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Keyword: rent

Eviction filings soar in Phoenix metro as rent dips

4/13/2024
Maricopa County eviction filings jumped by 21% in 2023 — the fastest pace on record, according to Maricopa County Justice Courts. It’s a trend that began as the economy emerged from …

Apartments coming with perks as supply improves

3/25/2024
Some Valley renters in multifamily units have moved up in their quality of living thanks to recent perks from developers and a flood of new units expected during the next 18 months. About 30,000 …

CBRE secures $35.25M loan for construction of …

2/8/2024
Commercial real estate firm CBRE has secured a $35.25 million construction loan for Bella Olivia, a 112-unit build-to-rent community in Peoria.

Renters may catch break with more units on horizon

2/2/2024
Relief for renters may be on the horizon as 30,000 multifamily units are expected to be completed during the next six quarters in metro Phoenix, said Tom Brophy, a housing analyst at Colliers. …

Governor’s announced special housing funding covers …

2/2/2024
Arizona Gov. Katie Hobbs recently announced $89 million for “new affordable housing and homeless response.” One Chandler housing project, the 157-unit Villas on McQueen, is getting …

Despite a flat price housing market, buying outweighs …

11/29/2023
Those people who have recently bought into the Valley’s housing market may have a wait before they start to build up equity in their purchase as the region’s uptick has mostly flatlined, …

Metro Phoenix experiences lull in rental rates

10/3/2023
Rental projects have spouted across the Valley this decade and are, for the moment, causing the price of rental properties in Maricopa County to drop. Maricopa Association of Governments indicates an overall median rent of $1,550 a month in Maricopa County.

Inflation eases with Valley apartment rents

7/18/2023
Apartment rents are shrinking slightly in the Phoenix market after prices swelled during 2022, according to Thomas Brophy, a housing analyst with Colliers in Phoenix. Average rents for …

Phoenix rent dips for single-family homes

5/18/2023
Now may be a better time than in recent months to go after a single-family rental after a recent CoreLogic report said the annual single-family rent growth dipped for Phoenix in March. The …

Expert: Not enough affordable apartments being built …

5/1/2023
Affordable apartments aren’t being added in enough numbers to the Phoenix landscape to help fix the local housing crunch

Scottsdale developer breaks ground on Peoria …

4/13/2023
Scottsdale-based developer Empire Group of Companies recently broke ground and construction is now underway on its latest build-for-rent community in Peoria.

Report: Glendale has Valley’s cheapest apartment …

9/27/2022
Good news, bad news when it comes to apartment rents in Glendale.