Category Archives: Uncategorized

Update to the Phoenix market for mid summer, 2014.

If you scroll down through my posts, you’ll see that about last August, i predicted housing prices to lull in Phoenix. And that is precisely what has happened. Overall, price increases kind of stopped around then, although it comes down … Continue reading

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Continuing plunge in rental inventory.

    This one year chart of Rental absorption rate tells the story. Investors have largely quit buying homes to rent, and inventory has now dropped below the market stable 2.x months inventory. The rate of the drop has actually … Continue reading

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continued observation on Phoenix market

1. RENTALS DISAPPEARING!!  The trend I noticed in the past two posts has continued unabated, and if it continues, will soon have a dramatic effect on the Phoenix housing market.  Yesterday, we dropped under 6000 active rentals on the mls. … Continue reading

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Rentals dropping? start of a big change to Phoenix market?

Last month, I observed that listed rentals dropped from 8400 to 7900 in december, approximately. This was a bit of a surprise to me, as   as a landlord, I have always found December to be one of the hardest months to … Continue reading

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Two trends to watch, Phoenix real estate market

Listing inventory, peaked a couple months ago, and has dropped by roughly 500 since then… The end of the year is never normal, and so the question is: do we get a flood of new listings in the spring? Do … Continue reading

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