second-largest increase among counties in the nation, according to new Census Bureau estimates.... Read more»

Court restores claim that Yuma rejected housing plan for racial reasons

A federal appeals court Friday reinstated a developer’s lawsuit that charged Yuma city officials with rejecting a housing plan because white neighbors feared it would attract Hispanic residents.... Read more»

Phx firm sued over alleged real estate scam targeting Spanish speakers

The Arizona Attorney General’s office has filed a consumer fraud and civil racketeering lawsuit alleging a ProSolutions, a Phoenix based company preyed on Spanish-speaking families who believed they were buying or refinancing a home.... Read more»

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