The real estate market in Arizona is experiencing strong growth and demand, particularly in urban centers such as Phoenix and Tucson. The market is driven by a growing economy, population growth, and a desirable quality of life, which has resulted in low vacancy rates and increasing rental rates for multifamily and single-family properties.
Based on 85% of the capital invested in Arizona multifamily assets originating from out of state and a 70% Avg $/Unit increase due to this extra activity, Arizona is a good market to invest in. To get this information in a one-page summary, click here.