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 already the 6th biggest metropolis in the country and it is Arizona’s state capital. In fact, Phoenix’s phenomenal growth, has actually overwhelmed Tempe and Scottsdale, it’s neighboring towns. Phoenix has a perpetual new feeling to it, which leads to criticisms that it has no inherent culture or roots.
Phoenix is home to a number of sports, so an interest in attending such events is satisfied here. There are professional teams in football, baseball, and basketball. The Phoenix Coyotes take to the ice each year, for those individuals interested in taking in a professional hockey game. Maybe you wouldn’t expect an NHL team to be located in the middle of the Arizona desert, but that’s just what you’ll find!
Phoenix has amazing weather that gives you warm temperatures to enjoy year round. During the summer, average temperatures are usually above the 100 degree mark without much humidity to speak of. In the winter months, the nights can be on the colder side, but during the day, the temps will still be in the mid 70s.
Unlike Phoenix, Flagstaff is a town that reeks of the more historic Wild West. Flagstaff is a city right off of the renowned Route 66, and is home to 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.
If you are thinking of purchasing a home in Arizona, you should know that the prices are better there than just about anywhere else. The average home price in Phoenix is in the low $300,000s. 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.
The heat index in the state means you either love it or hate it here. 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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