Weekly Market Update 6/26/20
This week's market update discusses the importance of rent payments for homeowners. As investors, it is crucial for tenants to continue paying rent and we want to make sure that our Phoenix property owners know that we are doing everything in our power to make sure everyone is taken care of.
Our pre-marketing strategies for homes about to hit the market seems to be working too well right now. With so few houses on the market, anything that does become available seems to have offers within days of being listed. While we are always happy when a home sells quickly, we also know how difficult the times are for buyers.
We are seeing an increase in rent applications which is great as last month applications were down. As the times continue to change as new updates of COVID-19 hit the news, we will continue these weekly updates to best help our clients make the best financial decisions possible.
Make sure to watch the full video below for an overview of what our team is seeing occur in the market as of this week!