Metro Phoenix’s Booming Build-to-Rent Market Adding 10K Units

By Angela Gonzales | Phoenix Business Journal The burgeoning build-to-rent sector has about 9,500 units under construction in metro Phoenix, adding to existing inventory of about 8,700 units, according to a report released by Northmarq. “We’ll be seeing the local inventory of single-family build-to-rent units doubling in the next 18 to 24 months,” Peter O’Neil, research director …

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Report: Arizona Housing Deficit Up 1,377% in 10 Years

By Angela Gonzales | Phoenix Business Journal Arizona’s housing deficit has increased 1,377% since 2012 — representing 122,683 homes — according to a report by Washington, D.C.-based Up for Growth. The report — which ranks Arizona eighth in the nation in terms of the severity of its housing deficit — calls for a need to …

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