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Atlanta, San Antonio, Phoenix Lead In Economic Growth Potential

Business Facilities

Atlanta , San Antonio and Phoenix are the top-ranked large metros for Economic Growth Potential in Business Facilities’ 15th Annual Rankings Report. β€œIt It all seems to be coming together for Metro Atlanta,” said BF Editor in Chief Jack Rogers. All of the arrows are pointing up for Atlanta.”.

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Single Family Build-For-Rent Homes Reach All-Time High

Pro Builder

Phoenix, Ariz., For example, Phoenix leads this list as well with 6,000 of its BFR units being built in the last five years. Dallas comes behind Phoenix again, doubling its BFR homes stock (currently, 7,843 units) from 2017 (3,888 units). Atlanta, Ga., In fact, the size of BFR homes has also been increasing.

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One-Third of Single-Family Rental Investors are Foreign

Pro Builder

In suburban neighborhoods near cities such as Atlanta, Las Vegas and Phoenix, blocks of families are sending monthly rent checks to ventures backed by Canadian pension funds, European insurers, and Asian or Middle Eastern government-run funds. These institutions are partnering with U.S.

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Inflation Is Rising the Fastest in Sun Belt Citiesβ€”Here’s Why

Pro Builder

Sun Belt cities like Phoenix, Atlanta, Miami, and Tampa have experienced price increases above 10 percent this year, soaring well beyond the national rate of 8.5 Rents are up 21 percent year-over-year in Phoenix, and in Miami, renters are paying 14 percent more a month than they were a year ago. .

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Single-Family Rental Sector Gains Exceed Expectations

Pro Builder

Rental demand is intense in Phoenix, Ariz., and Atlanta with growths up 13%, 12%, and 11%, respectively. The SFR REITs combined portfolio is concentrated in four markets (Atlanta, Phoenix, Tampa, and Las Vegas) where leasing demand has been very high. Riverside-San Bernardino, Calif.,

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Migration Hotspots Are Also Home to the Nation’s Highest Inflation Rates

Pro Builder

Phoenix recorded the highest inflation rate of all metros analyzed with a 10.9% year-over-year gain in the first quarter of 2022, and Atlanta wasn’t far behind with a 10.6% According to Redfin, prices for goods and services are on the rise too, creating a more widespread financial burden for homeowners in migration hotspots.

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Investors Plan to Spend $1 Billion on Single-Family Rentals

Pro Builder

Today, nearly 30 states are home to such developments cropping up outside cities like Phoenix, Nashville, and Atlanta, according to the Wall Street Journal, "We didn't want to get into homeownership," Joe Paul, a resident of a community in Arizona, told the Journal. "We

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