20 applicants competed for each Phoenix apartment in 2021
2021 was a highly competitive year for renters in many areas as they faced a perfect storm: high demand, low Phoenix apartment availability and applicants with top-notch credit scores. In…

2021 was a highly competitive year for renters in many areas as they faced a perfect storm: high demand, low Phoenix apartment availability and applicants with top-notch credit scores. In…
According to the final 2021 monthly report on the multifamily industry from Yardi Matrix, national average asking rents rose 13.5 percent year-over-year between 2020 and 2021. In December, average asking rents increased…
Colder weather may be settling in, but new housing data suggests the winter market is heating up, as looming mortgage rate hikes motivate more buyers to search for a home…
DAUM Commercial Real Estate Services has completed the sale of a fully leased industrial asset comprising four buildings totaling 110,679 square feet in the Deer Valley submarket of Phoenix, Arizona.…
Mutual respect and perseverance between all parties led to an off-market industrial land deal. The Deer Valley submarket is one of the hottest spots in the Phoenix Scottsdale Metropolitan Statistical…
Luxury homes are selling at incredible prices all over the country. The latest Case-Shiller Home Price Index shows a 19% year-over-year jump in the 20 cities measured (including Phoenix), representing …
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., announced the $150,000,000 / $257,732 Per Unit Per SF sale of Sierra Ranch Apartments, a 582-unit…
S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for October 2021 show that…
Rental prices in the Phoenix metro, like home prices, are skyrocketing- making it challenging for people to find housing across the board. Parallel with the housing market — there are…
The Land Agency, an Arizona-based land brokerage firm, announced today the successful closing of +/- 2,550 acres located at Patterson Road and US Old 80, Maricopa County, Arizona. The property…
The median home sale price rose 14.6% year over year to a new all-time high of $361,171 during the four-week period ending December 26, according to a new report from Redfin (redfin.com), the technology-powered real…
The Mark, an off-campus student housing community at 1115 E. Lemon St. in Tempe, has been sold to a San Francisco-based investor for $36,100,000.00. The property, which is located along…