Phoenix Rental Market report for February 2015
RENT Check is the ARMLS® monthly publication which examines the Valley’s current residential single family leasing 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: Feb 2015 Rental Report
If you have questions about buying or selling a home, call or email Home & Away Realty anytime. We appreciate the opportunity to earn your business.