Phoenix Airbnb Property Management
We offer end to end Airbnb management services for the Phoenix Metro market. If you have a short-term rental or are looking for a property as an investment, we can help.
In 2017 the median home value in Phoenix is $211k. The home values have increased 9.5% since 2016, and they are predicted to rise another 3.5% in the next 12 months. The median price per square foot is between $147 and $154 depending on the area. Median home prices are $268,519 and median rent prices are $1,325 a month.
The number of foreclosures in Phoenix is .5 homes per 10,000, which is lower than the national value of 1.6 per 10k. This is one of the lowest points in Phoenix for the last 10 years, a great time to invest in property.The number of mortgages turning delinquent is near 0, and the number of underwater mortgages is hovering around 0.1%. This is great considering the 20% average during the down-turn.
Why Buy Phoenix Real Estate for Investments?
The data shows that rents are going up! That is always a bonus if you want to have a rental property. We utilize Airbnbs automated pricing updates, and we also optimize pricing based on your homes availability. This means if the home has openings, we are going to lower the price a bit to get them filled. We utilize pricing data to make sure your home is always getting the best rates.
Phoenix has a bunch of nice areas:
- Downtown – Arts District, Theatre District
- Uptown Phoenix
- Willow area
Interested in seeing the sights? There is a great visitor guide: Visit Phoenix
We cater to all kinds of guests that visit the area. Downtown attracts legal professionals and event attendees. Scottsdale attracts vacation and relaxation seekers.
Why is Phoenix a great market to invest in?
Phoenix is the fastest growing city in the United States for very good reasons. The unique blending of cultures found here exists nowhere else on earth. The weather is perfect most of the year. Unbeatable scenery surrounds every corner. Every cuisine imaginable is readily available. If you are thinking about moving to Phoenix or just visiting, you will be warmly greeted.If you are thinking of investing in Phoenix, then consider a professional Airbnb property management company.
Phoenix has the highest gross metropolitan product growth in the United States. While the economy is already booming in Phoenix, experts suggest that it will grow by more than 40 percent over the next decade. Lucid Motors plans to build their electric vehicles in this city. Raytheon Missile Systems also plans to open a new facility in this mountain community. In fact, over $1 billion in capital investments have been announced, but this is just the beginning.
One of the reasons that the economy is booming in Phoenix is that companies pay no corporate franchise tax. They also pay no property taxes on business inventories. Many businesses qualify for even more tax exemptions.
While the economy in Phoenix has traditionally been manufacturing based, that is quickly changing. Many financial companies have opened large service offices in Phoenix because the city’s great weather means very few service interruptions. The rate of health care jobs consistently grow at three times the national average.
The state legislature has allocated more than $7 million to train the local workforce in high-demand jobs. The great news for people living in or moving to Phoenix is that these jobs usually are high paying. This will fuel rapid growth in the community university system which is already the largest in the United States.
More than a dozen universities are proud to call Phoenix home. Arizona State University has been named the number one college in the United States for innovation. U.S. News and World Report said that the college is number one for international students.
The Phoenix area is home to many of the top placing charter high school in the United States, but students can also receive a quality public education in this city. In fact, five of the top 25 high schools in the nation on the SAT test are in the Phoenix metro area.
It is easy to get around Phoenix. Two interstates cut straight through town allowing drivers to get home much faster than in other comparable cities across the United States. Numerous cab systems and rental car agencies cater to those who do not have a vehicle of their own.
Phoenix’s Sky Harbor Airport is the 10th busiest airport in the United States. While more than 120,000 visitors arrive or depart from it daily, the airport has a reputation as being one of the friendliest in the world.
The city is served by 20 miles of light-rail service with plans to expand that to 66 miles by 2034 well in the works. All areas of the city are easily accessible through the bus system. The city also has an active system for connecting commuters with people who need a ride.
Things to do in Phoenix
There are many different things to do in Phoenix. Top attractions include:
- Hike at Camelback Mountain
- Hear the Lions Roar at the Phoenix Zoo
- See a Ballgame at Chase Field
- View art at the Phoenix Art Museum
- Stroll through the Desert Botanical Garden
- Play golf at more than 200 courses
- Get a massage at one of the many spas in the area
There are so many different reasons to live in or visit Phoenix. Residents enjoy more hours of sunlight than any other major city in the United States. The economy is booming, and experts expect it to continue to do so for a long time. The city is home to top-rated universities and high schools. Getting around the city via commuting, bus or light rail is incredibly easy. Regardless of your interests you will find plenty of things to do in Phoenix.
There are many beautiful Airbnb properties in Phoenix. The city will need more to meet the increasing demand placed by tourists and those moving to Phoenix to work. If you want a great investment, then this might be perfect for you. Remember that you do not have to manage the property yourself as we are the professional Airbnb property management company in Phoenix.