The gradual upward movement of Arizona’s current Real Estate market is very much like most other markets throughout the U.S. The rate of Arizona homeownership has been on an upward trajectory since 2015 when it hit a 20-year low point of 61.7%. 2016 saw a moderate rise to 61.9, and a substantial increase to 64.4%… Read More
Phoenix Real Estate Market
Gentrification: How to Identify Promising Markets
We’ve seen this happening in and around some of the older communities in the Phoenix area lately-urban renewal; small businesses incorporated into residential neighborhoods, the tearing down and rebuilding of older homes, new construction popping up on long-vacant lots, entire blocks being renovated. It’s working well in other major cities. There is controversy here however…. Read More