Current:Home > FinanceEviction filings in Arizona’s fast-growing Maricopa County surge amid a housing supply crisis -QuantumFunds
Eviction filings in Arizona’s fast-growing Maricopa County surge amid a housing supply crisis
View
Date:2025-04-27 13:36:08
PHOENIX (AP) — Arizona’s most populous county and one of America’s fastest-growing regions saw more eviction filings in October than in any month since the beginning of this century, court officials said Thursday.
Landlords filed 7,948 eviction complaints last month with the justice courts in Maricopa County, home to Phoenix, court spokesperson Scott Davis said. The previous monthly record was 7,902, set in September 2005, he said.
Davis noted that roughly one in three eviction filings do not lead to evictions as landlords and tenants work out agreements before lockouts occur.
Census figures show that Maricopa County recently saw the largest migration boom in the U.S., leaving real estate developers struggling to meet the housing needs of tens of thousands of new residents arriving every year. From July 2021 to July 2022, the county grew by almost 57,000 new residents and now has a population of 4.5 million people.
The Arizona Department of Housing said the state has a severe housing shortage of some 270,000 dwelling units of all kinds.
A housing supply committee of government officials and housing specialists found last year that it takes too long to build new housing in Arizona and that the current local zoning regulations create barriers to new development.
With the demand high for housing units, especially affordable ones, rents have soared in recent years, leaving many Arizona residents to struggle with their monthly housing costs. Apartment List, an online marketplace for rental listings, reported this week that although rent prices in Phoenix fell 1% in October, they are up 25.6% since the start of the COVID-19 pandemic in March 2020.
The median rent in Phoenix is now $1,155 for a one-bedroom unit and $1,397 for a two-bedroom unit, Apartment List reported. The citywide apartment vacancy rate stands at 6.8%, it added.
The Arizona Multihousing Association, which represents several thousand property owners and managers across the state, underscored on Thursday that most landlords work hard to keep residents in their homes.
“We know people are struggling,” association president and CEO Courtney Gilstrap LeVinus said in a statement. “When people can’t pay their rent, eviction is typically the last resort. No one wants to see anyone lose their home.”
veryGood! (97839)
Related
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Meet first time Grammy nominee Charley Crockett
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- 'We're reborn!' Gazans express joy at returning home to north
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Meet first time Grammy nominee Charley Crockett
Ranking
- Meet first time Grammy nominee Charley Crockett
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- All That You Wanted to Know About She’s All That
- Former longtime South Carolina congressman John Spratt dies at 82
- Trump's 'stop
Recommendation
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
See you latte: Starbucks plans to cut 30% of its menu
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
2025 'Doomsday Clock': This is how close we are to self
Stamford Road collision sends motorcyclist flying; driver arrested
Trump's 'stop