January 2025
Letter From The Editor
Happy New Year from all of us at Arizona Ascent! With January marking the start of a new chapter, it’s the perfect time to explore the latest trends and opportunities shaping our state.
First, we’re taking a closer look at where the money is flowing in Arizona’s real estate market. Recent data from Cromford Public sheds light on residential real estate volumes across Maricopa and Pinal Counties from November 2023 to November 2024. The market is shifting, and we’re here to help you understand what it means for your investments in the year ahead.
Show Low is making waves as an emerging economic hotspot. Steve North, Economic Development Director, gives us an inside look at the town’s exciting transformation—from new sports centers to entrepreneurial incubators—Show Low is growing fast, and opportunities abound for businesses and residents alike.
Tax season is also upon us. 2024 has changed tax laws, including increased standard deductions and inflation-adjusted tax brackets. If you’re itemizing, we’ve got you covered with a rundown of standard deductions to keep in mind.
We celebrate Honor Flight Arizona’s incredible work, which has helped over 3,000 veterans experience all-expenses-paid trips to Washington, D.C., to visit memorials that honor their service. We highlight the Arizona Italian American Chamber of Commerce, which has grown into a valuable resource for Italian-American businesses, offering networking opportunities and expert guidance on market entry in just four years
Jaki Underwood, Editor-in-Chief
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Featured Article
Show Low’s Big Leap: How a Small Town is Shaping a Bold Future
Sitting at an elevation of 6,400 feet, Show Low has long been a getaway for outdoor enthusiasts, bringing visitors to the area for its outdoor recreational opportunities. However, to build a future that does not solely depend on tourism, the city has a strategic vision defined by economic diversification, innovation, and community growth.