Weekly Market Update 9/5/2020

Heading into Labor Day Weekend we are seeing nothing but promising things from the real estate market here in Phoenix. In this video, Ed discusses new builds in the greater Phoenix region, which proves to support a booming real estate market. From an investor's standpoint, interest rates are still really low and if you come across an investment opportunity, now is the time to buy! We are waiting on updates from the CDC which would allow tenants who are unable to pay rent the ability to stay in the property through December. From an investor standpoint, this can be disheartening news, but our team is doing everything we can to ensure both the tenants and homeowners are taken care of. For those who cannot pay rent, we understand that times are hard right now, but for those who are able to pay at least a portion of the rent, we encourage that and are holding them responsible to do so. It is important that both tenants and homeowners are thought of during these times of hardship. The Capstone property management team in Phoenix is great! We provide full-service property management to all of greater Phoenix, ensuring that we are doing everything in our power to take care of our clients and tenants. We are staying up to date on all updates from the CDC and continue to provide information and professional advice to our clients. Make sure to watch the full video below for a complete rundown of what is currently happening with the Phoenix real estate market!