Phoenix Rental Market Report for February 2016
RENT Check is the ARMLS® monthly publication which examines the Valley’s current residential single family rental market.RENT Check also features the RENT Check Quotient™(RCQ) which compares leasing activity to sales.
What’s the RENT Check ?
Quotient (RCQ)? It is the ratio of closed rentals to closed sales. For example, 1:2 (one to two) would mean for every 1 rental, there are 2 closed sales. 1:1 (one to one) would mean that the number of closed rentals and closed sales are the same.
Download the latest Phoenix rental market report here: Report for Feb 2016
If you have questions about buying or selling a home, call or email anytime. We appreciate the opportunity to earn your business.