Arizona Rental Market Report 2024: Rising Rents, Increasing Vacancies, and Shifting Tenant Demand
Arizona’s rental market sees rising rents, higher vacancies, and strong demand amid shifting tenant preferences and economic growth.
Arizona’s rental market sees rising rents, higher vacancies, and strong demand amid shifting tenant preferences and economic growth.
Jesse Fisher is a professional known for insights on economic trends impacting Arizona real estate investment strategies.
Silver prices are expected to be highly influenced this week by the Federal Reserve’s upcoming decision regarding inflation. Market participants are watching closely for new data and commentary from the Fed, with the core PCE index likely to play a pivotal role in shaping expectations. If inflation remains persistent, it could prompt the Fed to…
A recent review of Tempe’s housing market has revealed the city’s most expensive homes currently for sale, with properties on the list featuring luxurious amenities and premier locations. The priciest listing is a lakeside estate on East La Vieve Lane, currently offered for just under $5 million. Other standout properties include a newly built custom…
A recent report highlights the ongoing housing affordability crisis in Arizona, where rapid population growth and limited housing supply continue to push home prices higher. The Arizona Housing Coalition found that many low- and moderate-income residents are increasingly priced out of the market, especially in areas like Maricopa County. Despite an increase in new construction…
Arizona’s 2024 real estate shows steady prices, rising inventory, slower sales, and strong rental demand amid high rates and shifting buyer trends.
Mortgage interest rates have recently dropped to their lowest point in three years, offering potential homebuyers and refinancers an unexpected opportunity. This decline comes as the Federal Reserve’s policies and concerns around slowing economic growth have impacted borrowing costs. For those looking to lock in a mortgage, experts advise acting quickly before rates rise again,…
Arizona real estate investors gain an edge by adopting AI, blockchain, and proptech innovations shaping search, management, fraud detection, and financing.
**Federal Reserve Warns of Prolonged Inflation** According to a recent study by the Federal Reserve Bank of Cleveland, high inflation rates may linger for more than seven years following the COVID-19 pandemic. The report points out that inflation, which began accelerating in 2021 due to supply chain disruptions and increased consumer demand, might not return…
Mortgage rates remained relatively stable to start the week, with the average 30-year fixed mortgage rate hovering near 7%. This steadiness comes despite recent fluctuations in the bond market and growing anticipation around upcoming inflation data. As the Federal Reserve continues its efforts to bring inflation under control, homebuyers are navigating a market where affordability…