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Is homeownership out? Why renting is more attractive | FOX 10 Phoenix

visibility comment0 event January 11, 2026 timer 19:51

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This episode of Newsmaker highlights a critical societal shift: the evolving landscape of the Phoenix housing market.

Real estate expert Justin Steltenpohl explains that while Phoenix home prices remain high, a "concessionary market" and high interest rates are making renting more attractive.

This is particularly noticeable in the younger generation, that prioritizes flexibility and experiences over homeownership.

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