My thought is that fewer people are moving, but that leads to lower inventory of available rentals too, so it about evens out.

I'm also looking to flip especially now that the market is strong for sellers with the low inventory of houses. 

Houses sold at 98.7% of list price with 13 days on market, and inventory dropped to a very low level of 0.8 months.

Inventory is low (Not interested in Dutchtown South)

@Frank Milan this is a Trustee Service Company hired by the banks to sell their foreclosure inventory. 

It is due to the low inventory and high demand with 250+ people a day moving to Phoenix, and also with our healthy local economy, low property taxes, strong rental market ( for landlords) and growing tourism sector, who wouldn't want to live here? 

There was a 4.8-month supply of homes for sale in May, down from a 4-month supply in April, meaning inventories are low.

Sales volume is down, pending sales are down, the number of buyers is down, but inventory is also way down.

Your inventory is perishable, so slash prices last minute to get something instead of nothing.- Customer service is huge and you'll live and die on your five star reviews. 

However, we can renew our lease for 9 more months with the hope of things dropping and more inventory coming onto the market.