Quantcast
Home / economy (page 18) /

economy

Resale housing market good for cash buyers (access required)

Theresa Mattern, a Glendale-based Realtor, listed a four bedroom single-family home for a client on a Friday in February for $95,000. Within 72 hours, she had seven offers and it sold for $109,000 cash. “At the end of the weekend it sold for $14,000 over the asking price,” Mattern says.

Read More »

Group files ballot measure for 1-cent sales tax hike (access required)

A coalition aiming to bolster K-12, higher education, state infrastructure and children’s health care funding filed a ballot measure today for a new 1-cent sales tax hike that would go into effect as soon as Proposition 100 expires in 2013.

The initiative, filed by the group Quality Education and Jobs, would direct about 80 percent of the money it raises to education, with the overwhelming majority going to K-12 schools. The tax would raise about $1 billion a year.

Read More »

Critics say ACA tax credits to businesses should be fully disclosed (access required)

Since the Arizona Commerce Authority officially launched on July 1, it has awarded $17.2 million in incentives to companies moving to or expanding in Arizona. But detailed information is available for less than half of that money.

That’s because $9.3 million has been awarded in the form of tax credits, which are defined in Arizona statute as confidential taxpayer information.

Read More »