As Metro Phoenix home prices rise, so does the number forced to rent
With Metro Phoenix home prices now soaring to record levels, more people are being forced to rent houses, condos and apartments.
Source: azbigmedia.com
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As home prices rise, so does number of people forced to rent
Rents in Maricopa County had been steadily climbing even before the start of the pandemic in March 2020. With home prices now soaring to record levels, more people are being forced to rent houses, condos and apartments, which adds more upward pressure on rents.
Source: abc15.com
Renting a house: Homes and apartments are in high demand but still pricey
Rising home prices in the Phoenix area are driving more people to rent rather than buy, and renters are worried that they won’t be able to keep pace with increasing rents.
Source: azpbs.org