Phoenix’s housing market is delivering a WARNING to the rest of America: the housing crash is only getting worse.
Phoenix’s housing market was the first to experience a double-barreled housing crash in 2022. Where both the For Sale and rental markets decline at the same time.
Real estate investors are now bailing out of the housing market in Phoenix and beyond as a result.
Phoenix tends to “lead” the US housing market.
Back in the mid-2000s, Phoenix (as well as Las Vegas) were the first markets to crash. And then the rest of America caught up.
What city do you think will see the housing crash next?
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