Tax relief extension for drought-stricken farmers

Drought is a major problem in the United States with detrimental impact in all sorts of ways. Not the least of which has been its impact on farmers. Farmers have an economic and business model unique from most other businesses resulting in special IRS rules in the taxation of their income to help keep them …

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Vacancy rate for greater Phoenix industrial market decreases in 2015

Fourth quarter 2015 stats bode well for industrial properties in Greater Phoenix Absorption 1.4 million square feet of space was absorbed in the fourth quarter of 2015 (Q4) which impressively was the 23rd consecutive quarter of positive absorption in the Greater Phoenix industrial market.  Net positive absorption for industrial space in 2015 was almost 8.5 …

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Market Perspective

The markets have been extremely volatile in the past few weeks. We saw sharp declines in the markets in the beginning of last week only to turn around and end the week with a slight increase in the S&P 500 and Nasdaq indices and a slight decline in the Dow Jones Industrial Average. The S&P …

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Sales of New Homes in Metro Phoenix Surge in July

Many economists believe this year’s surge in homebuilding is beginning to look more and more like a real recovery of the Valley’s new-home market. New Home Permits Issued in July 2015 are 55% Higher than Prior Year The Phoenix Housing Market Letter published by RL Brown and Greg Burger reports that: New home sales were …

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