Phoenix and Tucson Rental Market Conditions - Q3 2023 Lots going on in the world and so, as always, real estate is responding in kind and so must we. Overall, while the market is still healthy, it is important to realize the updrafts from the market are coming to a close. Therefore, fortifying our current levels as much as possible through improved leasing...
Read MoreWill Tenants Not Make Rent? Rental Housing Market Update for August 2020 In order to predict how much rent collection may be affected, we will cover the following subjects: HEALS Act stimulus bill, tenant mentality towards paying the rent, landlords’ ability to enforce the lease, local market re-openings, unemployment levels and benefits, and...
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Rental Housing Market June: It’s Looking Good (For Most) Where does the rental market stand in June? It seems there’s positivity in the market overall but does that translate to the housing market? Will housing crash or will it stabilize and eventually grow? This is important to know if you’re looking to buy, sell or flip your property. Also...
Read MoreHousing Market Holds Steady: Why It Hasn’t Collapsed. It seemed the real estate market would tank along with the stock market. However, the fundamentals of the real estate market are far more solid than they were in 2008. Here’s the key fundamentals that have kept afloat so far. For more in depth explanations of the following, please...
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New EIDL Grant and PPP Funding There’s a new Stimulus bill doubling the amount of EIDL Grants available to $10 billion. IThis bill is adding an additional $310 billion dollars to, essentially, the Cares Act. Of that, specifically $60 billion is going directly to small banks to recapitalize the PayCheck Protection Program (PPP). SBA - Eligible...
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Coronavirus and Real Estate How might the corona virus affect real estate specifically? It has definitely affected the stock market and the chances of a recession on Wall Street seem possible, but does that translate to real estate? The outbreak of the virus has shown that supply chains, retail, travel, and even lending are very susceptible to our current...
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