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In this week’s Phoenix real estate market update, Ed breaks down what investors are seeing as we head into February 2026 — and why expectations matter more than ever right now. Leasing activity across the Phoenix metro is picking up, Capstone is making real progress on long-standing maintenance challenges, and the year is shaping up strong. But the bigger conversation is about real estate investing expectations, especially for investors who entered the market between 2020 and 2024. Ed dives into long-term appreciation trends, normalized market growth, rising interest rates, and what current inventory levels mean for buyers, sellers, and landlords. Using historical context and current market data, he explains why today’s market feels very different — and why that doesn’t mean real estate is broken. This is a must-watch for Phoenix investors trying to decide whether to hold, sell, or reset expectations in a stabilizing market. Topics Covered: Phoenix real estate market update – February 2026 Why leasing activity is improving in Phoenix The truth about real estate appreciation (4.1% long-term average) Investor expectations vs reality after the 2020–2022 boom Days on market, inventory levels, and buyer demand Long-term rentals vs short-term and hybrid investment models Why long-term investing is still a “long game” What investors who bought between 2021–2024 should consider now Who This Video Is For: Phoenix real estate investors Rental property owners Long-term buy-and-hold investors Anyone questioning current market performance Call to Action: Have questions about your property, cash flow, or options in today’s market? Reach out to the Capstone team — we’re here to help you navigate it.