The State Where You Rent

Why Renting is Big in Arizona…

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Why Renting is Big in Arizona…

The housing market in Arizona is on a slow upswing from the crash about five years ago. What this means is that prices on houses for sale have somewhat increased – so now in many parts of the state it’s cheaper to rent again – but homes are not selling as fast, meaning there’s more private homes available for renting instead of selling.

This creates a great opportunity for renters moving to the Sunshine State. If you know you’re going to be renting for a short time, look into the private home rental market. But if you’re planning on staying around for a longer period of time, be sure to discuss your desire to rent the property for an extended period with landlords.

Applying for rental properties requires tenants to do a little bit of homework first. In addition to researching potential future apartments, tenants should also research themselves. For example, what information on your rental history report will a landlord see when they conduct a background check on you? For example, it’s not easy renting apartments with bad credit, so maybe you want to undergo the task of checking your credit report for inaccuracies, and cleaning up your credit first.

Also check your criminal record, making certain that you don’t have any negative information filed under your name incorrectly.

Because the Arizona housing market has turned enough to make it cheaper to rent than own, you might discover a lot of competition angling for the same apartment units. By doing a bit of research first, and making certain your background information is accurate and promotes you in a good light, you’ll have a better chance of snagging the apartment you really want on the first try.