Cooke Multifamily Team, Meet Our Brokers: Born and raised in New Jersey, Chris and Matt Roach moved to Arizona after college. Being only 21 months apart, they have always been best friends and share many of the same interests including a passion for real estate. With over 11 years of combined experience in real estate, they each have their own unique strengths and skillsets – but they have an unquestionable ability to fully understand and complement the other in a way that continually makes the other better and allows the client to achieve superior results. Their family values of honesty, integrity, and hard work have propelled them to become a trusted source for clients.
HireAHelper, the online marketplace for finding, comparing and booking moving transportation and services, today released results from a new study examining U.S. moving trends and Scottsdale wins the popularity contest. This study is a unique and nuanced view of more than 25,000 moves booked in 2020 to identify exactly where people were migrating during the COVID-19 pandemic.
How Was It Made?
HireAHelper examined the origin, destination and distance of each moving job since the official declaration of the COVID-19 pandemic on March 11, 2020. The study also compares year-over-year moving activity between 2020 and 2019 covering the period of March 11th to June 30th. Additional data sources include PEW Research and a HireAHelper user survey carried out in July 2020.
From New York to Los Angeles, American cities are known around the world for being vibrant, industrious, and constantly growing. Every year, more people are enticed into big cities by unique job opportunities, cultures, landscapes, and communities.
As populations in these cities rise, so too does the cost of living — and if a city’s minimum wage doesn’t increase fast enough to match its growth, residents can be hard-pressed to make ends meet.
This is because minimum wage and a living wage (how much you actually need to earn to get by) aren’t the same thing. The federal minimum wage in the US is $7.25 an hour, but the living wage in many U.S. cities is much higher.
States and some cities set their own minimum wages to help their citizens break even. While this makes it easier for breadwinners to put food on the table, not all states or cities take this step. Even cities and states that increase the minimum wage almost never set the threshold at the living wage.
If you work a job that pays minimum wage and you want to move to a different city, check that city’s living wage to make sure it would be feasible for you. To help you out, Move.org compiled a list of popular American cities and ranked them based on how easily someone on minimum wage could afford to pay rent there.
Buoyed by diversity, fine food, and Fortune 500 companies, Houston ranks as the 11th best city in the country and the top city in Texas, according to a consulting firm’s annual study.
“Smart, skilled, and soulful, Houston is the American city of the future,” says the study, published by Vancouver, Canada-based Resonance Consultancy Ltd., which specializes in marketing, strategy, and research for the real estate, tourism, and economic development sectors.
In last year’s study, Houston also held the No. 11 ranking.
The 2020 study praises Houston for its:
- Ethnic diversity, with more than 145 languages spoken in Houston-area homes.
- Highly regarded restaurants, rated fourth behind Los Angeles, New York City, and Chicago.
- Healthy concentration of Fortune 500 companies, representing the country’s biggest businesses. Twenty-two companies based in the Houston area are listed on this year’s Fortune 500.
- Airport connectivity (No. 7 ranking).
We are excited to present an update to our wildly popular Mid-Year 2020 Construction Pipeline Interactive Map. This report is the most comprehensive analysis of projects Recently Completed (Last 12 Months), Under Construction and Planned throughout a particular MSAs. Phoenix, Houston, Dallas-Fort Worth (DFW), San Antonio, Austin and Salt Lake City.
Click link to view: https://bit.ly/30TO8VS
The latest jobs report shows the national unemployment rate at 13.3%, which is below the peak of 14.7% during the height of the COVID-19 pandemic. To provide more context at the city level, WalletHub today released its report on the Cities Whose Unemployment Rates Are Bouncing Back Most, as a follow-up to its report on the States Whose Unemployment Claims Are Recovering the Quickest, along with accompanying videos and audio files. Even though COVID-19 cases are surging, the good news is that nine Arizona cities are among the Top 20 Cities Whose Unemployment Rates Are Bouncing Back Most.
This report uses new data from the Bureau of Labor Statistics, which recently disclosed that it erroneously didn’t count many workers on temporary layoffs as unemployed. Therefore, the real unemployment rate may be around 23 percent higher than reported, and the WalletHub report includes both the official rate and an “adjusted” rate based on this error.
Most Recovered Cities
1. Lincoln, NE
2. Washington, DC
3. Omaha, NE
4. New Haven, CT
5. Gilbert, AZ
6. Las Cruces, NM
7. Mesa, AZ
8. Chandler, AZ
9. Peoria, AZ
10. Tucson, AZ
11. Glendale, AZ
12. Tempe, AZ
13. Phoenix, AZ
14. Scottsdale, AZ
15. Albuquerque, NM
Our first of many expanded research/reporting offerings, we are happy to present an update to our wildly popular Construction Pipeline Interactive Map & Report. The Construction Pipeline Report is the most comprehensive analysis of projects Recently Completed (Last 12 Months), Under Construction and Planned throughout a particular MSA. We now provide reporting for the following MSAs:
Phoenix MSA, Texas per MSA, and Salt Lake City MSA
The Arizona facility is expected to generate more than 1,800 new full-time positions and result in approximately $600 million in new capital expenditures.
Zero-emissions facility will have the capacity to produce 35,000 Class 8 commercial semi-trucks annually, running two shifts.
Nikola Corporation (NASDAQ: NKLA), a global transportation leader in zero-emissions and infrastructure solutions, is one step closer to bringing a 1 million-square-foot manufacturing facility to Coolidge, Ariz. following an official groundbreaking ceremony on its approximate 430-acre parcel.
The ceremony included speakers from Nikola’s executive team Trevor Milton, founder and executive chairman; Mark Russell, CEO; and Mark Duchesne, global head of manufacturing. Coolidge Mayor Jon Thompson along with business leaders Chris Camacho, CEO of Greater Phoenix Economic Council; Jackob Andersen, CEO, Saint Holding; and via video, Sandra Watson, president and chief executive officer, Arizona Commerce Authority, also joined in the celebration.
Patience (and a lot of it) is beginning to pay off for City of Mesa officials. The state’s third-largest city has long had a reputation for slow, careful development, and nowhere has that deliberate process been more apparent in the East Valley than in the downtown Mesa submarket. The area has had precious little development since the Mesa Arts Center was completed in 2005. However, that trend appears to be changing and East Valley construction projects are changing that trend fast.
Currently, there are four, large-scale developments underway in downtown Mesa with a fifth, even larger development in the planning and city approval stages.
“I think from city leadership, to the elected officials, to the city staff, they’re thrilled to see the movement on these projects and others in the pipeline,” said Bill Jabjiniak, economic development director for the City of Mesa. “It’s been a long time, but these new developments are so important. It’s like building blocks to build a very active downtown core, one that is certainly in the process of redefining itself. We’re excited and expect to see great things.”
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