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Phoenix Rental Market Heats Up!

Signs of a U.S. economic recovery are everywhere except the housing market.  New-home sales fell to their lowest level in five months according to data released last week, while home prices appear to be losing their momentum.  Also, higher mortgage rates and rapidly rising home prices have also kept buyers away.  These buyers are continuing
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Monitor your ads, Avoid online scams

As a Phoenix Property Manager we monitor all of our rental listing daily. As an owner you may not realize the importance of monitoring your property listing. We have found that online predators will clone rental listing in effort to scam unsuspecting potential tenants. The cloned adds will look just like the original ad however they
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What is the Right Approach to providing Appliances for Your Phoenix Rental Property?

In the Phoenix rental market, providing appliances for your tenants is necessary and listing the house without will put your property at a competitive disadvantage.  As a Phoenix property owner, being responsible for the appliances is unfortunate because appliance repair and replacement is expensive and most tenants will not treat the appliances like they would if they owned them.
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Phoenix Property Rent Statistics

ARMLS (Arizona Regional Multiple Listing Service, Inc), publishes monthly rental statistics for the Phoenix Rental Property Metro area based on all leasing activity through MLS (Multiple Listing Services).  For February 2014, closed rental units was 3625 so down slightly from 3690 for February 2013.  The median lease price was $1095 and the average days on
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