Independent thinking for complex markets and current events
Housing supply is skyrocketing across Southwest states like Arizona, Nevada, Utah, and Colorado, suggesting that the 2025 housing market is amid a correction in these states. Access our Home Price Forecast for your area at www.reventure.app under a premium plan. This means that homebuyers in these states could have their best opportunity to buy a …
Big red warning signs are flashing in the Phoenix housing market. Inventory is now up 467% from its pandemic low three years ago. And just hit the highest level in a decade. There's a mass selloff occurring, as pandemic investors and snowbirds sell out. Prepare for… pic.twitter.com/d0c41Mxe87 — Nick Gerli (@nickgerli1) April 29, 2025
A Democratic Party campaign office was the target of gunfire in Tempe. No one was injured. It’s not clear when the incident happened; a party spokesman on Sept. 23 said it occurred “overnight.” Tempe police said apparent gunfire damage was discovered at the party office near Southern Avenue and Priest Drive and they are investigating …
Phoenix area single-family homes for sale. pic.twitter.com/omjV7ifp1p — John Wake (@JohnWake) September 15, 2024 I'm sure this time is different for housing pic.twitter.com/IDHhEZF9lN — Darth Powell (@VladTheInflator) September 16, 2024 But but but but, the housing propagandists said prices go up when rates fall! https://t.co/jeBmbnGmeU — Darth Powell (@VladTheInflator) September 16, 2024 https://twitter.com/VladTheInflator/status/1835483678325272848
It’s always hot this time of year in central Arizona, but 2024 is proving to be an endless summer with especially high temperatures in Phoenix. On Tuesday, the city hit its 100th straight day with at least 100 degree temperatures. That’s long since shattered the record of 76 days in a row set back in …
A Phoenix woman says she lost $110,000 after receiving a text message that became a job scam.
waymo's non existent driver rolling down the window when pulled over by Phoenix PD is wild 😭 pic.twitter.com/8sWtg7UI8G — Ananay (@ananayarora) July 4, 2024 h/t John Dutton
PHOENIX (AP) — The season’s first heat wave is already baking the Southwest with triple-digit temperatures as firefighters in Phoenix — America’s hottest big city — employ new tactics in hopes of saving more lives in a county that saw 645 heat-related deaths last year. Starting this season, the Phoenix Fire Department is immersing heatstroke …
Phoenix is experiencing a significant increase in home inventory, with active listings in April 2024 reaching nearly 15,000, a 50% rise compared to the previous year and a staggering 326% increase over two years. This surge in inventory could lead to declines in home prices in the second half of 2024, challenging the narrative of …
Most surreal photos you'll ever see – thread 🧵 1. Eruption on Mount Etna gives the illusion of a Phoenix in the sky pic.twitter.com/EcuMOfGqoh — James Lucas (@JamesLucasIT) April 21, 2024
Financial instability grips communities nationwide, with a significant portion of households struggling with debt payments. In Phoenix, soaring evictions and bankruptcies signal a growing economic crisis. Current economic indicators point to a concerning trend of declining savings and stagnant interest rates, exacerbating inflationary pressures and paving the way for a potential recession. Wow – more …
“Rent Prices Up 76% Arizona Attorney General Confirms Rent Prices Are Sky High Due To Major Landlord Companies All Working Together & Price Fixing “This happened in large part because of this conspiracy that stifled fair competition & essentially established a rental monopoly” The 1% Are Lawless In America. “Why is the rent here so …
Landlords around America are doing emergency rent cuts on properties that they can’t find tenants for. Particularly in a market like Phoenix, where the evictions have skyrocketed. The central problem that these big Wall Street Landlords are facing is that they increased the rent too much during the pandemic. To a level that locals can’t …
BREAKING: @okeefemedia interviews Jet Limo bus driver dropping off migrants at Phoenix Sky Harbor Airport. Are these migrants from the border? “Correct” “I work for Jet Limousine and take a few trips a day” Airline pilots, agents coming forward with more… DEVELOPING… pic.twitter.com/N7tKxEW99O — James O'Keefe (@JamesOKeefeIII) December 21, 2023 Sheriff Mark Lamb of Pinal …
PHOENIX (3TV/CBS 5) – An agent with the Internal Revenue Service (IRS) is dead after being accidentally shot by another IRS agent during a training exercise Thursday at a federal gun range in Phoenix, multiple sources tell Arizona’s Family. A spokesperson for the Federal Bureau of Prisons confirms that an incident occurred Thursday at their …
Blistering temperatures reached unheard-of northerly latitudes in Canada over the weekend amid dangerously hot and dry conditions, lightning storms and new blazes that intensified the country’s historically severe fire season. The temperature soared as high as 100 degrees in the Northwest Territories on Saturday, the hottest temperature ever measured north of 65 degrees latitude in …
Rents are dropping. 📉 Hardest-hit cities include Austin, Las Vegas, and Phoenix, where rental rates are down -6% over the last year. Meanwhile – taxes, insurance, and interest costs are up significantly. Cocktail that could mean forced selling in H2 2023. pic.twitter.com/nKiLmPRW0V — Nick Gerli (@nickgerli1) July 4, 2023 “Landlords who purchased in the last …
The Airbnb collapse is real. Revenues are down nearly 50% in cities like Phoenix and Austin. Watch out for a wave of forced selling from Airbnb owners later this year in the areas hit hardest by the revenue collapse. 1) What's scary for the US Housing Market is just how many Airbnbs there are. Data …
"Why Airbnb owners are about to Sell" Revenue per available listing in Phoenix DOWN 48% in May compared to May last year.https://t.co/TEtoz1PGFY pic.twitter.com/GaVLoNBJS5 — John Wake (@JohnWake) June 26, 2023