Archive for Phoenix Market Views

A Look At The Small Multifamily Market In Metro Phoenix

(Graph by: PhoenixMarketTrends)
We’re currently revamping Arizona Apartment Investor into a new design, actually it’s been in the works for a while: until it’s completed shortly some updates will be located at PhoenixMarketTrends.com, like the most current look at the triplex and fourplex market in Greater Phoenix.  I chose only [...]

From High Returns to Moving Neighbors to a Lack of Properties.

The Phoenix real estate market seems, to many, to be a bargain basement store where the owners of the store have no sense or are giving things away.  It’s not.  And, that is what cover in the article, 15% Return Cash on Cash On Phoenix Real Estate.  High returns are possible, but [...]

The Current and Coming Window of Opportunity for Multifamily Investors.

Investors in small multifamily properties, 2-4 units, have a window of opportunity now and for at lease another 6-12 months.  Prices are very attractive and there are many options where cash flow can be substantial.
What is difficult is financing.  You need that 20-25% down plus healthy reserves and very solid credit, plus not more then [...]

Welcome To 2009: A pivotal year.

It’s a new year, 2009. 
I truly believe that all of us have it good in this time in this place.  We all go through our own individual lives with the good and the bad but, as a society, as as beings we have never had it so good. 
A hundred years ago the simplest [...]

December Greater Phoenix Small Multifamily Sales Update

Sales of small multifamily properties are on the rise especially over last year.  23 sales may not seem like much but it’s 65% higher then last year.  Still the prices are down significantly.  This is mostly due to the abundance of foreclosed and pre-foreclosure properties that have sold or are for sale. 
The first chart shows [...]

Multifamily Investment Sales Update | September 2008

 24 multifamily properties sold in September in Greater Phoenix.  This is data from the ARMLS.  It does not include large properties: it’s mostly 2-10 unit properties.   The graph dispalys 20 becasue there were a few last minute closes after the graph was generated.  The previous numbers are correct. 
Of the 24 sales, 5 were normal:  that [...]

Getting ready for the Phoenix Light Rail.

The opening of the first section of the Greater Phoenix light rail is just around the corner, Dec. 27th 2008 to be exact.  Just a few years ago this areas was a wasteland of offices and and suburbanites who disappeared at the sun went down to their distant sleeper communities.  It’s quite different now.  The [...]

Investing along the Phoenix light rail.

The Phoenix Light rail, which will go through Phoenix, Tempe and Mesa, start up is just around the corner.  Before years end on December 27th 2008, it will roll through 3 major cities, through areas with increasing populations and lots of development and redevelopment.

I think this will be a turning point for Greater Phoenix.  I [...]