Tale of Three Cities – Revisited – 6-2024 The purpose of this report is to show the strengths and weaknesses of Tucson, Arizona, and its sister cities, namely Albuquerque, [...]

PICOR’s Thoughts “The Multi-family outlook for 2024 seems to mirror that of 2023. We are expecting limited inventory until the 4th quarter due to several factors. Buyers and sellers [...]

In general, these are my observations of the Tucson market: Fewer apartment and student housing deals are coming through the pipeline, including new purchases and refinances. We have noticed [...]

PICOR’s Thoughts “The first half of 2023 saw the institutional market come to a halt, leading to not one sale over 100 units in Tucson. The under 100-unit market [...]

Tale of Three Cities - Revisited 8-2023 The purpose of this report is to show the strengths and weaknesses of Tucson, Arizona, and its sister cities, namely Albuquerque, New [...]

PICOR’s Thoughts “As we jump into the start of 2023, the multi-family market has shifted drastically. The higher interest rates, low consumer confidence and drop in demand has led [...]