{"id":1512,"date":"2018-04-24T11:32:20","date_gmt":"2018-04-24T11:32:20","guid":{"rendered":"http:\/\/www.gentryrealestategroup.com\/buylowazteam\/?p=1512"},"modified":"2018-04-29T23:03:21","modified_gmt":"2018-04-29T23:03:21","slug":"phoenix-multifamily-construction-outlay-tops-13-billion-since-2000-10-5-percent-of-the-citys-residential-spending","status":"publish","type":"post","link":"https:\/\/gentryrealestategroup.com\/buylowazteam\/phoenix-multifamily-construction-outlay-tops-13-billion-since-2000-10-5-percent-of-the-citys-residential-spending\/","title":{"rendered":"Phoenix Multi-family construction outlay tops $13 billion since 2000 10.5 percent of the city\u2019s residential spending"},"content":{"rendered":"<h2>Phoenix multifamily construction spending since 2000 exceeds $13 billion<\/h2>\n<p><span style=\"font-family: 'Times New Roman', Times\">Folks in the Lone Star State love to say they do things bigger in Dallas, but when it comes to multifamily construction spending to keep up with exponential growth, the Valley of the Sun may be able to teach the Big D a thing or two about living large.<\/span><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times\">A new report from San Francisco-based ApartmentList.com has drawn national attention to the growing importance of multifamily housing, especially in the nation\u2019s fastest-growing cities such as Phoenix.<\/span><\/p>\n<p><a href=\"http:\/\/www.gentryrealestategroup.com\/buylowazteam\/files\/2018\/04\/ARIZONA_MULTI-FAMILY_CONSTRUCTION.jpeg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-1510 aligncenter\" src=\"http:\/\/www.gentryrealestategroup.com\/buylowazteam\/files\/2018\/04\/ARIZONA_MULTI-FAMILY_CONSTRUCTION-300x201.jpeg\" alt=\"Phoienix multifamily construction\" width=\"300\" height=\"201\" srcset=\"https:\/\/gentryrealestategroup.com\/buylowazteam\/files\/2018\/04\/ARIZONA_MULTI-FAMILY_CONSTRUCTION-300x201.jpeg 300w, https:\/\/gentryrealestategroup.com\/buylowazteam\/files\/2018\/04\/ARIZONA_MULTI-FAMILY_CONSTRUCTION-768x515.jpeg 768w, https:\/\/gentryrealestategroup.com\/buylowazteam\/files\/2018\/04\/ARIZONA_MULTI-FAMILY_CONSTRUCTION-1024x687.jpeg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times\">That Phoenix has become the nation\u2019s 10<sup>th<\/sup> biggest spender on multifamily construction is not lost on residential property investors who recognize that multifamily housing in Phoenix and nationwide continues to experience consistent market growth that many investors believe will dominate the future of the U.S. real estate market in coming years.<\/span><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times\">According to the report, spending on multifamily construction in Phoenix made up 10.5 percent of the country\u2019s share of residential spending between 2000 and 2016.<\/span><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times\">Nationally, spending on multifamily construction has nearly quadrupled since 2000 according to the ApartmentList report, shedding new light on the increasing significance of multifamily housing in American cities. Phoenix\u2019s share of spending on multifamily residential cons rose 8 percent between 2000 and 2018.<\/span><\/p>\n<p><span style=\"color: #ffffff\">|<\/span><span style=\"color: #ffffff\"><a href=\"http:\/\/www.gentryrealestategroup.com\/buylowazteam\/files\/2018\/01\/EQUAL_HOUSING_OPPORTUNITY_LOGO2.png\"><img decoding=\"async\" class=\"size-full wp-image-1176 alignleft\" src=\"http:\/\/www.gentryrealestategroup.com\/buylowazteam\/files\/2018\/01\/EQUAL_HOUSING_OPPORTUNITY_LOGO2.png\" alt=\"Equal Housing Opportunity\" width=\"150\" height=\"150\" \/><\/a><br \/>\n<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: 'Times New Roman', Times;font-size: 10pt\">|<\/span><\/p>\n<p><span style=\"font-family: 'Times New Roman', Times;font-size: 10pt\">Phoenix multifamily housing<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Phoenix multifamily construction spending since 2000 exceeds $13 billion Folks in the Lone Star State love to say they do things bigger in Dallas, but when it comes to multifamily construction spending to keep up with exponential growth, the Valley of the Sun may be able to teach the Big D a thing or two [&hellip;]<\/p>\n","protected":false},"author":77,"featured_media":1513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,4],"tags":[15,55,20],"class_list":["post-1512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-social-media-post","tag-arizona-real-estate","tag-arizona-real-estate-trustee-auctions","tag-phoenix-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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