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Buyers Are Turning to Risky Adjustable-Rate Mortgages as Housing Prices Rise

Pro Builder

“When ARMs first came out, one of the huge advantages of getting one was that your rate could go down,” says Rocke Andrews, a mortgage broker with Lending Arizona in Tucson. But mortgage rates are largely forecast to keep rising, so that will likely be seen in their monthly payments down the line.

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4 Key Factors of the 2022 Housing Market

Pro Builder

Dr. Lawrence Yun, National Association of Realtors (NAR) chief economist, forecasts the 30-year fixed mortgage rate to increase to 3.5% NAR’s top 10 hidden gem cities include places like Dallas-Fort Worth, Huntsville, Knoxville and Tucson, which are expected to experience stronger price appreciation relative to other markets in 2022.

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FEATURE STORY: High-Tech Hubs Are Moving To Their Markets

Buisness Facilities Contributed Content

Some of the locations already are well-known for developing the next generation of technologies, such as Austin, home to Dell, Apple, Facebook and Google, and Tucson, with its hotbed of solar technology innovation. Tucson is the Sun King. Tucson has been identified as one of thirteen Solar America Cities by the U.S.

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FEATURE STORY: Workforce Development Programs – The Recipe For Success

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Leveraging those funds, LED FastStart and the University of New Orleans are partnering on a software development apprentice program that the university forecasts will increase its computer science program with continual curriculum input from GE Capital—from fewer than 300 students to 600 students. Tucson Regional Economic Opportunities, Inc.

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Industry Focus: Logistics – Going With The Flow

Buisness Facilities Contributed Content

Labor Department forecasts that truck drivers will account for 43 percent of the growth in logistics jobs in the coming years. The 24th Annual State of Logistics Report predicts a continuing plague of overcapacity and rate problems for ocean carriers due to optimistic economic forecasts that led to companies expanding their fleets.