Entries by admingpci

GPCI Multifamily and Land Development has tips on investing in real estate

GPCI Multifamily and Land Development is a paid advertiser of Sonoran Living. Learn More about Apartment Investing with Terry Kass of GPCI Multifamily and Land Development If you want to learn more about investing in small to mid-sized Arizona apartment complexes, Terry Kass is the Scottsdale-based real estate specialist you’ll want to call. Throughout Terry’s […]

The good, bad and ugly of renting in America today

A lot has changed in the last 30 years for renters – some for the better and some still leaving much to be desired. The Joint Center for Housing Studies of Harvard University released its 30th anniversary State of the Nation’s Housing report this year and it provides an opportunity to reflect on how housing market conditions […]

Phoenix Apartment Market Bumps its Rent Growth in Q3

The nation’s apartment market saw a reversal in rent growth trends in 3rd quarter 2018, as previously slowing price positioning suddenly rose again. While nearly all top 50 markets picked up some momentum in recent months, a handful progressed at an especially solid pace, according to RealPage, the leading global provider of software and data analytics to the […]

Apartment Rentals Now Make Up a Larger Share of New Housing Units in the U.S. Than They Have in Decades

Apartment rentals have been luring residents away from other kinds of housing since the housing crash—and that is not likely to change in the foreseeable future. “Apartments should continue to play a role in the total housing market that goes beyond the historical norm,” says Greg Willett, chief economist for Real Page Inc., a property […]

221K people relocated to Metro Phoenix from 2012-2017

With the middle-class squeezed by the rising cost of living, particularly housing costs, many average-earners find it an onerous endeavor to create a decent life for themselves and their families. Living in a big metro like New York or Los Angeles may come with a high income and more opportunities, but the cost of housing […]

Valley home prices still on rise; outpace national average in August

Valley home prices continued their rise during the summer, easily outpacing national averages in August, according to the latest CoreLogic price report. The region saw a 7.43 percent price increase compared with August 2017, pushing the region into an “overvalued” ranking from CoreLogic. Despite the increasing prices, home values still are roughly 11 percent below […]