The inventory of available Flagstaff homes for sale plunged over 10% from the first of September to the first of October. It’s not uncommon for listing counts to drop after Labor Day. In Flagstaff, with numbers of homes for sale already low, buyers in the lower price ranges are facing sellers’ market conditions just as they are trying to lock in record low interest rates by buying now. These numbers are for single-family homes. (I’ll take a look at the Flagstaff townhome and … [Read more...] about September Strong Month for Real Estate
Business
Remaining Confident through Market Turbulence
A volatile and unpredictable stock market has brought renewed attention to the likelihood of the United States economic recovery. A combination of the European sovereign debt crisis, S&P’s downgrade of the U.S. credit rating to AA+ and the U.S. Congressional Budget Office’s mid-year projection of modest 2.3 percent GDP growth for 2011 are believed to be behind recent financial markets’ turbulence. Local investors and business owners shared their analysis and reactions to the past month of … [Read more...] about Remaining Confident through Market Turbulence
Purina Unveiling Solar Array in Flagstaff
Flagstaff's Nestlé Purina PetCare facility unveiled a 427 kilowatt solar array today, atop the Eastside manufacturing facility. Plant Manager Bill Calloway tells Flagstaff Business News the solar photovoltaic electric system is the largest project of its kind to be installed in a private enterprise in Northern Arizona. The 1,900 panels will leverage the region's 300 days of sunshine each year. The solar project marks collaboration between Nestlé Purina PetCare, Arizona Public Service … [Read more...] about Purina Unveiling Solar Array in Flagstaff
Exporting Key to Region’s Economic Improvement
One way to strengthen Northern Arizona's economy is to look to international markets. That's where Export University comes in. Held last month in Flagstaff, Export University was a day-long training with government and industry extolling the benefits of international expansion. It's like learning to ride a bike, says Andy Kruse, who is passionate about exporting. He cofounded Southwest Windpower in the mid-1980s and exports to countries around the world. "At first, it is difficult, but once … [Read more...] about Exporting Key to Region’s Economic Improvement
Cottonwood Company Expanding to Meet Demand
LaserLyte, the leader in laser technology for the shooting and hunting industry, has finalized a company-wide move from a 4,000 square foot facility to a new office and facility with over 11,000 square feet. The move has been prompted by LaserLyte’s rapid growth in the consumer shooting sports and hunting markets requiring expanded space for prototyping, engineering, marketing, production, warehousing and fulfillment of LaserLyte’s popular firearm lasers. The move also allows for additional … [Read more...] about Cottonwood Company Expanding to Meet Demand
Wells Fargo Saluting AZ Teacher of the Year
Wells Fargo is honoring Arizona’s Teacher of the Year on its ATMs across the state. From now until January 3, 2012 most of Wells Fargo’s 548 ATMs in Arizona will feature a screen congratulating 2011 Teacher of the Year Amanda McAdams. Wells Fargo’s ATM users also can learn more about McAdams teaching achievements by simply pressing a button on the screen. “At Wells Fargo, we believe it’s important to celebrate great teachers who encourage, support and inspire great results from … [Read more...] about Wells Fargo Saluting AZ Teacher of the Year
Many Arizona Stocks Out-Performing the Dow
Shares of publicly traded Arizona companies had their ups and downs through last month’s stock market plunge. Yet, most Arizona companies’ year-to-date (YTD) stock prices out-performed the Dow Jones Industrial Average. The graph below/to the right/to the left compares the YTD performance of local companies’ shares to the Dow YTD performance. Arizona-based, publicly traded companies that have operations in Northern Arizona include: Arizona Public Service (APS), subsidiary of Pinnacle West … [Read more...] about Many Arizona Stocks Out-Performing the Dow
Bank of America Hiring Small Business Bankers in AZ
Bank of America is announcing the hiring of 29 small business bankers across the state of Arizona to provide guidance and counsel to local small business owners. One of the bankers is Janet Monette, who will work out of the downtown Flagstaff branch at 125 E. Birch Avenue. The additional bankers are part of the company's previously announced plan to hire approximately 1,000 new small business bankers throughout the U.S. Through a relationship with a Bank of America small business … [Read more...] about Bank of America Hiring Small Business Bankers in AZ
Arizona’s Car Sales Second Strongest in U.S.
Phoenix is the second hottest U.S. Market for new car sales, following Atlanta, Georgia. The information was released today by Edmunds.com, the premier online resource for automotive information. An Edmunds.com analysis of automotive registration data reveals that new retail car registrations in the Atlanta metropolitan area were 24 percent higher in the first half of 2011, compared to the same period in 2010. The analysis also shows that Atlanta’s registration figures are consistent with … [Read more...] about Arizona’s Car Sales Second Strongest in U.S.
Entrepreneurs Choosing Mobile Platforms
In Flagstaff's restaurant scene, there are new faces on the block, and some of those new faces are changing their blocks from week to week. They're joining some of the seasoned favorites, like the Hot Dog Guy, whose colorful umbrella is as much a part of downtown Flagstaff as the tables at Late for the Train coffeehouse. And there’s Big John's Texas BBQ at 1740 E. Route 66, where many return customers enjoy the smoky flavored pulled pork, brisket, ribs and cowboy beans. "I love it," said Big … [Read more...] about Entrepreneurs Choosing Mobile Platforms