For Multifamily Executive, Hamilton Zanze CEO Kurt Houtkooper details the reasons for optimism about the multifamily market and his company’s plans for 2024.Read
Phoenix and Tucson Lead the Nation in Economic Recovery
According to the latest Metro Monitor Report from Brookings, Phoenix’s economy fared better than any other city in the country during Q1 2013, with Tucson a close second. Brookings bases its rankings using GPM growth (Gross Metropolitan Product is the total value of all goods and services produced). Phoenix and Tucson’s GPM increased 1.2% and 1.1%, respectively.
Despite the economic growth, Phoenix remains 2.6% below its pre-recession peak output levels, while 7 out of the 10 Mountain West MSAs have achieved full recovery.
Read the full article at the Phoenix Business Journal