|Note¹ – Housing = Single Family Homes, Note² – DOM = Days On Market|
|Data Source: Arizona Regional Multiple Listing Service (ARMLS)|
|For other cities or area, please call (480)292-8281 or email email@example.com|
|Above data was compiled by Gary Chen, Designated Broker, ABR, CIAS, CNE, SFR|
|Original data complied by The Cromford Report|
Median Lease: $1,250 – flat.
Average Lease: $1,412 – Increase from $1,379 previous month.
Avg. Days on Market: 31 – Decreased from previous 37 days.
Rent Check Quotient™: 2 : 5 – Remains stable.
Closed Rental: 2,351 – Increased from previous 2148 homes.
Rent Check Quotient™ (RCQ™) is the ratio of closed rentals and closed sales.
Cap rates and Cash on Cash are still above 5%, It’s still good time to ACT!
Arizona has finally recovered all the jobs lost during the Great Recession, according to the latest data from the Arizona Department of Administration. For the first time since October 2007, Arizona has more people in the workforce than ever before.
With 25,300 jobs added in February, the workforce hit a record 2.7 million, topping the 2.69 million workers eight and a half years ago. Arizona’s workforce lost 313,500 jobs between the October 2007 peak month and the trough of 2.37 million workers in September 2010.
Arizona’s February U-3 “conventional” unemployment rate dropped to 5.5 percent from 6.3 percent last year. The rate is also down 0.1 percent from January.
The state gained 79,200 jobs over February 2014, with most of those in education and health services (19,600 jobs), professional and business services (16,800), and trade, transportation and utilities (12,200).
In month-over-month data, governments added the most workers, 14,800, but even with that boost, the total public workforce is 2,400 employees less than last February. Leisure and hospitality (5,900), education and health services (3,100) were the sectors with the next largest boost in employment for the month.
Do you know elementary schools in Anthem and Gilbert are coming up strong? Nonetheless, Chandler Traditional Academy’s Independence campus is still way above all its competitions. Other top elementary schools are scattered among Scottsdale, Ahwatukee and other part of Chandler.
|Top 13 Arizona Elementary Schools||AzMERIT||GreatSchools
|CTA – Independence, Chandler||87%||10||4|
|Cherokee, Paradise Valley||79%||10||4|
|Audrey & Robert Ryan, Chandler||78%||10||4|
|Kyrene Monte Vista||77%||10||5|
|North Ranch, Scottsdale||77%||9||4|
|Gavilan Peak, Anthem||73%||9||3|
|Anna Marie Jacobson, Chandler||73%||9||4|
|CTA – Liberty, Chandler||72%||10||4|
|Desert Canyon, Scottsdale||72%||10||4|
|Legend Springs, Glendale||72%||9||4|
|Pinnacle Peak, Scottsdale||72%||9||4|
AzMERIT – Arizona’s Statewide Achievement Assessment for English Language Arts and Mathematics.