How to capitalize on hot Phoenix apartment market

Arizona Multihousing Association CEO Tom Simplot admits many of the new projects in downtown Phoenix are on the more expensive side, but says that’s what the market is demanding. /Source: KPHO/KTVK

By David McGlothlin | AzBigMedia

The apartment market in downtown Phoenix is hot, really hot, and members of the Arizona Multihousing Association (AMA) are cautiously optimistic that the market will remain one of the hottest in the country for at least a couple more years.

In a standing room only crowd of over 60 people, AMA hosted its second-ever Quarterly Apartment Market Presentation, which was created to be an educational resource with news and information for AMA members to improve their business, the industry, community and state.

The program was composed of three speakers who explored topics ranging from how tenants use the Internet to search for apartments to how Arizona compares with other national markets to the conditions fueling the hot downtown Phoenix apartment market.

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