Arizona real estate is well worth your time if you are considering moving to a new state. We have put together a summary of what Arizona has to offer, as well as an overview of the FSBO real estate market in the state.
Arizona’s biggest city is Phoenix, and it continues to experience growth at a rapid rate. Phoenix is the capital of Arizona, the economic hub of the state and the sixth largest city in the United States. In fact, Phoenix’s phenomenal growth, has actually overwhelmed Tempe and Scottsdale, it’s neighboring towns. Some individuals claim that there is a lack of individuality and core foundation, as Phoenix seems to be ever-changing.
Phoenix is also home to many different sports teams for those of you who enjoy sporting events. Within Phoenix, you will find many sports teams, including football, baseball and basketball. The Phoenix Coyotes, a pro ice hockey organization, also calls Phoenix home. It is hard to believe that a NHL team can exist in a desert, but it can!
Individuals who enjoy a warm climate will find Phoenix fits the bill. In the summer months, the temperatures hover north of 100 degrees and the air is typically very dry and not humid at all. In the winter, the average temperature during the day, typically hovers in the 70s, and when the sun goes down, you will find the nights to be quite cool.
If Phoenix is the modern metropolis, Flagstaff is the traditional western town. Sitting on the famous Route 66, Flagstaff is a college town because of Arizona State University. Also called ASU, there are more than 30,000 students who attend the university and make up a large part of Flagstaff’s population.
The real estate in Arizona, compared with other states, is priced to be affordable. You will find that the low $300,000s, is the typical average home price. Over the past year, though, the real estate market in Arizona has caught fire, and the state has seen a greater than 25% appreciation in home values.
Due to the heat index in Arizona, individuals either love it here, or hate it. Purchasing real estate in Arizona may be a prudent choice for you if hot days of bright sunshine appeal to you.
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