From ARMLS:
Phoenix Rental Market Report for November 2014 is here.
RENT Check™ is ARMLS’s monthly publication showcasing the Valley’s residential single family leasing market.
What’s the RENT Check Quotient (RCQ)? It is the ratio of closed rentals to closed sales. For example, 1:2 (one to
two) would mean for every 1 rental, there are 2 closed sales. 1:1 (one to one) would mean that the number of
closed rentals and closed sales are the same.
Download the Phoenix rental market report here: Nov 2014 report
If you have any questions about buying or selling a home, call or email Home & Away Realty. And if you are a current homeowner, be sure and ask about our Buyer Advantage plan, which could save you up to 2% of the sales price of your current home. We appreciate the opportunity to earn your business. – Robert Foreman
