How Good Is The Phoenix Housing Market For Investors

How Good Is The Phoenix Housing Market For Investors

Buying homes in metro Phoenix isn't the deal for investors it was a few years ago before home prices rebounded 70 percent.But the Valley still ranked No. 28 out of the U.S.'s 75 largest metro areas for buying an investment home, according to a new All Property Management survey.FRIDAY'S NEWS: Uptown Plaza gets updateGrand Rapids, Mich. is the national property management firm's top pick for investment markets. Poughkeepsie, N.Y., is second, and San Francisco ranks third.The ranking is based on vacancy rates, changes in rents, appreciation, job growth and a few other housing and economic indicators.Metro Phoenix, which is in the top 40 percent nationally, ranks as the third best investment market in the Southwest, after Dallas and Albuquerque.All Property Management's market intelligence on the Valley: "Phoenix, while not offering the best home value appreciation among the 75 Metropolitan Statistical Areas, does quite well in the areas of rental variance, job growth and average days on market."Rental variance, the change in rental prices year over year, increased in Phoenix by 3.45 percent.According to the report, the Valley also saw job growth over the past year of about 2.11 percent. And the area's overall housing market is seeing activity, as properties are taking only 65 days to sell on average, All Property reported.The company is a Seattle-based online network of property management services.


Hud and Carrie Rhodes Headshot
Author:
Phone: 480-717-2346
Dated: October 7th 2014
Views: 956
About Hud and Carrie: Carrie and I are high school sweethearts, that have been married since 1990. We both graduated from...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

How To Get Top Dollar In A Sellers Market - Home sales (and values) have been
Arizona Home Buyers Beware All You Need Is ONE - In the world of HGTV and Pinterest
Home Prices Rise In Maricopa County Approaching Previous High - PHOENIX — A recent report shows
Heat Has Already Killed 2 People In AZ In 2017 - Two people have already died from

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

EZAZHomes.com
2168 E. Williams Field Rd. STE 240
Gilbert, AZ
480-771-9526
844-269-8596