Fewer investors buying homes in Phoenix, report says

Phoenix became a hotspot for the housing market over the years, however, it looks to be cooling with a new report from Redfin. Walking in, house after house, the Jamil family continues looking for a new place to call home, for two months now, while renting. “The kids are getting old enough. We have a three-bedroom right now, and I got three kids. We’re trying to have one bedroom for each kid,” said Sam Jamil.