PHOENIX – The cost and aftermath of high rent is something that impacts thousands of Arizonans, and as people push for lawmakers to make moves, we are getting a personal look at this issue, through the eyes of one family. Melissa Pallares wants to eventually own a home, but for her, it is already so…
Many of Arizona’s mobile-home parks are experiencing big jumps in rent, deepening financial woes of low-income residents. The spike is tarnishing the economic views of an voters in this swing state, … [wpts_spin]{Read|See} the {entire|full} article {on|about} rental market trends in Arizona, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real…
Gabriela Rico Since the pandemic, Tucson rents have increased twice as fast as local workers’ incomes.Yet, many new neighbors who relocated to Tucson during the pandemic to work remotely remark on the affordability of the market.Paid by employers from San Francisco, Portland and Seattle, for example, the workers’ incomes are much greater than the Tucson-based…
Brendan O’Brien, author of “Homesick,” discusses his new book, and what’s he’s learned about the effects of short-term rentals in communities like Flagstaff, Arizona; Bozeman, Montana; and St. George, … [wpts_spin]{Read|See} the {entire|full} article {on|about} rental market trends in Arizona, or, read more news about {Arizona real estate investing|real estate investing in Arizona|real estate investing…
Arizona’s flat 50% discount offered to private parties that lease state trust land for agriculture strays from best practices in comparable states and should be updated, a new audit says.The discount is offered to companies that make improvements to the land they rent. But at least two other states base the amount of a discount…
St. George, Utah. Photo by DenisTangneyJr via iStockphoto Proponents of supply-side solutions to housing typically refer to high housing vacancy rates as a good thing. In theory, more vacant apartments mean more options for renters and competition between landlords for renters. But a look at vacancy rates across the country reveal a more confusing picture:…
Inflation is slowing and job growth has surged, but many Americans still feel the burden of expensive housing – fueled in part by high demand, low inventory and mortgage rates. Home prices across the U.S. rose 5.5% over the past year in December 2023 and they are projected to increase 2.8% year over year by…
Metro Phoenix renters are finally getting a break.Valley rents have stopped their heady increases and are down in most areas.Also, Arizona legislation has been introduced to give tenants more help.It’s needed after metro Phoenix led the nation with a 30% rent hike in 2021 as the area drew droves of new residents during the pandemic….
MARY LOUISE KELLY, HOST:Here’s some good news for renters – the cost of keeping a roof overhead is no longer going through the roof. After a rapid jump in recent years, rents have begun to level off around the country. In some areas, rents are even falling. NPR’s Scott Horsley reports.SCOTT HORSLEY, BYLINE: Elsa Marie…
An aerial view of Avilla Gateway by NexMetro. The Avilla communities feature cottage-style housing … [+] units that include private outdoor space and detached-home lifestyle.Photo courtesy of NexMetro. The blazing-hot pace of construction in the build-to-rent (”BTR”) segment of housing is slowing down sharply. But it is not for a lack of demand from consumers….