Real Estate Investing in Phoenix – Apartment Real Estate Broker

Overview of Phoenix Real Estate Apartment Investment

The Phoenix real estate market continues to experience explosive growth with real estate investments ready to be seized. Investment in Phoenix real estate is no longer focused only on retirement homes and condos. Rental property investment opportunities abound.

Phoenix real estate is predicted to be in high demand for 2018. This is due to two factors that will greatly impact the market: job and population growth. In 2017, Phoenix real estate investing was given a boost because of the additional 51,000 jobs added during the year. As of October 2017, Phoenix had an unemployment rate of 4.5%, the lowest the city has seen since 2007. Real estate investment in Phoenix can only benefit from this economy.

Investing in Apartments in Phoenix, AZ

While the real estate market in Phoenix is predicted to grow, Phoenix real estate investment brokers are seeing a lack of affordable housing. This makes multifamily real estate an attractive investment.

Investment capital continues to flow into multifamily real estate in Phoenix, with industry pundits believing apartments to be the most popular product type with real estate investors in 2018, second only to industrial. A projected 2.6 percent employment growth in Phoenix forecasts the demand for 10,000 units against projected 2018 delivery of 8,000 units.

Trends Making Apartment Real Estate Investment Favorable

Several long-term demographic trends bode well for apartment real estate investors. Householders continue to delay marriage and childbirth, thus tending to remain in apartments. Population growth is being fueled by workers who tend to be renters. Real household income growth is occurring only in the upper 20 percent of earners, rendering Phoenix real estate investment in the form of home ownership less affordable for many. Finally, student loan debt, which doubled as a percentage of GDP between 2006 and 2012, stymies home investment for younger households.

Conversely, the 65+ baby boomer generation, America’s most rapidly growing domestic cohort, is demanding more rental housing as they age out of owned homes and reevaluate their investment and retirement options. All of which makes apartment real estate in Phoenix a wise investment.

Phoenix Real Estate Investment in Houses vs. Apartments

While investing in real estate is still less expensive in many cities in the middle of the country, the cost of buying a home or condo in the major metropolises on the coasts has risen to the point where renting now looks much more reasonable than before. According to reports by ATTOM Data Solutions and the Urban Institute, home real estate prices are rising faster than rents in 59% of the 447 counties, including Maricopa County in Phoenix.

In the Phoenix real estate market, as in other markets, renting is less costly than investing in a house. While home prices across the U.S. rose 9% in the first quarter of 2018 compared to the same period last year, rents rose at just a little over a third of that rate, at 3.5%, ATTOM reports.

Phoenix Apartment Real Estate Investment Expertise

Joseph Bernard specializes in multifamily real estate investment, with extensive experience serving Phoenix real estate investors. We provide up-to-date market research, contract negotiations, deal structuring, and due diligence. You won't find brokers who know more about real estate investment in Phoenix apartment properties than we do.

We provide a detailed analysis of your Phoenix real estate investment to help you understand the real market value. This will empower you to move, hold, or disburse your equity into other real estate investment properties at key times.

"Phil worked hard and did everything the way I like it done. He is very focused and, unlike many brokers, is willing to work. He set up everything and was very good to work with and I have worked with many brokers." ~ Joseph T.

"Top level service!!" ~ Jim K.

"Bernie has been very good for us, finding us just the right properties, and doing a fantastic job selling our properties." ~ Kelly F.

"Especially towards the end of transaction, Joe's tenaciousness and communication with all parties helped to finally secure a closing. We really appreciate his extra efforts which were instrumental in bringing together those that were less than professional. Thank you for making this difficult transaction a success!" ~ Mike & Heidi S.

"Completely satisfied with your services." ~ Diane P.

"Excellent service. Professional and confident." ~ Cindy M.

"Phil was awesome!" ~ Ryan L.

"I really enjoyed working with Michael and if in the market in the future, I would call Michael first." ~ Mike M.

"Joseph Chaplik did an excellent job finding a buyer and completing the sale in a timely manner." ~ Richard D.

"They were on top of the process and got the right buyer quickly." ~ Jason H.

"5-star, very impressed! I learned a lot." ~ Elizabeth D.

"Bernie was fantastic all the way through the buying process. Thank you for all of the help and for walking me through each step." ~ Don B.

"Hunter Brookshier could not have done a better job for me. He is knowledgeable, prompt, responsive, unflappable, and kind. He navigated the rigid 1031 Exchange deadlines of my purchase with aplomb. Working with Hunter could not have been a more positive experience, he is a true professional and an absolute pleasure to work with." ~ Lisa B.

"Great company - great service." ~ Debby N.

"They answered all my questions and were extremely helpful and supportive through the whole process." ~ Joe N.

"We'll be back in the future and will recommend you to others." ~ Peter & Linda A.

"Fantastic process, would use again." ~ Grant B.

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Real Estate Investing in Phoenix – Apartment Real Estate Broker

Overview of Phoenix Real Estate Apartment Investment

Investing in Apartments in Phoenix, AZ

Trends Making Apartment Real Estate Investment Favorable

Phoenix Real Estate Investment in Houses vs. Apartments

Phoenix Apartment Real Estate Investment Expertise

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