Rental markets in the Phoenix Metro Area have exploded in recent months. As a matter of fact this article from AZ Central states that Phoenix ranks 9th for the most unaffordable cities for renters. And Millennials seem to be bearing the greatest rent-to-income liability. Great for investors. Not so much for Renters. Saving for a… Read More
Best Cities for Real Estate Investors
Are Americans on the Move? Migration Projection 2017
Are Americans on the Move? Migration Projection 2017. The Phoenix Valley is projected by Realtor.com to be the top real estate market in the country for 2017. According to the Phoenix Business Journal census data “… Arizona, Maricopa County and metro Phoenix were all top 10 in growth.” But the Phoenix area has always enjoyed… Read More
Highest Gains in Home Prices since 2007
In March, U.S. home sellers sold their properties for an average of $30,500 more than their purchase price, a 17 percent average gain—the highest average price gain for home sellers in any month since December 2007 at the onset of the Great Recession. These data are from RealtyTrac®’s March and Q1 2016 U.S. Home Sales… Read More