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Phoenix, Arizona, is firmly the fifth in the list of largest cities in the United States.
Phoenix increases its lead in population over Philadelphia, PA. See the list below for more information.
Read the full article here in the Phoenix Business Journal. The increase in population only put further pressure on Arizona’s Housing Crisis. We do not have enough homes for all of the people who are moving here. While a lot of multi-family construction is in the works to help the situation, there is not enough single-family construction. The opportunity is in single-family homes. Whether you make it your personal residence or for investment, you cannot go wrong by investing in single-family homes.
While Phoenix is in the top 5 of the Largest Cities in the United States, we also have the least amount of private real estate on the list of states. The federal and state governments own the vast majority of Arizona. Limited supply means pricing and demand go up.
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