Investor named after mythical hellhound is snatching up metro Phoenix's affordable houses An investor named Cerberus wielding cash has snatched up almost 600 Valley houses priced below $ 300,000 since November Check out this story on azcentral.com: https://azc.cc/2GF77w3 It's not clear what Cerberus Sfr Holdings plans to do with its rapidly growing cache of Phoenix-area houses First-time homebuyers in metro Phoenix are dealing with a new competitor for the area's shrinking supply of affordable houses. A cash-wielding investor named after the hound of Hades has snatched up almost 600 Valley homes priced below $ 300,000 since November, public real estate records show.

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