Phoenix – Arizona has a housing supply problem. And Home Arizona is advocating for a solution. Home Arizona is a new pro-housing advocacy group launched by Arizona’s top economists, business leaders, policy experts and developers who are encouraging policymakers to understand the shortage and potential remedies before it becomes a major economic-development problem. “Home Arizona was founded […]
In: November, 2021
A single mom’s rent went up $700, an increase an economist says is happening across the Valley
“We’re seeing year-over-year rent increases of more than 20% pretty much across the Valley,” Court said. Colleen Sikora — 12 News PHOENIX — Photos of two young boys hang on the wall in Alicia’s two-bedroom apartment. “That’s just right outside,” she said. They’re her young boys, now 11 and 14, in the photo that was taken […]
Pollack sounds the alarm on affordability, though outlook for future positive
By Corina Vanek — Phoenix Business Journal Despite some looming challenges, especially housing affordability, in Phoenix, economic experts presenting at the Greater Phoenix Chamber’s annual Economic Outlook agreed the future for both the state and country is positive. Elliott Pollack, founder of Scottsdale-based Elliott D. Pollack & Co., said both rental housing vacancy and homeowner […]
Backlash against affordable homes intensifies housing shortage
Catherine Reagor — Arizona Republic Arizona needs as many as 270,000 additional homes with rents and prices below what apartments and houses are going for now to keep the state’s growing affordable housing problem from becoming a crisis. Read more…
The density and apartment debate continues as Scottsdale cracks top 10 list of priciest US cities for renters
Renata Cló — Arizona Republic Housing experts say renters will find Scottsdale an increasingly difficult place to afford unless more apartments are built. The affluent community northeast of Phoenix hit the No. 10 spot on a list of the country’s most expensive cities for renters in October, when the median rent for a one-bedroom apartment reached $1,890 per month, […]
How the Homeownership Rate in Arizona Compares To Other States
Samuel Stebbins, 24/7 Wall St. via The Center Square Homeownership is a longstanding aspiration for millions of Americans. According to a Gallup poll, more than nine in every 10 American investors consider owning a home to be either an essential or important component of the American dream. Homeownership can… Full Story »