Why The Phoenix Multifamily Housing Market Is Booming Despite Pandemic, Unemployment Levels
Back in August on The Show, we heard from real estate analyst Tina Tamboer about just how strong the Phoienix area's housing market is — despite a pandemic, a recession and hundreds of thousands of people still out of work. She said it’s all about supply and demand.
It turns out, the same is true for the multifamily housing market here. And if you’ve been driving around the city these days and can’t make a turn without seeing another apartment or condo building being built, that’s why.
Angela Gonzales with the Phoenix Business Journal has been covering that hot market. The Show spoke with her more about just how strong it is.