Explosion Causes Fatal Fire at Hillsboro Auto Repair Shop

TL/DR - An explosion at Jimbo's Auto Repair in Hillsboro resulted in a massive fire, leading to the deaths of three people. The fire broke out around 4 p.m. and one person was transported from the scene to the hospital in stable condition. Eight fire departments responded to help contain the fire, the cause of which is still under investigation…

IRS commissioner anticipates increased enforcement hiring soon

TL/DR - The US Internal Revenue Service (IRS) is using its nearly $60bn Inflation Reduction Act funds to rebuild its workforce and modernize IT systems. The agency aims to hire around 20,000 employees by the end of 2024 and is focusing on increasing its enforcement ranks. The IRS also expects to improve its capacity by introducing long-overdue…

Tempe’s Parc Broadway Sold for $100M

TL/DR - The 324-unit apartment complex Parc Broadway in Tempe, Arizona, has been sold for $100 million. The property, sold by Evergreen Devco, Inc., was purchased by MG Properties. The multifamily development was the first mid-rise asset constructed in North Tempe’s Maker District and features a range of community amenities. Tempe's Parc…

Top 10 Luxury Cary Homes Sold: A $630K Average Price Overview

TL/DR - The most expensive residential real estate sale in Cary in the past week was a house that sold for $1.8 million. A total of 19 residential real estate sales were recorded in the area during the past week, with an average price of $629,132. The median price per square foot for a home in Cary increased to $258 in the past week, which is the…