Almost all of my local and extended industry colleagues and associates have reported a similar spike in sales activity and interest, with lesser intensity on retail commercial or office related properties. 

With this massive spike in appreciation seen in our market, appraiser were playing catch-up in 2020 and less so in 2021.

Interest in this area has spiked during the past year and going up.

Hi all, to any investors in the West Valley of Phoenix, are you seeing rents spike up again out there?

I think the market definitely had a huge spike in Airbnbs the past two years, but unique and awesome homes still do well in JT.

This way if all the houses were leveled at the same time and materials costs spiked your still covered.

This spike in unaffordable housing is only making that an even bigger target for people placing blame on.

I doubt when you run your own ads you will get similar numbers to what others are getting.. since there's so many variables involved... 2 main ones are1) every geographical location has it's own set of competition people willing to pay more or less to get the leads2) skill level of the person running the ads is another big factor...I run Google ads for 30-40 different insurance agents of the same captive insurance company using the same keywords and ads the only difference is their location and I have cost per lead all over the place.. and every few months we'll see sudden spikes and sudden drops in my cost per lead in each location... it's the nature of the beast so to speak.I think setting a budget and having it managed by someone who is familiar with your industry is a good start.. the main goal will be to keep on improving your numbers every month.. up to a point you are comfortable with your cost per lead.. sometimes no matter how good your guy is you still won't reach your cost per lead goal at which point you'll have to decide if it's worth continuing or not.good luck...

While home prices have definitely spiked in Orlando and in other markets nationally, we are also seeing higher rates and occupancy.

And I find tenants don't have that expensive belongings anyways, unless something happens, suddenly they have $1,000 leather jackets, and $1,000 high heels.