Phoenix No. 1 in nation for growth in home values and rent

The Phoenix residential real estate market is booming, recording the highest annual growth in both home values (17.1%) and typical rent (8.4%) among the nation’s largest metros, according to¬†Zillow’s latest market report. Extreme demand driven by exceptionally low mortgage rates, demographic pressures and pandemic trends kept the housing market boiling as we moved into 2021, according to¬†Zillow. READ MORE: 5 Arizona housing market predictions for 2021 READ MORE: 5 hottest real estate markets in Arizona … Continue reading Phoenix No. 1 in nation for growth in home values and rent