According to Arizona State University, rents have skyrocketed by 72% recently, partly because of a statewide housing unit shortage of over 65,000 units. The author of this article makes some fascinating points about the recent RealPage rent price fixing lawsuit trend and it’s chilling effect on future inventory counts just as the country desperately needs…
The real estate cycle is evolving rapidly in 2025. Local trends mirror national shifts. Our community is impacted by rising demand and a tight housing supply. Investors and residents alike are watching this cycle closely. To read more about the cycle, read this article. Market Trends Current market conditions show clear signs of change. Inventory…
While rent growth has been continuing to follow its typical seasonal pattern, the pricing cooldown of the current off-season has outweighed the price increases of last year’s busy season, such that year-over-year rent growth is currently negative at -0.5 percent. This marks the third consecutive winter in which seasonal discounts have been notably sharper than…
The U.S. housing market is undergoing a significant transformation. The median age of first-time homebuyers has surged to 38 years in 2024, a dramatic increase from 28 in 1991 (see here). This shift reflects growing financial barriers, including rising home prices, high mortgage rates, and limited inventory. For property managers and real estate investors, this…
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