Real Estate AZ

Article originally posted on HERE on March 15, 2024 Phoenix added 195,000 people between 2020 and 2023, according to new estimates from the Census Bureau released Thursday. The big picture: The influx of newcomers represented a 4% population increase. That’s compared with a 1% increase nationwide. Why it … [Read more...] about Phoenix’s Population has Grown by Nearly 200K Since 2020

The Phoenix Metro region started 2024 with the most industrial space under construction, two reports show. And while one study, by Transwestern Real Estate Services, warns that “it might take a while for the market to catch up and that will translate to some volatility for industrial fundamentals” in the short-term, … [Read more...] about Valley Leads Nation in Industrial Project Construction

Phoenix leads the country in industrial construction in early 2024, usurping the Dallas-Fort Worth region as the nation’s construction hot spot, a throne it has held since 2016. Both markets are contending with record supply additions over the past few years as renewed focus on domestic supply chains spurs development for … [Read more...] about Phoenix Leapfrogs Dallas as US Leader for Industrial Construction

As demand for industrial space pulls back nationally, Phoenix and the Dallas-Fort Worth region stand out as leaders for change in occupied space over the past year. Both markets report rising change in occupied industrial space at or near 3%, the highest rate among the top 20 markets in the country. Leading demographics and … [Read more...] about Phoenix and Dallas-Fort Worth Lead 20 Largest Industrial Markets in Demand

  Article originally posted on AZ Central on November 21, 2023 Metro Phoenix is expected to be one of the hottest U.S. real estate markets in 2024, according to a national survey. The Phoenix area ranked No. 2 on a list of the top U.S. areas to watch for growth, commercial real estate development and investment … [Read more...] about Metro Phoenix a Top Market to Watch for Growth & Real Estate Investment in 2024

Phoenix is once again one of the hottest real estate markets in the U.S. as the region continues to attract new residents by the masses, according to a new Urban Land Institute study released this week. This year, Phoenix was ranked the second top market to watch for overall real estate prospects in 2024 — behind Nashville and … [Read more...] about Phoenix Second-Hottest Market for Real Estate in 2024

With many people around the country still recovering from the financial hardships of the pandemic, affordability has never been more important. In fact, according to a report from Compare the Market, internet searches for cost-effective places to live have risen by over 100% in the past 12 months. The Australian consumer … [Read more...] about Phoenix is one of the most cost-effective cities in the world

Following several years of rapid growth, the single-family build-to-rent sector is expected to record an uneven performance in 2023, according to Northmarq's Single-Family Build-to-Rent Special Report, which highlights the sectors mixed conditions after significant momentum during the past few years. The news is good in Metro … [Read more...] about Phoenix is No. 1 for new single-family build-to-rent development