
‘It was perfected here in Arizona’: Phoenix ranks first in US for new build-to-rent homes
PHOENIX — More homes were built to lease in Phoenix than anywhere else in the United States.According to a report from Northmarq, Phoenix saw nearly 6,000 of these homes constructed in 2022, beating out Dallas, Houston, Orlando, and Atlanta.Experts like ASU’s Mark Stapp aren’t surprised.“Not at all. The product type started here in Arizona. It…