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Good News for Phoenix Real Estate
Phoenix ranks # 7 out of top 100 places in nation to Buy a Rental PropertyPhoenix’s housing market has created a good place to invest in rental property, according to a recent survey ranking the top 100 cities for such properties in the United States. HomeVestors of America Inc., and Local Market Monitor, ranked Phoenix as the seventh-best market for investing in rental properties. The study found markets that suffered severe hits in the housing crash have become the best rental markets.Phoenix, got good marks for keeping rents relatively stable, with the drop in home prices and the fact that jobs seem to be growing again. Carefully considered investment rentals can be a great long term wealth building strategy. Our team would be happy to review trends, and projected vacancy rates for you, to pinpoint the most profitable neighborhoods.Good news for investors and homeowners alike!Let us know if you'd like more specifics.
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