Third Quarter’s Handful of Weak Demand Performers: Phoenix
In part one of his examination of apartment markets with weak demand performance during Q3 2011, Greg Willett looks at Phoenix.
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Three Overachieving Apartment Markets from 2011′s First Half
Greg Willett and Jay Parsons look at three apartment markets that have significantly outperformed expectations so far in 2011.
Phoenix Apartment Market is One of the Nation’s Big Comeback Stories
Jay Parsons explains why Phoenix has been one the nation’s big comeback stories of 2011′s first half. No longer is growth limited to Phoenix’s upper-tier eastern suburbs.
Shadow Market Rentals Have Gained Traction Again in Select Areas
Competition from single-family homes and condos didn’t seem to dampen U. S. apartment market demand during most of 2009 and the first half of 2010. More recently, it looks like shadow market rental product has seen its popularity rise again in specific metros.
Among the Hardest-Hit Bubble Markets, Phoenix Emerges as First to Record Significant Recovery
Among the hardest-hit bubble markets, Phoenix is emerging as the first to record significant recovery.
The (Long) Road to Recovery Begins for the Nation's Hardest-Hit Markets
The U.S. apartment sector enjoyed such a strong year in 2010 that even the nation’s hardest-hit markets began shifting into recovery mode.
Phoenix's East Side Continues to Outperform Metro Norms
Phoenix’s apartment market, as a whole, remains in very weak shape as of fall 2010.
The Winning Streak Continues for U.S. Apartments in Third Quarter
The recovery of the nation’s apartment market continued at full steam in the 3rd quarter of 2010, according to preliminary data from MPF Research.
Party in the Desert
Where in the world would an occupancy rate of just 88.5 percent be considered wonderful news? Only in Phoenix. Why? Well, when occupancy climbs for the first time in 15 quarters, that’s a permissible cause to celebrate.