Arizona Real Estate - A Good Buying Opportunity?
If you're looking to move to a new state, Arizona real estate is
definitely worth a look. Following is a primer of the state and
the FSBO Arizona real estate market.
Phoenix
Phoenix is by far the largest city in Arizona and it is growing
fast. The sixth largest city in the United States, Phoenix is
the official and economic capital of Arizona. The city is
growing at such a high rate that it has engulfed the
accompanying towns of Scottsdale and Tempe. Phoenix has a
perpetual new feeling to it, which leads to criticisms that it
has no inherent culture or roots.
If you want to attend sporting events, Phoenix has a nice
selection. The city has professional baseball, basketball and
football teams. Phoenix even has a professional ice hockey team,
the Phoenix Coyotes. Only in America could a city in the middle
of the desert have an NHL team!
If you're looking for warm weather, Phoenix is the place. During
the summer, average temperatures are usually above the 100
degree mark without much humidity to speak of. Evenings can get
cool during the winter, but day time temperatures remain in the
70's.
Flagstaff
Unlike Phoenix, Flagstaff is a town that reeks of the more
historic Wild West. Sitting on the famous Route 66, Flagstaff is
a college town because of Arizona State University. The
University, better known as "ASU", has over 30,000 students who
more or less dominate Flagstaff. If you like the feel of a
college town, skip Phoenix and consider Flagstaff for your real
estate needs.
Arizona Real Estate
Arizona real estate is very reasonably priced compared to other
states. The average home price in Phoenix is in the low
$300,000s. Arizona has, however, become a hot real estate market
with home values appreciating over 25% in the last 12 months.
Arizona is a take it or leave it state because of the heat
index. If you prefer hot, sunny days, Arizona real estate may be
a very good investment.