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Phoenix Multifamily Market: Surging Demand

Phoenix Multifamily Market: Surging Demand

1️⃣ Rent Growth: 2.0%(core) → 2.5%(value-add) Slight rent recovery as job growth and migration stabilize after recent cooling. 2️⃣ IRR Target: 8.50–9.50% → 10.00–11.50% Sharply higher returns show strong value-add upside as pricing resets. 3️⃣ Going-in Cap Rate:...
What Signals Phoenix As A Hot Seller’s Market in 2026?

What Signals Phoenix As A Hot Seller’s Market in 2026?

Phoenix homes spend 66–71 days on market, median price $408,000, inventory 3.2 months. Strong buyer migration out of colder states keeps Phoenix in demand. Although inventory is rising, sellers can still count on solid pricing by 2026. Phoenix remains a Sunbelt...
Is Year-Round Building Boosting Arizona Growth?

Is Year-Round Building Boosting Arizona Growth?

Arizona ranks sixth nationally for total new housing permits. Population growth and migration from other states drive construction demand. Sun Belt climate allows year-round building, increasing housing availability. Job growth and urban expansion encourage...