Many Valley residents have been snapping up newly constructed homes this year; 1,021 new single-family homes were sold in the Phoenix area during October, an 85 percent increase from the same month last year. Read more» 
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Arizona's economy could fully recover in three years as long as the so-called fiscal cliff doesn't kick the nation back into recession, a panel of experts said at an economic forecast luncheon. Experts predict Arizona will see more jobs being created, more single-family homes being built and higher retail sales. Read more»
Arizona's economy would benefit if elected officials followed the lead of states including Utah and New Mexico that have established government-supported programs promoting venture capital investment, two business groups contend.
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The fate of a ballot measure intended to stabilize trust land payouts to K-12 education in Arizona remained too close to call Tuesday night. Read more»
Voters on Tuesday approved a ballot measure to limit increases in property valuations that determine how much property taxes people pay. Read more» 3
The Industrial Commission of Arizona recently announced a 15-cent-per-hour increase in the state’s minimum wage, to $7.80. Minimum-wage workers in Arizona will get a modest raise Jan. 1, under a law voters approved in 2006. Read more» 1
A positive vote on Proposition 118 would assure a stable stream of funding for K-12 schools and a dozen other beneficiaries in Arizona. State Treasurer Doug Ducey says the current formula for calculating payments from the state land trust is problematic, and thus in need of change. Read more»
Brisk demand and limited supply are helping to boost home prices in Arizona. For all of Arizona, the median price of a single-family home sold in August was $155,000, up from $116,050 in August 2011. Read more»
The city of Peoria has committed $5.5 million to an effort to create a bioscience incubator offering up initial funding, mentoring, free office space and access to laboratories. Read more»
For many beer aficionados, nothing beats the freshness and flavor of a microbrew straight from the tap. Many drive miles to brewpubs to fill up glass bottles with their favorites. Under a new law, they now can fill those growlers at bars or retailers that have microbrews on tap. Read more»
