Arizona ranks 7th for US population growth despite sharp slowdown from previous year
Population growth slowed significantly across the United States between 2024 and 2025, thanks largely to a sharp drop in net international migration, the latest report from the U.S. Census Bureau shows. That trend held true in Arizona, as well, according to the Census Bureau’s Vintage 2025 population estimates released Tuesday. Even so, the Grand Canyon State remained one of the fastest-growing states in the nation…»
Consumer spending is resilient, but depends on savings to pay for it
Consumers maintained robust spending in late 2025, according to new Bureau of Economic Analysis data released last week that had been delayed by the federal government shutdown. However, shoppers increasingly dipped into savings accounts to get through the holiday season, reducing the personal savings rate to a three-year low. And with year-over-year real spending growth outpacing disposable…»
Goodyear gives green light to Harvard Investments’ new master-planned community
The West Valley city of Goodyear is poised to get a new master-planned community near Estrella Mountain. Goodyear City Council approved a general plan amendment and rezoning request at a Jan. 26 meeting for Rio 1900 – a development proposed by Harvard Investments. The project would bring thousands of new homes and apartments, retail, dining and even a potential resort to the area near Estrella…»
How Arizona’s new housing law reshapes real estate investment strategy
Arizona is in the middle of another shift in how housing gets planned and built, and for real estate investors, one change worth paying close attention to is House Bill 2721, often referred to as the state’s “middle housing” law. In simple terms, HB 2721 – which went into effect on Jan. 1 – requires larger cities, including Phoenix, to allow certain small-scale multifamily housing types such as duplexes…»
Why 2021-2022 Multifamily Loans Are Showing Stress First
On most headline metrics, institutional multifamily still looks healthy: demand is intact, rent growth has not collapsed and agency delinquency remains low by historical standards. Yet beneath those aggregates, a specific slice of loans is drawing attention inside credit committees and loan sale shops: the 2021–2022 vintages. Trepp’s research team has been flagging this cohort as the point where “post‑GFC conservative…»