It is certainly worth your while, to consider Arizona real estate, if you have decided that it’s time to relocate to a different state. Following is a primer of the state and the FSBO Arizona real estate market.
The largest and fastest growing city in Arizona is the city of Phoenix. Phoenix is also Arizona’s capital, and this sixth biggest city in the country is Arizona’s economic capital as well. Phoenix is getting so big that it has actually merged with the adjacent cities of Tempe and Scottsdale, Arizona. Phoenix always seems to feel as though it is a brand new city, which means a lot of people believe that it has no authentic past.
Phoenix is also home to many different sports teams for those of you who enjoy sporting events. The city has professional baseball, basketball and football teams. There is even the Phoenix Coyotes, a professional ice hockey team. It may seem odd that a city in the desert has an NHL team, but that is something to expect in America.
Phoenix has amazing weather that gives you warm temperatures to enjoy year round. The summer average temperatures can soar above 100 degrees, but don’t worry because there is practically no humidity. 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.
Flagstaff and Phoenix do not share many similarities, as the city of Flagstaff has an overall feeling of the Wild West era of old. Flagstaff, located on the world renown Route 66, is home to Arizona State University, and is thus known as a college town. With 30,000 current students, “ASU”, as the University is known, commands the city of Flagstaff.
The real estate in Arizona, compared with other states, is priced to be affordable. A typical house in Phoenix will cost around $300,000 on average. 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. If you are interested in staying warm all year round, you would be wise to purchase a house in Arizona.
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